Premier Employee Services, Inc.
Premier Employer Services, based in Englewood, Colorado, is a comprehensive, off-site human resource administrative that services businesses with 5 to 500 employees. Our clients have at their fingertips a complete human resource department comparable to those of the largest companies in the country, including a complete benefits department, a complete payroll department and complete compliance/risk department. All of our accomplished are certified by national accreditation boards in their respective fields. Our payroll people have the Certified Payroll (CPP) certification; the HR team has either the Professional in Human Resources (PHR) or Senior Professional in Human Resources (SPHR) certification; and we have a Certified Public Accountant (CPA) at the head of our accounting department. When you contact Premier Employer Services with an employment related question you don’t just get an answer – you get the right answer. All of our professionals stay abreast of the ever-changing laws governing employer-employee relations so you are confident that they are guiding you in the most current and up-to-date aspects of employment laws.
What is a Professional Employer Organization?
Professional employer organizations (PEOs) enable clients to cost-effectively outsource the management of human resources, employee benefits, payroll and workers’ compensation. PEO clients focus on their core competencies to maintain and grow their bottom line.
Businesses today need help managing increasingly complex employee related matters such as health benefits, workers’ compensation claims, payroll, payroll tax compliance, and unemployment insurance claims. They contract with a PEO to assume these responsibilities and provide expertise in human resources management. This allows the PEO client to concentrate on the operational and revenue-producing side of its operations.
A PEO provides integrated services to effectively manage critical human resource responsibilities and employer risks for clients. A PEO delivers these services by establishing and maintaining an employer relationship with the employees at the client’s worksite and by contractually assuming certain employer rights, responsibilities, and risk.
Businesses across America have discovered the incredible value of PEOs because they provide:
- Relief from the burden of employment
- A wide range of personnel management solutions through a team of
- Improved employment practices, compliance and risk management to reduce
- Access to a comprehensive employee benefits package, allowing clients to be competitive in the labor
- Assistance to improve productivity and profitability
How does a PEO arrangement work?
Once a client company contracts with a PEO, the PEO will then co-employ the client’s worksite employees. In the arrangement among a PEO, a worksite employee and a client company, there exists a co-employment relationship in which both the PEO and client company have an employment relationship with the worker. The PEO and client company share and allocate responsibilities and liabilities.
The PEO assumes much of the responsibility and liability for the business of employment, such as risk management, human resource management, and payroll and employee tax compliance. The client company retains responsibility for and manages product development and production, business operations, marketing, sales, and service. The PEO and the client will share certain responsibilities for employment law compliance. As a co-employer, the PEO will often provide a complete human resource and benefit package for worksite employees.