Professional Employer Organization (PEO)
A Professional Employer Organization (PEO) is a relationship in which you select a PEO services provider to become your dedicated HR management and benefits administration partner, and deliver a broad range of HR services through a co-employment or employee leasing model.
In a standard Professional Employer Organization, you retain the day-to-day control over how you manage your employees, while your provider handles HR management and benefits administration, including:
- Essential HR services such as payroll, benefits and workers’ compensation
- Access to health care
- Health Care Reform guidance
- HR management infrastructure
- Addressing and managing common employer risks
- Online and in-person employee training
PEO services benefit – sharing the responsibility.
When you establish a co-employment relationship, you’re also sharing certain risks and liabilities with the provider. Shared responsibility means you’re not facing the threat and impact of changes to regulatory laws and other compliance requirements alone.
Our risk and compliance experts help keep on top of the thousands of annual changes to regulations so you don’t have to. As a result, we can help you avoid common benefits administration and HR management pitfalls and solve little problems before they turn into big ones.
Advantages of using PM as your PEO provider.
Payroll Managers in Tampa integrates all major HR management and employee benefits functions into a single-source solution, one that translates into real savings, increased efficiency and greater peace of mind. Key reasons to use PM including:
- Expert advice from a trusted HR Business Partner in Tampa who is dedicated to helping your organization proactively manage your employees, and make the right business decisions about benefits.
- Shared responsibilities with a leading authority on employment risk.
- The ability to scale up or down with a minimal impact on your infrastructure through PM’s flexible technology platform.
- The opportunity to optimize your benefits and employee services.
For many small and mid-sized organizations, this relationship helps remove administrative burdens so the principals can focus on building business.
Lower expenses
Employee leasing allows you to eliminate labor and non-profitable administrative tasks. Reduce the amount of paperwork and time you dedicate to managing the administrative aspect of your business.
Reduce risk
Protect your assets while minimizing your risk of exposure from unemployment and workers comp claims that could result in the financial demise of your business.
Increase profits
Outsourcing administrative aspects of your business will reduce labor and allow you to invest your time and money into income producing departments.
Insurance compliance
Employee leasing relieves you of the responsibility associated with insurance benefits, claims, and the ever-changing healthcare reform schedules.
From 5 employees to 50,000 – it’s time for change.
Whether you’re a small shop on main street or an employer operating in multiple cities and states, PM in Tampa has the scalable tools and resources to help you maintain consistency in managing your employees. These tools, backed by our unrivaled support and expertise, will transform how you track time and attendance, and what it means to your business.
We’re ready when you are.
HR management and employee benefits administration might not be what you do – but it is what we do, everyday, for thousands of businesses just like yours.