What is a PEO Payroll?
When a business hires a PEO for payroll, the PEO becomes a co-employer and assumes the responsibility of managing the client’s payroll administration and employee taxes by using its own tax identification numbers, rather than the client’s. The PEO is generally responsible for payroll-related tasks, including paying wages, depositing employment taxes and issuing employee W-2s. PEO payroll helps administer payments…
The “Meals from the Heart” Brunch/Dinner Program
PrestigePEO was able to participate in the “Meals from the Heart” Brunch/Dinner program at the Ronald McDonald house in New Hyde Park . This program provides the opportunity for businesses and individuals to plan and prepare a dinner for their residents and families who current receiving treatment from the local children’s hospital. We had nine volunteers from Prestige prepare a…
Recession: What If?
By Andrew Lubash Recession: It is a word we keep hearing. Is one coming? The so-called pundits cannot seem to agree. If a recession does occur, how can a PEO plan for what comes next? The first question is, what actions may businesses take when a recession occurs? Employers lay off employees. More will have to be done by fewer people.…
HR & Compliance: Value Drivers
By Andrew Lubash Human resources and compliance are PEO core values. When I meet with a potential client, I first learn about why the business owner agreed to a meeting with a PEO. Not too long ago, the primary topic that drove the meeting was employee benefits. Today, human resources and compliance are equal drivers. The role of human resources…
NAPEO’s Strategic Plan
By Andrew Lubash The shortest distance between two points is a straight line. The shortest distance to organizational success is a sound and well-executed strategic plan. Periodically, the NAPEO Board of Directors and NAPEO staff create/update NAPEO’s strategic plan. The following is a snapshot of our five-goal strategic plan for 2019-2022. GOAL 1 Strengthen the PEO brand identity to increase…
The Exponential Value of Marketing
By Andrew Lubash I have been warned that the hardest part of serving as NAPEO chair is writing the monthly column for PEO Insider.®I lucked out, as my first topic is one that I am extremely passionate about: branding and marketing. How many of us have been asked this question: What do you do for a living? “I work for/own a…
HIA-LI Business Achievement Awards Finalist
Prestige Employee Administrators, is pleased to announce that it has been selected as a small business finalist in the HIA-LI 25TH Annual Business Achievement Awards. “Prestige Employee Administrators is honored to be among the finalists in the Small Business Category of the HIA-LI Business Achievement Awards,” said Eric Foodim, Chief Operating Officer of Prestige Employee Administrators. “For more than…
Prestige Celebrates Two Decades of World Class Service
20 Year Anniversary Highlights The Way Growing Businesses Benefit from Professional Employer Organizations (PEO’s) Melville, NY, January 29, 2018 – For the past 20 years, small to medium sized businesses have come to realize that they can be more successful by focusing their resources on the core value they provide their customers and not by duplicating every expensive business…
PRESTIGE CELEBRATES DECADE AND A HALF SERVING GROWING LONG ISLAND BUSINESSES
15 Year Anniversary Highlights The Way Growing Businesses Benefit from Outsourced Human Resources Services Melville, NY, August 8, 2013 – Over the past 15 years, small to medium sized businesses have come to realize that they can be more successful by focusing their resources on the core value they provide their customers and not by duplicating every expensive business…