PEO
Administrative Functions of a Human Resources Department
What is a PEO?
PEO stands for Professional Employer Organization. A Professional Employer Organization (PEO) assumes the administrative functions of a human resources department and assists businesses with managing complex employment tasks such as employee benefits, payroll administration and tax processing, risk management, workers’ compensation and ACA regulations. PEO companies provide the following services: Payroll Administration, Employee Benefits, Human Resource and Compliance, Risk Management and Workers’ Compensation Management, as well as many other services.
These services and business solutions are provided through pooling together thousands of employees which enable the PEO company to negotiate comprehensive benefits at attractive rates, as well as reduce employee related liability and risk.
How does this work?
This works through a “co-employment” relationship. Co-employment is a relationship wherein the PEO Company acts as the Administrative employer, and the client acts as the Worksite employer. This relationship is based on a true partnership. The PEO Company becomes the “employer of record” for employment and benefit purposes, thereby assuming many of the responsibilities and liabilities for the client company.
By creating the “co-employment” relationship the clients employees are pooled with the PEO’s current employees to give them large group buying power. The PEO would handle payroll, taxes and unemployment administration, human resources compliance as well as compliance with the Affordable Healthcare Act regulations. This tremendous benefit greatly reduces the work associated with the transactional HR function and allows them focus on profit generating areas of their business.
Benefits
Provide employees access to high-quality, comprehensive benefits.
Outsource HR
Minimize administrative HR tasks. Gain HR support without increasing headcount
Regulations Administration
Minimize risk and stay on top of regulations
Economy of Scale
In many cases the PEO can provide economy of scale as your employees are bundled into a much larger group. You might see the benefits of the larger groups buying power for your smaller group of employees.
From the Founder’s Desk
James Thompson
Welcome to Infinity Studio! I’m thrilled to share a bit about our journey and the passion that drives our work. When I founded Infinity Studio, my vision was simple: to create a space where creativity and technology intersect to craft extraordinary digital experiences
At Infinity Studio, we believe in the power of collaboration and the magic that happens when diverse talents come together with a shared purpose. Whether you’re a startup looking to make your mark or an established enterprise seeking to innovate, we’re here to help you realize your digital potential.