Professional Employer Organization (PEO)

What is Software Folks PEO? A Professional Employer Organization (PEO) is a co-employer who focuses on handling diverse components of a company's IT staffing and hiring processes. In other words, a PEO is an offsite HR department for a company providing useful administrative services and access to quality employee benefits. Typically, a PEO involves a 3 -way relationship between an employee, his employer and the employer's PEO. A PEO arrangement leads to advantages of reduced liabilities and costs to an employer. For our clients - The relationship with a good PEO (Software Folks) provides significant HR administrative relief thereby enhancing internal efficiencies and providing advantages of scale. Our PEO clients maintain steady state operations without the liability of managing time-consuming and non-revenue generating activities. Better management of human resources leads to more motivated and satisfied employees and lower attrition rates for our clients     For the employee - Access to a more comprehensive benefits package creates the right value for the employee. Enhanced compliance to and structured personnel policies of their employers increases employee loyalty and productivity. Better management of human resources leads to more motivated and satisfied employees and lower attrition rates for our clients For Software Folks - Assumption of certain contractual employer rights, responsibilities and risks leads to a better working relationship and operating leverage between clients and PEO. Effective management of human resources and real world solutions lead to increased revenues and improved bottom lines for all in the relationship. Some of our administrative services include: Processing payroll Tax filings Developing employee handbooks Workers compensation Labor compliance Benefits administration

Services

• IT Consulting
• Software Products
• Application Development
• Service Business Model
• NAICS & SIC codes