What is a PEO?
A Professional Employer Organization (PEO) provides comprehensive human resources and administrative solutions to small and medium-sized businesses that could not acquire them on their own. The PEO outsourcing arrangement is best characterised by its co-employment setup where the employees are employed by both the client company and the PEO.
How PEO’s work
In this delivery model, the PEO does not need to supply the workforce, the client can if it so chooses. The client company has total control of all the business decisions, as well as the management of operations and the employee’s daily tasks and activities.
Eastvantage provides flexible solutions to fit your outsourcing needs to the Philippines. If the co-employment arrangement is what you need, then our Professional Employer Services is the agile solution that we recommend you look into.
Examples of PEO responsibilities
With the client handling the core operations, functions, and workforce, Eastvantage assumes the management of the services and benefits to the workforce - making us the co-employer that is responsible for:
- Human Resources
- Payroll Processing
- Employee Benefits and Retention
- Payroll Taxes
- Workers compensation coverage
- Employer of Record tasks
Benefits of PEO
Turning over HR management and administrative tasks to PEO providers allows clients to cut their HR expenses and administrative costs. Covering compliance with employment laws also removes the need for the clients to directly deal with the usually expensive and time-consuming processes.
Our PEO arrangement also covers everything we offer under our Employer of Record (EOR) delivery model, with the added responsibilities of human resource and recruitment. With Professional Employer Organization, you can allow your company to focus more on faster growth, higher revenue, and less employee turnover.
Tailor-fit PEO solutions
Eastvantage’s PEO delivery model can help you with HR, staff leasing, and administrative needs. We can create a custom model and allocate employer responsibilities based on the PEO services that would best fit your requirements. Contact us and let’s talk about the best solutions for your company’s needs.