FAQs

As a smaller business, you’ll have the opportunity to provide access to big-business benefits, like 401(k) plans, health, dental, life insurance, and other advantages not typically offered to employees of a small company. Plus, job security is better because the PEO implements smart tactics to lower employment costs. Job satisfaction and productivity also increase when you implement professional human resource services, like enhanced benefits, training, employee manuals, safety services and improved communications.

I want to know more.

A PEO (Professional Employer Organization) offers cost-effective, comprehensive human resource and human capital management services for small business clients. A PEO pays wages and taxes, handles benefits administration and typically assists with compliance for the many state and federal rules and regulations. On behalf of your business, the PEO offers employee benefits like 401(k) plans, health, dental and life insurance, dependent care, that many small businesses couldn’t afford to offer on their own. 

Partnering with a PEO makes good business sense. 

Learn more about ManagedPAY’s PEO services here.

Any company! As a business owner, you want and need to focus your time and energy on the “business of taking care of business” vs. the business of dealing with employment issues.” As your company grows, most owners don’t have the required payroll and accounting knowledge, human resource and human capital management know-how, regulatory compliance understanding, or experience in employee benefit and insurance programs, risk management, that meet the legal stresses of being an employer. 

PEOs give businesses access to many benefits and employment amenities they would not have otherwise. A PEO, like what ManagedPAY offers, provides comprehensive web-based HR technologies and expertise in HR management – benefitting businesses large and small. PEOs can join forces with companies of 500+ employees and work in unison with their current human resources department.  

PEO clients include a wide array of business and industries, including attorneys, financial services, accounting firms, property management, healthcare and doctors, show production, hospitality, construction, manufacturing, retailers, restaurants, trucking, mining, aviation, ranching, agriculture, high-tech companies, mechanics, engineers and more. 

Want to know more about ManagedPAY’s PEO offerings? Click here.

When a client contracts with a PEO, like what ManagedPAY offers, the PEO provides comprehensive human resource services for the client’s worksite employees. This involves a contractual allocation and sharing of employer responsibilities between the PEO and the client, based on the client service agreement (CSA). A PEO usually remits wages and withholdings for the employees, then reports, collects and deposits employment taxes with local, state and federal authorities. The PEO often provides a comprehensive human resource and benefit package for the worksite employees. The PEO issues the W-2 forms for the compensation paid by the PEO under its FEIN, too.  This allows the client company to retain responsibility for and management of business operations, marketing, sales and service – the things they do best. It’s basically a shared plan of action that is spelled out by the CSA.

When a client contracts with a PEO, like what ManagedPAY offers, the PEO provides comprehensive human resource services for the client’s worksite employees. This involves a contractual allocation and sharing of employer responsibilities between the PEO and the client, based on the client service agreement (CSA). A PEO usually remits wages and withholdings for the employees, then reports, collects and deposits employment taxes with local, state and federal authorities. The PEO often provides a comprehensive human resource and benefit package for the worksite employees. The PEO issues the W-2 forms for the compensation paid by the PEO under its FEIN, too.  This allows the client company to retain responsibility for and management of business operations, marketing, sales and service – the things they do best. It’s basically a shared plan of action that is spelled out by the CSA.

Learn more about PEO arrangements.

Simple. It’s economy of scale and leveraging big-company benefits when the PEO acts as the employer of record. It’s also the perfect combination of utilizing ManagedPAY professionals combined with the sleek automation of our isolved technology platform. This lowers employment costs and hiring overhead, provides better benefits, improves employee onboarding and performance, reduces the anxiety of recordkeeping and reporting, saves time and energy, reduces overhead of managing multiple benefits providers, and more – all while potentially increasing a company’s bottom line.  

In fact, you can choose to maintain a simple in-house Human Resources department (or not) by relying on the PEO. ManagedPAY’s PEO professionals can handle all the employment-related, day-to-day tasks and provide assistance with compliance, which helps protect against dreaded employment liability issues. 

Learn about the isolved platform.