ADP, Paychex, Co-Advantage, Tri-net – the way a PEO (Professional Employer Organization) service works, is when one company becomes the employer of record for your employees and will handle payroll, filings and provide human resource support.
The right NYC PEO service provider will have important responsibilities. When taking on responsibilities as the official employer of your staff, your PEO service will tend to matters like payroll and human resources, and they can become the supplier of benefits like 401(k) plans and insurance packages. Our experts can help you understand the differences between different providers, and determine what responsibilities you can hand over in order to focus on your core business demands. In a successful arrangement, PEO service providers help small businesses see meaningful growth, and they can protect companies from liabilities that they might face if employee matters are mishandled.