Professional Employer Organization (PEO)
In addition to Employer of Record, businesses can now outsource their total hr & payroll function to DNA EOR.
The Difference between EOR and PEO?
The EOR is the legal employer whereas with a Professional Employer Organization (PEO), the client remains the legal employer but outsources the entire Payroll and HR function to the PEO.
PEO services include:
The EOR is the legal employer whereas with a Professional Employer Organization (PEO), the client remains the legal employer but outsources the entire Payroll and HR function to the PEO.
- 1. On-boarding and induction processes
- 2. Terminations and exit interviews
- 3. Performance Management processes
- 4. Handling all labour related incidents
- 5. Salary increases and benchmarking
- 6. Filing of Tax returns
- 7. Collecting and collating payroll input from all stakeholders
- 8. Liaising with senior management with regards to payroll decisions
- 9. Attending to payroll queries from staff
- 10. Liaising with medical aids, pension, provident funds etc
- 11. Liaising with all Statutory bodies e.g. SARS, UIF, COIDA
- 12. Liaising with Finance in respect of payroll related reconciliations
- 13. Advising on best practise with regards to HR & payroll processes
- 14. Advising on optimal structuring of Employee Benefits
The Affordable Way
To Completely Outsource HR & Payroll
PEO services provide businesses an affordable way to completely outsource HR and payroll whilst not having to employ any full-time employees. It has proved to be a very cost-effective way of accessing professional HR and payroll skills at a fraction of the cost of an “in-house HR & Payroll Department”.