What Is a PEO?
What Is a Professional Employer Organization?
Over 34 Years of Experience | Woman-Owned Business | Personalized Service
Over 34 Years of Experience
Woman-Owned Business
Personalized Service
Essential Small Business Services
PEO is an acronym for professional employer organization. A PEO supports small businesses in a variety of ways, including through payroll processing, risk management and compliance, and human resources. By providing these services, business owners can focus on what matters most: growing their business.
How Does a PEO Work?
There is a practice called co-employment, which allows PEOs to take on certain responsibilities from a small business. Co-employment is a contractual allocation and sharing of certain employer duties between the PEO and the client. This contract distributes employer responsibilities to both parties.
How PEOs Can Benefit Your Business
Cost savings on employee benefits
- Your employees will be grouped together with other PEO employees. This larger group can get access to health coverage and insurance at rates that area similar to those of a large corporation, even though they are working for all business.
Cost savings through hiring
- PEOs take care of employment-related paperwork and provide human resources support. When you do make a hire, you'll be able to take advantage of all the PEO's tools.
Protect against risk
- Complying with government regulations prevents your company from getting fined or dealing with an embarrassing human resource issue. As experts in the paperwork field, PEOs know what you need to file and, in many cases, can file the paperwork for you.
Get hours back in your day
- Time can be in short supply when you're trying to run your own business. By taking over some of your employment-related tasks, PEOs make it possible for you to have more time to do the things you need to do.
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Westcoast Business Solutions
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