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Fast-growing PEOs crucial for small businesses

Tuesday September 02, 2008

Fast-growing PEOs crucial for small businesses

In the human resources industry, professional employer organizations (PEOs) are relatively new, but their value and popularity has grown remarkably over the past 20 years, making them a key component to the success of a small or mid-sized company.

The origin of PEOs goes back to the early 1970s when a consultant named Martin Selter leased the employees of a doctor’s office in Southern California. Slowly the trend built and by 1985 there were approximately 275 staff leasing companies in the United States.

Payroll Issues - Knowing When to Ask For Help

Saturday August 30, 2008

A company’s largest asset is generally the people who work for it and as such, payroll is often its greatest expense. Payroll must be done timely and accurately to avoid penalties and worker dissatisfaction. However, payroll processing is complex, involving more than 100 U.S. Department of Labor regulations and several evolving state and federal tax rules.

“It’s very complicated,” said Bill Rosado, founder and owner of Managed Pay, a Las Vegas-based professional employer organization (PEO) that provides payroll and professional employer services.

It is always advantageous to business owners and executives to know about existing issues, recent legislation, common mistakes and current trends pertaining to payroll practices. Exploring them seems appropriate in light of the National Payroll Week (September 1st through the 5th).

Trillium + Human Capital = A Perfect Match

Friday August 29, 2008

Trillium Staffing and its affiliates purchase Human Capital LLC, located in Detroit, Michigan.

Trillium Staffing and its affiliates are pleased to announce the recent acquisition of Human Capital, a leading provider of PEO services in the United States, into its family of companies. Human Capital is headquartered in Lathrup Village, Michigan, a northern suburb of Detroit, and maintains 250 customers in 30 states and employs approximately 5,000 worksite employees.

KilaKila Employer Services awarded

Wednesday August 27, 2008

Pacific Business News named KilaKila Employer Services as one of Hawai‘i’s fastest growing companies at its “Fastest 50” luncheon at O‘ahu’s Halekulani Hotel on Thursday, Aug. 14. KilaKila President Carole Kooy accepted the award as the organization (located both on Maui and Oahu) was ranked 49th on the Pacific Business News’ list. KilaKila is a Professional Employer Organization (PEO) that specializes in managing employment risks and responsibilities. KilaKila assists with payroll, taxes, compensation, insurance, claims and risk management through a co-employment system. For more information, please call the main office located in Pukalani at (808) 573-2244.

What does PEO stand for?

Tuesday August 26, 2008

What does PEO stand for? 

I’m not sure where the term PEO came from, but from it defines our industry as Professional Employer Organizations.  You will hear PEO, HRO, (Human Resource Outsourcing), ASO (Administrative Service Outsourcing), Administrative Employment and More.

You can find out more about the industry on this site www.peo.com, at our industry association sites at either www.napeo.org, or www.coemployers.org.

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