Funny businessman considering several options.
The Professional Employer Organization – The Good, Bad and The Alternative
Sometimes companies have trouble meeting their human resources needs, especially while also trying to increase profits. To assist in this area, many companies hire professional employer organizations (PEOs). If you hire a PEO, your employees are no longer fall under your tax ID number; they assumed to be employees of the PEO. You will also delegate HR responsibilities to the PEO. Though the company officially hires its employees, the PEO handles payroll, benefits administration, workers' compensation, medical insurance, and retirement accounts. Then,…