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Professional Employer Organization (PEO)
PEO stands for Professional Employer Organization. This is where Innovative Employer Solutions enters into a relationship with our clients, where their employees also become employees of Innovative in a shared responsibility under a co-employment agreement. Innovative becomes the employer of record for payroll, workers’ compensation, and employment taxes, while the client retains responsibility for direct control and supervision over the employees at the workplace.

Under a PEO arrangement, payroll taxes are filed under the tax identification numbers of Innovative and we become responsible and liable for the payment of wages and for compliance with all rules and regulations regarding the reporting of employment related federal and state taxes. Working together, Innovative and our clients achieve a safer workplace, streamline HR processes, spread out some of the risk, and ensure compliance with all local, state, and federal regulations.

In addition to assuming some of the responsibilities and liabilities present in every business, we include the following service under our PEO model:

  • Payroll Services
  • Payroll Tax Administration
  • Benefits Administration
  • Retirement Plan Services
  • Human Resources
  • Workers’ Compensation
  • Online Services

PEOASOPAYROLLHUMAN RESOURCESWORKERS’ COMPINSURANCE401kONLINE SERVICESTIME SYSTEMS

Innovative Employer Solutions © Copyright 2015 • 2836 5th Avenue North, St. Petersburg, Florida 33713
(800) 909-9098 • (727) 323-7979 • Fax (727) 323-7999