PEO Brokers Group
PEO Brokers Group presents you with solutions for today's and tomorrow's business challenges.
What we do:
We work for you. Just like your insurance broker, we are your PEO broker to find the best fit, the best “cost-effective” services for your business. PEO and ASO vendors are numerous. Our business is to find the best one for you.
What is a PEO?
PEO’s are Professional Employer Organizations. What does that mean to you? They enable client to find cost effective outsourcing solutions in the areas of Human Resources, Employee Benefits, Payroll and Worker’s Compensation.
Because of the complexity of the human asset portion of business, Employers are seeking more and more help. They require the latest information in Human Resource management, payroll and tax compliance, risk management and claim management, unemployment management assistance and more.
PEO’s enable businesses to let someone else do the back office administration, purchase the expensive payroll programs, software updates and manage the worker’s compensation risks, while businesses focus on their key services and goods. In other words, the “revenue generating” aspects of your business.
Taxes and Worker’s Compensation are handled under the PEO’s Federal ID and employees are under what is called a “co-employment” relationship.
ASO?
An Administrative Service Organization offers many of the same things that a PEO does with a few changes. There is no “co-employment” relationship and all taxes and worker’s compensation are reported under the Employer’s Federal ID but all the administrative issues are handled by the ASO.
With few exceptions, the ASO still handles Human Resources, prints payroll and all payroll forms and handles the reporting of taxes for the Business owner.