How does Employee Leasing or a PEO (Professional Employer Organization) work?
Employee Leasing companies and Professional Employer Organizations (PEOs) have revolutionized the delivery of employee management and human resource services to small and midsize companies across America. Under the terms of a co-employer agreement, the PEO acts as the employer of record, providing accounting, administration, benefits, compliance, HR, payroll, and risk management to thousands of companies and millions of employees on a daily basis.