PEO and Employee Payroll Processing

Outsourcing payroll responsibilities is the most practical way of streamlining business processes and channeling all resources towards increasing productivity.

Tulsa,, OK (prHWY.com) December 2, 2010 - Human resource responsibilities of companies are usually outsourced to a PEO (Professional Employer Organization). Employee payroll processing is one of the major HR responsibilities businesses have to deal with. This resource consuming task is important for businesses to perform, but still something which distracts them from their core tasks that directly contribute towards profit generation. Outsourcing payroll responsibilities is the most practical way of streamlining business processes and channeling all resources towards increasing productivity.

The elaborate tasks involved in employee payroll processing can all be handled by a PEO efficiently. The services are offered in line with the needs and objectives of the business. In general, the responsibilities involved include:

* Payroll preparation and delivery
* Payroll taxes and filing
* Assumption of liabilities and responsibility for payroll taxes, reporting and audits
* Filing of quarterly reports - FICA, FUTA, SUTA
* Federal payroll summaries
* FICA, FIT & SIT tax withholdings
* Updating employee files
* Audits
* Job cost accounting reports
* Production and delivery of W-2s
* 941 and 940 reporting
* Garnishments
* New hire reporting
* Wage/hour law compliance

Apart from employee payroll processing, PEOs offer the entire range of human resource outsourcing services including recruitment and selection of staff, employee benefits administration, Workers' Compensation administration, risk management, regulatory and government compliance, employer liability management, and more. With these comprehensive services, all aspects of managing your employees, right from their recruitment throughout their term in office are taken care of in a cost-effective and efficient manner, in line with the short term and long term objectives of your business.



http://www.peoservicescompany.com

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Tag Words: peo tulsa, peo oklahoma

Categories: Business

Press Release Contact
Kruse PEO
4608 S. Garnett, Suite 400
Tulsa, OK 74146
Toll Free: (800) 258-1036

http://www.peoservicescompany.com

peoservicescompany@gmail.com

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