Outsourcing can be a viable management strategy for many companies. Increasingly, both small and large businesses are choosing to outsource some or all of their Human Resources (HR) functions to a Professional Employer Organization (PEO).
The outside company can handle such functions as payroll processing and administration of insurance benefits, and can also assist with recruiting new employees and providing employee orientation and other services such as:
Handling payroll and employment taxes
Ensuring human resources compliance
Managing workers' compensation
Overseeing workplace safety and risk management
Providing and managing employee benefits and retirement programs
Ensuring compliance with employment-related laws
Providing resources and guidance toward increased productivity
This InsideUp Best Practices Guide is designed to help you to decide which HR functions your company should outsource and to find the best PEO provider for your business.