PEOCOMPARE Description
PEO, or Professional Employer Organizations (PEO), allow small- and medium-sized businesses to be more productive by allowing them outsource their administrative needs. A PEO is a company that focuses on small business tasks such as payroll, health insurance, ACA compliance and other ancillary HR services. Co-employment is the partnership between a business and a PEO. This means that employees of the business become employees of the PEO company. This allows the business some of its liabilities to be offset. The co-employment allows clients' managers to concentrate their time and effort on the day-to-day tasks of growing the company or generating revenue. The PEO will work with multiple clients and allow them to pool the employees of one company with another. This reduces insurance costs and risks. The PEO can also offer a wide variety of offerings and access to benefit plans that small businesses may not be able to afford.
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PEOCOMPARE Features and Options
Payroll Software
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