Let’s be honest. Handling human resources (HR) and compliance in-house is complicated and time-consuming. That’s where a professional employer organization (PEO) comes in. It can take some of these responsibilities off your plate so that you can protect and grow your business.
PEO Defined
A PEO acts as a co-employer that provides services for your business and its employees. It can allow you to outsource important HR functions, such as payroll, benefits and training while ensuring compliance with federal and state employment laws. By working with a PEO, you may free up your time and focus on improving your products or services and growing your business.
There are many PEOs available and each one offers its own lineup of services. While some PEOs only cover basic HR tasks, others go the extra mile and provide other services, such as employee onboarding and handbooks, as well as data analytics and real-time insights.