Rather than hiring a dedicated staff member or training an existing employee to oversee HR matters for their companies, many small to midsized employers have turned to a PEO (Professional Employer Organization) to address these needs and exposures.
PEOs offer an excellent solution for your clients’ HR related needs. Through a relationship with a PEO your clients’ can outsource many employee administration responsibilities and burdens that would normally be dealt with internally. In conjunction with the PEO serving as the Client’s offsite HR Department, they can assist your client with their employee recruitment and hiring processes, job descriptions, employee handbooks, along with the preparation of informative HR Guides and Manuals.
Small to medium sized companies “hire” PEOs to handle many employer related obligations and tasks like workers’ compensation administration, payroll, and employment tax filing, employee record keeping, governmental compliance. For larger companies, these tasks are managed by the company’s HR department. As a PEO client, smaller companies can have the same type of support and the peace of mind that goes along with it.
For smaller businesses HR tasks, paperwork, and governmental filings can pile up fast and deep; that’s because the person responsible for HR is usually wearing many hats (probably the owner or a general manager for the company). What’s more, administering HR functions requires an extensive understanding of tax law, workers’-compensation law and other areas that most business owners and manager simply don’t have. That’s why your clients should stop trying to manage their own workloads and deal with mountains of HR paperwork too; a PEO will take over those headaches and do so in a professional and cost effective manner.
The PEO becomes your clients’ HR Solutions by assuming responsibility for legal regulations, insurance details and tax laws while your client remains in charge of their company’s products or services. What’s even better is that the Internal Revenue Service (IRS) recognizes the PEO as the employer of record for federal and state taxes, as well as for workers’ compensation. That means that many of the liabilities associated with being and employer are removed from your client!
In a nutshell, the goal of the PEO is to relieve your clients of many time consuming and non-core business functions so that they can do what they do best, run their companies!
Through a relationship with the LL Roberts Group you become an even greater resource for your clients, in fact we consider you to be a “Business Solutions Providers” for your clients. Contact us today (toll free) at 877.878.6463 and find out how we can assist you and your clients through the PEO Services that we provide.