What is a PEO?
A PEO stands for “Professional Employer Organization”. PEO’s are an outsource human resource service that eliminates all the tedious employee administration for business owners. All your employee needs are professionally handled under one roof …allowing business owners to focus on driving business, and not on time consuming tasks such as W-2’s, child support payments, wage garnishments, employee claims, payroll issues and benefits.
1A. Professional employer organization means a sole proprietor, partnership, association, limited liability company or corporation that enters into an agreement with one or more client employers for the purpose of co-employing all or part of the client employer’s work force at the client employer’s work site. A PEO usually provides an integrated and cost-effective approach to the management and administration of the human resources and employer risk of its clients. Note:A temporary employment agency is not a PEO.
