PEO is sometimes referred to as an employee leasing company—is an HR Services company that is contracted by small companies to take over certain administrative functions, such as payroll processing, employee benefits, tax, and insurance far easier and recruitment, to businesses.
The PEO is responsible for maintaining the whole HR administrations. The employee with the company becomes the co-employee of the PEO. As an employee, works in an organization, but the total HR-related tasks of an employee from their joining to the relieving are taken care of by the PEO.
PEO Services:
To concentrate on your core business responsibilities hire PEO consulting services like Husys. We will provide you with employee management services like recruitments, benefits management, and payroll. Rather than managing human resources, you can outsource it to a PEO that will take on the role of a human resource department. With PEO Services in India, you will be able to commence your business easily. Husys is a one-stop solution for all your HR needs.
Some of the duties performed by PEOs include:
Payroll services, including automated deposits and one-time payments to both full-time and part-time employees as well as vendors
Employee benefits, ranging from medical, dental, vision, workers’ comp claims.
Compliance functions related to payroll taxes, employee tax forms, and Internal Revenue Service (IRS) forms and reports
Access to experts in all areas covered by the PEO
Workplace risk management and safety
Customized employee handbook designs
Recruitment and pre-employment screening.