How Can a PEO Fit Into My Organization? – Employer Solutions Plus

A PEO (Professional Employer Organization) steps in and provides an affordable, holistic management services to support your company’s human resource functions. PEOs are unique in that they offer a full suite of services, unlike companies who offer specific services like benefits or payroll administration. PEOs functions offer a broad range of HR-related services such as employment administration, recruiting, workers’ compensation insurance, employee benefits, payroll, compliance, best practices, employee training, and performance management.

PEOs are ideal business partners as they allow you to choose what they help you with. Whether you are looking to entirely outsource all of your administrative functions or simply bulk up your worksite OSHA compliance – PEOs can support you. It is important to remember that at the very minimum, a PEO must provide their clients with payroll and workers’ compensation insurance. Given their expertise in the areas of Human Resources and Compliance, they not only absorb the work but also the risk.

The term Co-employment is often used when referring to PEOs. What this indicates is the separation of human resources, employee management and liabilities that occur when you work with a PEO. Co-employment is a unique business model as it requires that your employees work for both you and the PEO. Standard daily business operations are supported by your team, but the PEO assumes all administrative functions. As such, the PEO shares many of the liabilities associated with your business and employees.

PEOs serve as an extension of your business that handle Human Resources, leaving you as a business owner to focus on what truly matters – the current and future success of your operation.