Professional employer organizations (PEOs) provide comprehensive HR management solutions including payroll services for businesses. What Are the Payroll Services Offered by PEOs? These services include paychecks and stubs, direct deposit to multiple bank accounts, payroll delivery, payroll deductions, garnishments and levies, flexible spending accounts, federal and state payroll tax deposits and returns, FICA, FIT & SIT tax withholdings, job cost accounting reports, cost allocation reports, filing of quarterly reports – FICA, FUTA, SUTA, new hire reporting, federal payroll summaries, production and delivery of W-2s, wage/hour law compliance, management of paid leave program, comprehensive payroll service australia deductions, vacation & sick time accruals, and department summary.
Customized Services Just Right for Your Organizations
Payroll services for businesses are only one aspect of the human resource outsourcing solutions provided by PEOs. They enable companies to focus on their core responsibilities, their revenue generating tasks, while the workforce is managed in the most efficient and cost-effective manner by the PEO. PEO services are flexible and adaptable according to the needs of the client company. Whether the company is a multinational concern or a small or medium-sized firm, the PEO can offer economical HR management solutions for it.
Cut Costs and Increase Productivity and Earnings with Professional PEO Services
Client companies can opt to hand over all the HR management responsibilities to a PEO, or outsource part of the tasks such as recruiting and selection, payroll or benefits administration. This is the right way ahead for companies looking to cut costs and increase productivity and earnings. This is how organizations ensure their human resource responsibilities are handled in the most professional manner. With payroll services for businesses, companies can save time and resources processing payroll, all that can be spent on the revenue generating tasks.