What Can a PEO Do for You
Professional employer organizations (PEOs) provide cost-effective human resources, employee benefits, payroll, and compliance services for small businesses.
Companies that work with PEOs can focus on the business of their business instead of complex employee related matters such as health benefits, workers' compensation claims, payroll, payroll tax compliance, and unemployment insurance claims. PEOs take care of the paperwork and regulatory compliance so small businesses can improve productivity, increase profitability, and focus on their core mission.
A PEO delivers its services by establishing and maintaining an employer relationship with the employees at the client's worksite and by contractually assuming certain employer rights, responsibilities, and risk.
Businesses across America have discovered the incredible value of PEOs because they provide:
- Relief from the burden of employment administration.
- A wide range of personnel management solutions through a team of professionals.
- Improved employment practices, compliance and risk management to reduce liabilities.
- Access to a "big business" benefits package for employees in order to attract and retain the best workers.
With the passage of the Patient Protection and Affordable Care Act (aka "Obamacare"), the already large burden of employment law and regulation is growing. PEOs help relieve this burden.