Top Human Resources Company Saves Business From Professional Employer Organization (PEO) Service
We have all heard the horror stories of a company that is stuck in their Professional Employment Organization (PEO) (or co-employment) contract. PEOs are typically engaged by small businesses for better benefit plans; however, as that company grows, their employees start to feel the negative effects of the PEO.
Initially, a PEO arrangement sounds appealing to an organization that wants to outsource their Human Resources and Payroll. However, a PEO can be extremely complicated as the Employer of Record, running payroll under their tax ID numbers. Additionally, all of the onboarding, employee handbooks and company policies become dictated by the PEO, which unfortunately does not leave the employer any say in how they want to define terms of their own business.
A PEO’s fees tend to add up as their contracts have to outline how they charge additional mark-up fees on their products, taxes and services provided. Yikes. It typically takes a company a couple of years to realize that their PEO is not supporting their business to its greatest capacity. Flex HR has saved many organizations from their PEO.
Flex HR To The Rescue
Flex HR has a client that before connecting with us received human resource and payroll support from a PEO. The company acknowledged the need to seek out possible alternatives to their existing provider. After careful evaluation, the business owner made the decision to partner with Flex HR. The company recognized that in addition to providing world-class service, Flex HR could also enhance the overall employee experience.
Since supporting this client in early January 2022, we have successfully migrated the group to a cloud-based human resource and payroll management solution designed for businesses of all sizes. Key features include recruiting and onboarding management, performance management, payroll management, tax compliance, time and attendance management, benefits administration and reporting and analytics.
Flex HR acts as your Human Resources Administrative Organization (HRAO) to which we become an extension of your company and provide you exceptional strategic HR support in all HR functions. In our article How To Leave A PEO, we go into more detail about the steps we help you take to ensure the transition out of your PEO is as easy as possible.
- Understand your PEO contract
- Select an HR expert for support
- Data collection
- Employee paperwork completion
- Payroll set-up
- Benefits & insurance
- Ensure compliance
- HR policy & administration implementation
Flex HR may be just what you need, when you need it!
Flex HR customizes plans for each client, letting you choose as many or as few services as you need, depending on your business. Reach out for more info today! 770-814-4225 or 877-735-3947 (1-877-7-FlexHR)
Contact us now to get the solutions to maximize your HR needs today!