Handling human resources, payroll, benefits, and compliance can be complex and time-consuming for businesses, especially small and medium-sized ones. If you’re asking, what is a PEO?, this guide will explain everything you need to know about Professional Employer Organizations (PEOs), how they operate, and why they are becoming essential partners for many companies.
What Is a PEO?
A Professional Employer Organization (PEO) is a service provider that partners with businesses to manage human resources and employee-related administrative tasks. Through a co-employment agreement, the PEO shares certain employer responsibilities while the client company retains control over day-to-day operations and workforce …