December 21, 2007

Professional Employer Organization HR Services & Back-Office Support

Offshore Professional Employer Organization "Provider" HR Services & Back-Office Support

Overview
The concept behind a Professional Employer "Provider" Organization is co-employment, where two employers, the business and the "Provider" co-employ the individuals who work for the business. The "Provider" typically handles the administration side of employment, providing paperwork, establishing and maintaining employee files, processing payroll, filing payroll taxes, developing employee handbooks, benefit administration, workers compensation management, compliance assistance and human resource support. A "Provider" serves as an offshore HR department.

Client's Challenges
- Handling lot of paperwork
- TAX
- Managing peak load

CIS’s Back-Office Services Provides
New hires - Going through all the paperwork including forms like I9, employee undertakings etc to determine if everything is in order or to locate missing information to be taken from the employee
- Setting up new employees in Accounting (payroll and Attendance software)
- Help in payroll processing services during the pay days
- Do benefit reconciliation
- Enter invoices in the Attendance module of Accounting and do the reconciliation

Impact on Client’s Business
- Staff and related expenses cut significantly
- Faster Processing
- Seasonal load managed well
- Access to best offshore skills in low cost then western payouts while highest offshore payout like in India.
- Best employee satisfaction in retentions

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1 Comments:

At February 5, 2008 6:54 PM , Anonymous Anonymous said...

There are some good articles on PEOinfo.com on what a PEO can do for a business. It seems that HR outsourcing and employee leasing can really make sense for a lot of businesses.

 

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