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payroll vs. PEO

professional employer organization

Payroll vs. PEO

(PEO)

The Professional Employer Organization (PEO) solution and Payroll solution both enable employers to cost-effectively outsource the administration of payroll, human resources, employee benefits, and workers’ compensation.

Payroll Solutions:

The KeyHR Payroll solution provides the same level of dedicated support the PEO solution does to manage the responsibilities on your behalf but does so without creating a co-employment relationship.

The Payroll services include:

  • Payroll Processing
  • Wage Garnishments, Tax Liens & All Other Required Deductions
  • W-2, and Federal / State / Local Required Tax Deposits & Form Filings
  • Tax Calculations

PEO Solutions:

The KeyHR PEO solution creates a co-employment relationship, whereas KeyHR as your PEO, assumes some responsibilities related to employer risks and responsibilities.

The PEO services include:

Payroll

  • Payroll Processing
  • Wage Garnishments, Tax Liens & All Other Required Deductions
  • W-2, and Federal / State / Local Required Tax Deposits & Form Filings
  • Tax Calculations

Benefits

  • Major Medical Health Benefit Plan
  • Dental Care
  • Prescription Card
  • Disability Insurance
  • Vision Care
  • Life Insurance
  • Section 125 Tax Plan
  • 401(k) Retirement Plan
  • Administration of All Employee Benefits Package

Workers’ Compensation
Let us help you eliminate surcharges, premium deposits, audits, modifiers and sometimes down payment & lower overall workers’ compensation cost in all facets of coverage.

Human Resources
KeyHR provides continuous updates to maintain compliance with applicable state and federal employment laws, regulations, ordinances, directives and rules.

Risk Management
Let our professional, experienced Risk Management Directors and Managers lower the true cost associated with risk.