PEO services to support you in Saudi Arabia
A professional employer organization (PEO) allows clients to outsource their employee management whilst remaining the manager for the daily activities. The PEO undertakes the employee management tasks such as payroll, employee benefits, recruiting, training and development and is the employer on record usually for tax or insurance purposes.
A PEO can secure a lower costs, reduce time and resources on repetitive tasks like payroll and lets a company focus on their core business.
Our PEO services put client’s employees on their payroll and handle income tax, General Organization Social Insurance (GOSI), Wage Protection System (WPS), insurance, Saudi labour law requirements and terminations.
We cover our client’s compliance risk, help quicken the onboarding process, provide their employees with benefits and act as a day-to-day business partner particularly in HR, legal, finance and accounting.
What we do
- Employee outsourcing
- Payroll management
- Regulatory compliance
- Staff augmentation
All business types and sizes can benefit from a PEO, however, its small and medium sized enterprises (SMEs) that see the biggest return. As SMEs are the least likely to have staff specializing in HR, financial or legal departments, they receive the greatest benefits from the PEO service.
However, we see larger companies who are exporting to Saudi Arabia benefiting from using a global PEO service as they are able to utilize employees in multiple countries and directly facilitate an international expansion of their business while minimizing the cost.