Managing HR for a Chain? How a PEO Can Make Life Easier for You

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HR management can be a lot to handle, even if everyone at your company works in the same building. But, if you manage HR for a chain, the challenges can be even bigger and more confusing and time consuming. This is where a professional employer organization (PEO) may be the solution you’ve been looking for.

A PEO can relieve you of any or all your talent management responsibilities, while you remain in control of major decisions and strategic direction. Your PEO becomes the employer of record for your workforce and as such, relieves you of the stress of handling things like employee benefits administration, compliance, taxes and tax reporting, and safety and risk management.

The Compliance Maze

It goes without saying that your company must remain legally compliant with each and every applicable employment law and regulation. The alternative to even one slip-up can be penalties, fines and/or damage to your employer brand and reputation. Compliance alone is a critical reason to have the experts you need on staff and ready to assist. If your in-house HR team doesn’t have this level of bandwidth, you can turn to a PEO.

  • PEO specialists know how to navigate the legal framework around employment. It’s all they do. In the United States, there are a multitude of not just federal, but also state and local, laws that may apply to your business.
  • Your PEO can also advise you and act upon the legal aspects of your hiring process. A few examples include variations in Ban the Box laws and specificities in cities like New York, which has barred employers from asking candidates questions about past salaries.
  • Another key area for accuracy is record keeping. How long do you need to keep employee information on file? Which records do you need to retain? Does your record keeping align with data and data security regulations? Your PEO team can provide the answers and handle the legwork for you.

PEOs and Payroll

Payroll parameters for chain employers can also be tricky to maneuver. For instance, various levels of government demand different tax withholdings. And there may be issues around overtime pay or minimum wage. Unless you’re vigilant about staying up to date with all the rules, collecting the right amounts and remitting them on the right schedule can be a nightmare. Payroll errors add up, and here again, the results can be penalties and additional expenses and headaches.

Tap Into a PEO’s Other Areas of Expertise

Additional areas where a PEO can provide you with HR management lifelines include benefits administration – thanks to your co-employment agreement, your PEO can provide access to benefits otherwise unaffordable or inaccessible to your company, and manage them for you – along with safety and risk management, and more. Compliance comes into play with all these functions, as does so much more. Teaming up with a PEO frees up your time to do what you do best: run your business – and feel confident that all your talent management matters are being handled effectively and in a timely manner.

To learn more about working with a PEO, contact Lyons HR today. Also, take a look at We are HR, a comprehensive guide to PEO partnerships authored by our founder and executive chairman, Bill Lyons.

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