Professional Employer Organizations (PEOs) are businesses that provide a variety of services to other companies. The main uses of PEOs include:
1. International business support: PEOs can help companies expand their business to other countries, by providing support in compliance, staffing, and other related issues.
2. Compliance with labor laws: PEOs can help companies comply with labor laws and regulations.
3. Human resources management:PEOs can provide a wide range of human resources management services, including recruiting and hiring, training, and performance management.
4. Workers’ compensation: PEOs can handle the administration of a company’s workers’ compensation program, including handling claims and providing safety training to employees.
5. Risk management: PEOs can help companies manage risks such as worker injury, liability, and property damage.
6. Employee benefits: PEOs can offer to employees a wide range of benefits such as health insurance, and, other employee benefits, which can help companies attract and retain top talent.
7. Payroll and benefits administration: PEOs can handle the payroll and benefits administration for a company, withholding taxes, and managing employee benefits.
8. Cost savings: PEOs can help companies save money by outsourcing certain HR functions, which can be more cost-effective than maintaining an in-house HR department.
