Frequently Asked Questions
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Questions about partnering with Greenleaf HR? Below are some frequently asked questions that may help. Can’t find an answer? Contact us today!
Yes, many startup businesses are unaware of the complex web of Federal and State payroll, tax, and compliance laws and regulations. Outsourcing back-office administration is a cost-effective way of avoiding unnecessary claims and litigation.
Greenleaf HR works with companies that already have an HR team, as well as those that don’t. Our technology gives your internal staff the support they need. This not only puts additional resources into their hands, it helps protect your business by ensuring you are compliant with state, federal, and local compliance laws and regulations.
A PEO, or professional employer organization, provides businesses HR-related services. We handle things like payroll, regulatory compliance, and employee benefits so that business owners can focus on the operations side of their companies. Essentially, you’re freed up to focus on profit-generating.
According to NAPEO, businesses that work with a PEO grow seven to nine percent faster than similar-sized businesses that don’t. They also have 10 to 15 percent less employee turnover and are approximately 50 percent less likely to go out of business. NAPEO.org/what-is-a-peo
We understand that, as a business owner, you need to weigh the pros and cons of every decision—including whether to hire internally or outsource HR. Opting to work with Greenleaf HR allows you to put your hiring budget towards expanding your sales team or other revenue-generating employees. In addition, Greenleaf HR is built to scale with your business. As you grow, we grow with you. And you’ll always have a team of specialists taking care of your HR needs.
Having a team of HR professionals to back you up from day-one is as critical to your business as a cup of coffee is to having a good day. Lots of startups choose to work with Greenleaf HR because we put the right HR foundation in place that allows you to scale your business quickly, without sacrificing any potential growth opportunities.
No. We work with businesses of all sizes, from sole practitioners to companies with 50, 250 or even 500 employees. That’s why our flexible, tailored approach is so important.
Absolutely. A PEO company like Greenleaf HR allows you to offer the same quality benefits to your employees that a national or global brand does.
When you work with a PEO company like Greenleaf HR, you trust us to handle very specific responsibilities. For example, we make sure employees are paid on time and that payroll processes meet all local, state and federal rules. We issue W-2s. You continue to oversee your employees and do things like giving them work assignments, making scheduling decisions, and handling the many other day-to-day tasks just like you always have.
There are many reasons that business owners decide to outsource payroll. First, they can save time by having another company process payroll for them. Second, for many small to mid-sized businesses, it is less expensive to outsource payroll than to hire employees to process it. And third, many business owners feel relief from the responsibility of staying current with all tax and payroll compliance rules—they can rely on the expertise and knowledge of the company they choose to process their payroll.
Yes! We easily handle processing payroll for companies with employees in different states or regions. In fact, that’s why so many companies choose to work with us: we have expertise in federal, state, and local tax laws that impact payroll processing and tax reporting.
Yes! We provide comprehensive services, including human resource administration, employee benefits, risk management, and workers’ compensation. As your company grows, you can reach out to us anytime about our flexible solutions to strengthen and simplify your business.
FICA stands for the Federal Insurance Contribution Act. It is a federal payroll tax on the paychecks of employees, as well as contributions from employers to fund Social Security and Medicare programs. We guide you through this and other federal HR legal updates
The Federal Unemployment Tax Act (FUTA), is a tax that must be paid by an employer. This tax is based solely on the amount of work and pay per employee for their individual company. It is a safeguard against the unemployed losing their funds. The federally implemented and controlled tax acts as a benefit to unemployed workers during the time they don’t have employment. With our help, you are always up to date on this and other federal HR legal updates.
The State Unemployment Tax Act (SUTA), also known as State Unemployment Insurance (SUI), is a required payroll tax that must be paid by an employer. The funds from these taxes are put into each state’s unemployment fund and used by employees who separate from their place of employment. Greenleaf HR provides guidance on this and other federal HR legal updates