subject: PEO Payroll Processing Services [print this page] PEO payroll processing services include managing payroll, tax filing, and all the related responsibilities. In detail, payroll administration solutions offered by a PEO are generally concerned with:
Paychecks and stubs
Direct deposit to multiple bank accounts
Payroll delivery
Payroll checks drawn on the PEO's account
Section 125 pre-tax administration
Payroll deductions, garnishments and levies
Flexible spending accounts
Federal and State payroll tax deposits and returns
FICA, FIT & SIT tax withholdings
Customized reports
Job cost accounting reports
Cost allocation reports
Filing of FICA, FUTA, SUTA reports
New hire reporting
Federal payroll summaries
Production and delivery of W-2s
Wage/hour law compliance
Paid leave program
Comprehensive payroll deductions
Vacation & sick time accruals
Department summary
Multiple worksites
Comprehensive and Flexible Solutions
These comprehensive payroll management solutions are customized according to the individual needs of client organizations. The services are economical, enabling even small and medium-sized concerns to outsource them in order to ensure their resources are focused on the core responsibilities that directly contribute to their increased performance and earnings. PEO payroll processing services are provided by the experienced professionals at the PEO who can understand the needs and offer the solution that is most profitable to their client organizations.
Payroll services are only one ingredient of the wide range of solutions provided by PEOs that span the entire spectrum of HR management. Again, these are flexible and in line with the needs of the organization, making them affordable. However, companies can choose whether they would prefer outsourcing payroll administration alone or other HR management responsibilities to the PEO as well.
PEO payroll processing enables client companies to put all their effort behind their business objectives, and ensure sustainability through increased earnings with lesser operational costs. The PEO also serves as a vital partner in directing the company, through innovative solutions, to achieving its goals.
