PEO
PEO (Professional Employer Organization)
PEO service involves outsourcing certain workforce management tasks
to external organizations.
PEO typically handle advanced tasks such as
HR management, payroll processing, tax management, insurance,
and benefit provision, allowing companies to enter into PEO agreements.
Advantages of PEO
- Expertise in Workforce Management : Possesses specialized knowledge and experience in workforce management.
- Time and Cost Savings : Assists companies in delegating complex workforce-related tasks, leading to time and cost savings.
- Insurance and Benefits Provision : Provides various benefits to employees employed worldwide. This can enhance employee satisfaction and assist in talent retention and recruitment.
- Ensured Legal Compliance : Ensures compliance with legal requirements and regulations in each country. Supports compliance with complex legal regulations and monitors relevant legal changes to help businesses operate legally.
- Utilization of Specialized Workforce : Allows companies to access specialized workforce. Possesses teams with expertise in HR management, payroll processing, legal consulting, and more.
PEO Process
Requirements and Work Discussion
Discuss services, pricing, requirements, and scope of work before entering into a contract.
Employee Information Submission
Company provides employee information to Blueback Global.
Employee Registration and Benefits Provision
After employee registration, provide HR and benefits administration for employees on behalf of the company.
Work Initiation
Handles day-to-day HR management tasks, allowing companies to focus on core business activities.