If your team has been searching for a simple and cohesive way to manage HR and payroll, you've likely come across a PEO.
A professional employer organization (PEO) is a strategic partner hired by a company to handle various HR tasks such as payroll, tax filing, and benefits administration.
When a company engages a PEO, they enter into a co-employment relationship, which means the PEO assumes partial legal responsibility for the employees.
Companies often use a PEO when they want to accomplish the following goals:
But is a PEO the right choice for your company? And how does it compare to other HR service providers, like an EOR or HRO? Download our guide today to learn the ins and outs of PEO providers, their responsibilities, and common use cases.