How does PEO differ from HRO?
Human Resources Outsourcing (HRO) providers are similar to PEO services in that both help relieve the administrative and financial burden of managing your company’s payroll, benefits, and employee manuals. However, HRO providers do so as third-party consultants and are not co-employers of your staff. For more information, read our HR Outsourcing Buyer’s Guide. This BuyerZone.com Employee Leasing Buyer’s Guide will explain the full range of services a PEO provides, how the co-employer agreement works, the benefits and disadvantages, and how to choose the right PEO vendor. Staff leasing basics The ideal staff leasing arrangement benefits both your company and your employees. Your business spends less time administering HR functions. PEO services can help reduce company costs and they assume liability. Your employees receive expanded and improved benefits and services. Staff leasing services provide four core competencies for your business: 1. Safety and risk management: This is the bread