Is a PEO like a temporary Staffing Service?
Like employee leasing, a temporary staffing service recruits employees and assigns them to clients to support or supplement the client’s workforce in special work situations, such as employee absences, temporary skill shortages, or seasonal workloads. These workers are traditionally only a small portion of the client’s workforce. Professional Employer Organization services, contractually assumes and manages employee administration for all or a majority of a client’s workforce. Industry ratios identify the PEO arrangement as a long-term relationship with nearly 90% of our clients and worksite employees remaining with the PEO for a year or longer. Worksite employees participate in the PEO’s full range of employee benefits including, health benefits, dental, and life insurance, vision care, and retirement savings plans.
