What Is a PEO? Key Takeaways A PEO becomes the co-employer of a business’s workforce. Through a co-employment arrangement, it takes on employer-of-record status for tax and admin purposes while the business keeps full control over day-to-day operations. Small and mid-sized businesses gain access to Fortune 500-level benefits through a PEO. By pooling employees across hundreds of client … [Read more...]
What Is A PEO Broker
Key Takeaways A PEO broker works for the business — not the PEO. An independent PEO broker evaluates the entire market and recommends only what fits, while a PEO sales rep represents a single company and its appetite for your business. Approximately 500 PEOs operate in the United States, and each has an appetite for a specific type of client. A PEO broker knows which PEOs want which … [Read more...]