If you have a small or medium sized business you may not have a human resources department. However, you still have the same needs as larger companies. One way to perform important tasks is through outsourcing. Your company will get their needs met including risk management in the tri-state area. Risk management services are provided by a Professional Employer Organization (PEO). In this arrangement, employees may work directly for the PEO while assigned to your company. This can effectively reduce the risks of your company.
Professional Employer Organization
A PEO performs many tasks and takes on many responsibilities of the company. Your company partners with a PEO to provide employees with benefits, payroll processing, taxes, risk management and other human resource functions. As a business owner, your company is responsible for the management of your day-to-day operations such as the supervision of employees.
Your company contracts with the PEO to handle these functions. The use of a PEO often helps companies provide better benefits packages to employees. This includes better insurance rates. The PEO helps small to medium sized companies so they can continue to focus on their business needs.
The PEO takes over the administrative burdens of the company. Often, smaller companies do not have a person designated for this position and therefore it is best to hire a company to handle these tasks. Your PEO will provide employees with the benefits they need and will therefore take the burden off of you in regards to these functions, including risk management in the tri-state area.
How a PEO Can Assist Your Company
PEO’s have a high level of experience working with companies and their employees. They can handle a great many different tasks such as benefits, payroll, taxes, compliance issues, workers’ compensation and risk management in the tri-state area.
When you partner with a PEO you can rest assured that the various tasks will be completed efficiently and on time. A PEO can actually be a cost-effective way to provide benefits to your employees while also improving the efficiency of your administrative functions. These important tasks will be left to a professional with expertise in the areas of need.
When you are ready to work with a PEO you can generally find one through a broker. In fact, it can be difficult and time consuming to try to choose one on your own. PEO’s are usually known to brokers and therefore it is relatively easy to match a company to a PEO that will handle all of their requirements. At Seto Corp we have relationships with a great many companies that allows us the ability to find the services you need. Our team is here to assist you in getting the benefits, insurance and other human resources tasks that have to be completed.
There are many benefits to working with a PEO and at Seto Corp we are dedicated to helping our clients achieve their goals, including risk management in the tri-state area. Contact Seto Corp today to learn how we can help with your business needs.