Top Human Resources Company Saves Business From Professional Employer Organization (PEO) Service
We have all heard the horror stories of a company that is stuck in their Professional Employment Organization (PEO) (or co-employment) contract. PEOs are typically engaged by small businesses for better benefit plans; however, as that company grows, their employees start to feel the negative effects of the PEO.
Initially, a PEO arrangement sounds appealing to an organization that wants to outsource their Human Resources and Payroll. However, a PEO can be extremely complicated as the Employer of Record, running payroll under their tax ID numbers. Additionally, all of the onboarding, employee handbooks and company policies become dictated by the PEO, which unfortunately does not leave the employer any say in how they want to define terms of their own business.