What is a PEO?
A PEO is an organization that enters into a co-employment relationship with your company, assuming many of your employer-related HR responsibilities, such as payroll and benefits. This frees up time you can concentrate on running your business.
Where are the savings with a PEO?
PEOs do more than just save time and headaches by handling many employer responsibilities. They can also save you money by helping you avoid costly pitfalls – like hiring the wrong candidate for a key role – and helping to steer you clear of HR-related compliance issues that could result in hefty fines.
Some other key responsibilities they can cover are Retirement plans, HR compliance, workers' compensation, and lawsuits, and even recruiting for your company.
Let us know if we can help you figure out the right fight for your company.
