How Does A PEO Work And Should You Hire It?

PEO, short for Professional Employer Organization helps a client company in managing payroll of its employees. A PEO also takes care of compliance and HR responsibilities for the organization. Also known as a co-employer across the US, a PEO consists of people experienced in human resource, legal domains, taxation, client servicing and accounting. The benefits of hiring a PEO can span horizons. From reducing the cost of administration servicing to managing payroll complexities, a PEO empowers businesses to grow at scale. Other than these, a PEO can help businesses expand worldwide without the constraint of setting up an entity in different countries.