Payroll and tax administration services are among the comprehensive services that PEOs (professional employer organizations) offer to client companies. PEOs provide comprehensive human resource management solutions. The other solutions offered within human resources management include human resources administration, employee benefits administration, employee compensation, risk management and support, legal and regulatory compliance, and recruitment and selection services.
A suite of payroll and tax management solutions
Within payroll and tax administration services, the solutions offered generally include payroll delivery, quarterly report filing (FICA, FUTA, SUTA), new hire reporting, federal payroll summaries, flexible expense accounts, labor expense reports, expense allocation reports, vacation and sick leave accruals , paid leave program administration, wage/hours law compliance, payroll deductions, W-2 production and delivery, and department summarization.
Comprehensive, affordable services for all types of organizations
These services are comprehensive, flexible and cost-effective. Extremely adaptable to the needs of client companies, PEOs are suitable for organizations of all sizes, from organizations with 25 employees to Fortune 500 corporations. Organizations also have the choice of either placing all of their HR outsourcing responsibilities in the experienced hands of a PEO, or outsourcing one or two of the responsibilities.
By hiring a PEO, companies enter into an extremely beneficial partnership with an organization made up of experts in the various disciplines of people management. When employees are taken care of, client companies can count on their full potential and focus on their core tasks, resulting in optimized business performance and the decisive competitive advantage. Outsourcing payroll and tax administration services is the way forward for businesses.