All posts tagged 'PEO'
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Posted @ 3/24/2010 5:44 PM By MBAHRO
Payroll Service Companies – Common Features They Offer
Payroll service companies provide a common suite of core services. As in introduction to what payroll service companies do, consider the following core services.
Calculating Payroll for each employee
Calculating tax obligations for each employee
Printing Checks for payroll
Service companies also deliver the checks
Creating Reports for Management
Additional services sometimes include:
Affordable 401 (k) plans to offer employees. Payroll service companies help level the playing field with the benefits offered by your larger competitors.
Employee Manuals provided and customized by Payroll Service Companies keep you from trying to reinvent the wheel and stay up to date with state and national legislation to more effectively avoid employee claims.
Automatic check signature can save your team time each payroll by not requiring an executive to sign the checks, one at a time.
Direct Depo ...
Posted @ 3/21/2010 5:48 PM By MBAHRO
Outsourcing Payroll Processing In Florida. PEO Options
As a business executive in Florida, outsourcing your payroll processing may be one of your biggest decisions this year. One aspect to evaluating outsource candidate companies is their location. If your company is in Florida, wouldn’t you like the increased trust factor in knowing your payroll processor outsource is also in Florida and intimate with issues specific to your state?
MBA has been a shining star in Florida area over the last ten years. You should know that we’ve received multiple awards drawing praise for the services and support we provide our clients. As your fellow Florida PEO, we have unique aspects to our services to better serve your company:
Better understanding of your own employees and how to take action required based on issues specific to Florida. (like, “I have an employee that has dual citizenship, how does that affect my payroll responsibilities?” Or “The new Florida unemployement ...
Posted @ 3/20/2010 5:49 PM By MBAHRO
Will your Professional Employer Organization bring top-notch human resource software to the table to meet your large business HR system needs?
As a large business executive, you may be considering outsourcing your payroll or HR processes. Savvy Professional Employer Organizations have developed specialized services and delivery systems that cater to needs specific to larger companies.
A common requirement from large businesses working with professional employer organizations is for the PEO’s technology platform to meet the HR system needs of a large company.
Prior to pursuing a PEO relationship, you’ve probably already made a substantial capital investment in human resource software , sometimes called an HRIS system.
Therefore, as you look at partner companies to help with things like your payroll processing and benefits administration, here are some great questions to ask:
“Why do you believe your technology system will provide reliable data?”
Have the PEO expl ...
Posted @ 3/12/2010 5:57 PM By MBAHRO
What does PEO stand for? What is a PEO?
If you’re asking yourself, “What does PEO stand for?”, then you should know that, professional employer organizations (PEOs) are in the business of being an outsource for companies that want to focus on their core business model. PEOs provide the ability to outsource:
Many businesses today see the value in outsourcing the parts of their business that don’t focus on their expertise at revenue-producing and operational efforts.
A few benefits of using a PEO are:
Lower payroll processing costs with higher reliability concerning documentation and regulatory requirements
Using their HR legal resources to lower their risk of employee lawsuits
Professionally dealing with compensation and unemployment insurance claims.
Improved employment practices, compliance and risk management to reduce liabilities.
Access to a comprehe ...
Posted @ 2/16/2010 12:02 PM By MBAHRO
Modern Business Associates as your PEO – Tampa, Florida
If your business is in Tampa, Florida and you are considering a PEO, why not use a local leader in the PEO business? MBA has been a shining star in the Tampa Bay area over the last ten years. You should know that we’ve received multiple awards drawing praise for the services and support we provide our clients. As your neighborhood Tampa Bay PEO, we can unique aspects to our services:
Better understanding of your own employees and how to take action required based on local Tampa Bay events. (like, “How would your HR dept handle a hurricane? Do you have the right processes in place?” Or “What do you do when an employee demands to go home during a summer downpour because they live in a flood area?”)
More personal process to learning about how our Tampa PEO can help you and starting a relationship together via face-to-face conversations with our new account staff.
Lower live training costs, d ...