A PEO is an outsourcing firm that provides comprehensive human resource solutions and administrative financial services to both small and medium-sized businesses.
When you partner with a PEO, your business can benefit in a number of ways:
Focus on your core business: Removing non-revenue producing tasks allows you to spend more of your time growing and maintaining your business.
Lower expenses and increase profits: By outsourcing your human resources, benefits, and payroll administrative tasks, you can take advantage of our economies of scale and broad expertise. In turn, this will lower your total overhead business cost and put revenue back in your company’s pocket.
Become an employer of choice: Providing better benefits programs for employees enables you to attract and retain top talent for your business.
Put your business in good hands: Rest easy knowing you have access to on-demand guidance on legal compliance and improved risk management, safety support, training, and claims processing services.
Co-employment is a relationship where the PEO acts as the administrative employer of record for the client company and the client is the worksite employer. This relationship is based on a true partnership. The PEO helps small and medium-sized businesses achieve economies of scale not otherwise available on their own.
When you partner with a PEO, your business can benefit in a number of ways:
The PEO:
Client Company:
Yes. Paying wages is an essential component of the co-employment relationship. Without this, the PEO would not be able to provide workers’ compensation, health benefits, and other PEO services related to the co-employment relationship.
Employers provide the salary and hours for each worksite employee and the PEO processes the payroll and gives all payroll-related taxes and reports.
No. The management relationship you have with your employees will continue. Partnering with a PEO enables you to improve this relationship by offering improved HR-related products and other PEO services.
Ultimately, the responsibility for complying with most employment laws and regulations is the client. At INVO PEO, we can provide you guidance and education to help you remain compliant.
While the client is responsible for providing the funds to cover payroll and payroll taxes, the PEO administers the payment of wages to employees and payment of taxes to the appropriate agencies.
Yes. Mutual PEO can work with the client to draft a handbook and a variety of policies as needed.
Yes. We can develop a training program suitable for the client.