PEO stands for Professional Employer Organization. A PEO is a co-employment relationship, where the company (in this case, The Employer Group) becomes the employer of record for your employees. A PEO relationship offers distinct advantages for our clients.
First, as a co-employer, The Employer Group processes all payroll-related government-required tax filings for all of their clients. Doing so creates efficiencies in workflow. Next, since all of the your employees would now legally be our employees, we negotiate worker’s compensation and other benefits with a larger pool of employees, often resulting in cost savings.
PEOs are regulated in each state and The Employer Group has been a registered PEO for over 17 years and is now certified in 29 states.
For more information about PEOs, visit www.napeo.org.