As a business owner, your daily tasks are many, and sometimes completing them in their entirety proves impossible in a mere 24-hour day. Thankfully, by employing a Professional Employer Organization (PEO), you can delegate some of these arduous tasks associated with running your business. You’ll be able to keep your attention on tasks you alone are uniquely qualified to accomplish. Remember, part of being a good leader is understanding the importance of delegation to other skilled professionals. Below are 4 time-consuming tasks that can be handled by a PEO, which will save you a lot of time and energy.
Understandably, your employees want to paychecks. Unfortunately, payroll is a painstaking task and isn’t always an easy or quick process. Hiring a PEO allows you to outsource your payroll process. Let them file federal and state employee taxes, issue employee W-2s at the end of the year, give your employees access to tax information, provide direct deposit for your employees (no additional cost), and more. Consolidated Personnel Services handles payroll administration on a week in and week out basis.
Workers’ compensation issues can get complicated. Thankfully, a PEO can help you handle this sometimes confusing and always time-consuming issue. Consolidated Personnel Services can administer SCIP or OCIP, ensuring you don’t pay too much for your workers’ compensation premiums. Also, we assign proper class codes and audits, update code on policies when needed, and increase workers’ compensation limits for worker’s coverage when desired. We handle it all when it comes to workers’ compensation, which is a massive load off of any business regardless of size.
Hiring a PEO will instantly take all the benefits-related tasks off your plate as a business owner. Consolidated Personnel Services can handle all the filing, reporting, liability, compliance, and administrative issues for you. In other words, we will ensure your comprehensive healthcare, dental plans, and life insurance meet your employee’s specific needs. We also offer direct deposit on many occasions, providing the benefit aspect of your company runs as smoothly as possible.
Human resources is a job all on its own. As a busy professional, you don’t have the time to devote to these tasks. Hiring a PEO will free up your time by taking various human resource tasks off your plate. For example, Consolidated Personnel Services can create job descriptions, customized employee handbooks, and assist with policy/procedure development.
Consolidated Personnel Services can save you time by taking these time-consuming jobs off your plate, allowing you to focus your energy on your business. Since 1993 we have consistently provided a wide variety of services, saving businesses owners time and money by ensuring payroll, benefits issues, human resource responsibilities, and workers’ compensation tasks are completed on time and according to state and federal laws.