What is a PEO agreement?
A PEO arrangement involves all or a significant number of the client workplace employees in a long-term, non-project related, employment relationship. The PEO assumes the employer responsibility for employment tax, benefit plans, and other human resource purposes. Through the use of a PEO, relationship, client companies make a long term investment in their workers, because the PEO can provide health insurance, retirement savings plans, and other critical employee benefits for their worksite employees.
A PEO arrangement involves all or a significant number of the client workplace employees in a long-term, non-project related, employment relationship. The PEO assumes the employer responsibility for employment tax, benefit plans, and other human resource purposes. Through the use of a PEO, relationship, client companies make a long term investment in their workers, because the PEO can provide health insurance, retirement savings plans, and other critical employee benefits for their work site employees.