While employers strive to recruit outstanding employees, the workforce wants exceptional benefits. However, it’s hard to compete with the benefits the leading companies offer, as great benefits often come with hefty costs. Additionally, there are management and compliance issues. So, how do you experience the superior benefits at a manageable cost? The solution lies in partnering with PEO or Professional Employer Organization in Georgia.
Let’s explore Professional Employer Organization and how it works for the state of Georgia.
Professional Employer Organization (PEO) – What Is It?
Also called an employee leasing company, a professional employer organization is a specialized human resources company that small companies partner with to take over specific administrative tasks. These tasks include taxes, payroll management, and employee benefits.
The PEO becomes a co-employer through a co-employment arrangement that enables it to combine employees from different companies. This arrangement offers several benefits to client companies, including streamlined paperwork, reduced costs, enhanced efficiency, and improved healthcare, retirement, and worker’s compensation packages for employees.
How Does PEO Work In Georgia?
PEO operates through a co-employment arrangement with client companies in which the roles are divided between the PEO and the business owner.
Business Owner’s Role
- As a business owner, you will have the ultimate authority over your employees. In addition, you have complete control over determining employee responsibilities and overall management. The business owner has the executive power, and the PEO follows the lead.
PEO’s Role
- As your partner, PEO does the work and assumes specific employer tasks, including tax withholding, managing payroll processes, etc. Additionally, PEO also has the authority to resolve issues on your behalf. These include workers’ compensation claims, discrimination claims, unemployment claims, and more. Partnering with a PEO can also help lower employee turnover by offering valuable support.
How Can A Professional Employer Organization In Georgia Benefit Your Business?
PEO in Georgia provides the following valuable services for your business:
Helps you access better benefits packages at lower prices, including dental, vision, medical care, retirement plans, etc.
PEO will handle your Affordable Care Act (ACA) requirements while ensuring full compliance.
Provides your workers with electronic W2s, direct deposit, digital pay stubs, quick reports, and excellent customer service.
At a reduced cost, PEO manages various claims, such as workers’ compensation and wrongful termination.
Take your business to new heights with PEO Services in Georgia. Contact ACI Insurance for efficient administrative services, employee benefits, HR expertise, payroll management, and more. Our office is located in Haverlake Circle, Apopka, Florida. Call us at 407-272-1976 for more information.