When looking to Human Resources Outsourcing, most companies have two options; PEO or HRO.

What is a Professional Employer Organizer or PEO?

A PEO, is a company that has bundled services that are provided for an organization. Services may include benefits, payroll, workers’ compensation, recruiting, and general administration. When a company works with a PEO in Honolulu, the PEO hires the employees and becomes the employer on record for tax purposes, forming a co-employment situation.

What is Human Resources Outsourcing or HRO?

HRO is an independent company that provides part or all of a business’s Human Resources needs. Each HRO company may provide different types of packages and services; covering basic needs or offering detailed and strategic Human Resources service plan.

Is important for a company looking for assistance in the Human Resources department to research several Human Resources Outsourcing companies and their packages before making a final selection.

HRO vs PEO

A Human Resources Outsourcing company generally provides the advantage of being flexible, allowing business owners to choose which services will be outsourced. A PEO normally takes care of all Human Resources functions, which may be an advantage or a disadvantage depending on the type of business.

But which one is right for my business?

If a business is small or just starting, it may benefit from working with a PEO, because the PEO can save the business time and effort while making sure that the entire Human Resources functions are handled on time.

In the other side, bigger companies will benefit from working with a Human Resources Outsourcing firm. This will allow the companies to completely retain its process while receiving assistance with the Human Resources activities.

Is your business looking to outsource its Human Resources services?

TalentHR Solutions is a Human Resources Outsourcing firm located in Honolulu Hawaii that provides a wide range of Outsourced Human Resources services for mid-size and enterprise companies, for more information give us a call now to (808) 354-0498 or visit www.talenthrsolutions.com