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Doesn Professional Employer Organization or PEO mean that a company “supplies new employees for which I then pay a fee”?

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Doesn Professional Employer Organization or PEO mean that a company “supplies new employees for which I then pay a fee”?

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A. No, unlike a “temp service” or “head-hunter organization”, an Professional Employer Organization company or PEO company “hires” your current employees, then leases them back to you.

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