SynchronyHR is a professional employer organization (PEO). A PEO acts as your offsite HR department and manages key employee-related functions such as:
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Payroll Administration
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Employee Benefits & Administration
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Human Resources Support & Compliance
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Workers’ Compensation & Risk Management
In addition, you can turn to our team for help with:
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Healthcare Reform Expertise
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Health and Wellness programs
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Continuing Education
By assuming these employer-related liabilities, the PEO becomes the “employer of record” for your employees, and you, the client, are the “worksite employer.” In this contractual arrangement – also known as co-employment, you maintain control over staff selection and day-to-day employee management.
You are also able to lower your risk. As a co-employer, we assume substantial employer responsibilities and risk through our Client Services Agreement. Specifically, we are contractually responsible for:
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Paying your employees’ wages and employment taxes.
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Reporting, collecting, and depositing your employment taxes with state and federal authorities.
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Maintaining federal and state employer compliance for you.