If you’re running a business, you may or may not have heard of a PEO. A professional employer organization offers workers’ comp insurance, payroll, benefits and HR assistance. Not only can it save you time and money to work with a PEO, you can also avoid costly mistakes.
So how does it work? PEOs assume some of the roles and responsibilities of being an employer and they concentrate on the HR-related things you either don’t have trained staff to handle, or don’t have time to do. It doesn’t matter whether you have one employee or hundreds, PEOs can leverage people, processes, technology and insurance products to make HR a breeze. Here are the top benefits PEOs offer and how to determine whether your company should partner with one.
