FAQs
Get the answers to some of our most frequently asked questions.
- What is a PEO?
- Why should I use a PEO?
- Who uses a PEO?
- How does a PEO partnership work?
- Why should I choose MidwestHR as my PEO?
- What sets MidwestHR apart from its competitors?
- What control will I give up by working with MidwestHR?
- Will my employees like working with MidwestHR?
A Professional Employer Organization (PEO) provides an integrated and cost effective approach to the administration of human resources and other employee-related duties. This may include managing payroll, employee benefits, workers’ compensation and more while offering enhanced expertise in local, state and federal regulations that can impact these matters.
A PEO streamlines the HR functions of businesses by taking care of non-productive administrative work. This allows companies to limit their non-income generating duties and focus more of their time on building profits. A PEO can also offer your company enhanced group health insurance plans and employee benefits – both of which can attract and retain the best people.
Many types of businesses use PEOs from physician offices and IT consulting firms to printing companies and manufactures. Companies usually range from 10 to 200 employees, with an average close to 20.
How does a PEO partnership work?
PEOs and businesses partner in a co-employment agreement where they share the duties and liabilities of human resource and administrative tasks. The PEO assumes responsibility for payroll, tax administration, risk management, worker’s compensation and legal compliance. The business maintains control of its day-to-day operations, establishing pay rates, the hiring and terminating of employees and more.
Why should I choose MidwestHR as my PEO?
MidwestHR is one of the leading PEOs in the Midwest, providing administrative and benefit outsourcing to clients since 1997. Our tenured and knowledgeable staff is always on call offering the most dependable services in the industry. And with literally hundreds of satisfied clients, our track record speaks for itself. MidwestHR is also a long-standing member of the National Association of Professional Employer Organizations (NAPEO).
What sets MidwestHR apart from its competitors?
One word: flexibility. Many PEOs bundle all their services together at one fixed rate. But MidwestHR lets you customize a solution that fits your business goals. We let our clients choose and pay for only the services they need. It’s an “a la carte” approach that’s also much more affordable.
What control will I give up by working with MidwestHR?
None. Many companies actually feel like they gain control by working with us. That’s because we put business owners and their team members back in charge of their own time and energy. With us handling your HR functions, there’s no more wasting time on paperwork and non-core activities. Instead, you’re totally dedicated to your business strategy and the areas where you can yield the
highest rewards.
Will my employees like working with MidwestHR?
Absolutely. Not only will they have more time to focus on business at hand, they typically will have more health insurance options. MidwestHR gives you the buying power of a larger corporation, so there are more opportunities to find a comprehensive plan that fits your needs and budget. Employees also get access to Fortune 500 benefits such as, dental, vision, life, short and long term
disability and 401k plans.
