There are many factors you should consider when thinking about transitioning from a professional employer organization (PEO) model to a human capital management (HCM) system.
With a PEO, your employees are “leased” to the assigned organization, where the PEO becomes the employer of record, managing payroll, tax filings, and compensation claims.
In contrast, an HCM partner operates as a part of your HR team, so you still maintain full control over workforce policies, employee benefits, workforce data, and so much more. While leaving a PEO may seem daunting, following a few easy steps will help ensure a compliant, reliable foundation for a successful future.
Download our guide to get a step-by-step checklist on how to transition from a PEO to an HCM software.