Your partner for compliance growth & efficiency Experience the power of our PEO service with Stonebridge providing a full-service outsourcing model designed to take away the headaches at no extra cost for the contractor. From the pains of payroll to arduous admin, we take care of it all. Join Stonebridge What is PEO? Stonebridge PEO is responsible for managing Human Resources (HR) duties, such as payroll, workers insurances, employee benefits, and making sure that all payroll-related taxes, laws, and regulations are followed. Alleviating administrative burdens for your business and ensuring your workers are being paid correctly, leaving you to focus on other things. How does it work? Benefits built around you (Hover over each title to see more info) Hassle Free Payments We handle payroll seamlessly, ensuring timely and accurate payments so contractors can focus on their work without payroll headaches. Cost at client level Contractors enjoy professional payroll services at zero additional expense, saving money and hassle. Increase Efficiency Outsourcing administrative tasks to us boosts operational efficiency, allowing your internal team to focus on other priorities. Access to Premier Rewards Contractors gain access to exclusive rewards and benefits programs, enjoying a host of fantastic offerings. Speak To Us Our accreditations Speak to an expert Our dedicated team are on hand and ready to offer all the help and guidance you need Request a Callback Refer A Contractor Are you already working with us?
Contact our Employee Support team on 0203 789 2490 Frequently asked questions What is PEO? A PEO, or Professional Employer Organisation, acts as a co-employer for your business, handling various HR and administrative tasks like payroll processing, benefits administration, and compliance. This frees you, the business owner, to focus on core business activities. Will I be responsible for my own tax if getting paid via a PEO? No. While a PEO becomes the employer of record for tax purposes, they are responsible for paying all your taxes, including income tax and National Insurance contributions. You will receive a payslip reflecting your net pay after all deductions and taxes are handled by the PEO. How does PEO work? When you partner with a PEO, you enter into a co-employment agreement. The PEO assumes responsibility for tasks like: Payroll processing: The PEO processes payroll, manages deductions, and ensures timely payments for your employees. Benefits administration: The PEO can help you set up and manage employee benefits packages, including health insurance, retirement plans, and more. Compliance: The PEO ensures you comply with various employment laws and regulations, including tax filing and reporting. What are the benefits of PEO? The benefits of using a Professional Employer Organization (PEO) include access to comprehensive HR services, such as payroll administration, employee benefits management, and risk mitigation. PEOs also offer expertise in compliance matters, allowing businesses to focus on core operations while reducing administrative burdens and enhancing employee satisfaction. Additionally, PEOs can provide cost savings through economies of scale and improved efficiency.employee benefits than smaller businesses might be able to obtain on their own. Do I get access to statutory benefits if I am getting paid via a PEO? Yes, you will still be entitled to statutory benefits, such as Statutory Maternity Pay, Statutory Sick Pay, and Statutory Redundancy Pay, even if you are paid through a PEO. These are employer-funded benefits, and the PEO is legally obligated to provide them as your employer of record. Can I work via a PEO if my role is inside IR35? Whether you can work through a PEO as a contractor within IR35 depends on several factors, including the specific terms of your contract and the nature of your work. It's crucial to consult with a tax advisor or the PEO themselves to determine if your specific situation allows for PEO engagement within IR35 regulations. What is PEO? An umbrella company employs individuals that work on assignments with different clients. The work an umbrella employee does is usually sourced by a recruitment agency, who have a business relationship/partnership? with the umbrella company. The umbrella company will be responsible for invoicing the recruitment agency for completed work, calculating and paying PAYE (Pay as You Earn) and National Insurance and providing statutory benefits to its employees. View all FAQs