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PEO vs PSP – Info For Your Nonprofit Organization

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Sheila and Ericka share valuable information that will help you in the Human Resources aspect of your nonprofit organization startup and growth. This information is helpful for for-profit businesses, as well.

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In this Just Us episode, Sheila and Ericka discuss PEOs – Professional Employer Organization, and how they differ from a PSP – Payroll Service Provider.

Depending on what Human Resources service you need, will determine which type of business you decide to use.

Human Resources is a part of your nonprofit organization that must be set up properly from the day you begin paying your employees and/ or contractors.

If you are not a Human Resources professional, You don’t want to take a crash course in your state’s Workman’s Compensation, Unemployment Insurance and whatever else you are responsible for… Ugh!

We urge you to take time out of your busy schedule to research PEOs and PSPs to find out which one you need to work with. Then, learn which of the two types will serve your needs best.

Remember to do your due diligence because you will co-employers, and they will be responsible for paying your employment taxes and other financial obligations.

Just Works is the PEO mentioned in this episode. Ericka decided to use them, if they can provide the Workman’s Compensation, required by Georgia.

Sheila and Ericka will share information on this, and other nonprofit business topics, as they learn about them.

Do you have any information you could share with our listeners? Do you have questions or comments for Sheila or Ericka? Please write them in the comments section below. Thank you!

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