A PEO is defined by NAPEO (National Association of Professional Employer Organizations) an “organization that provides an integrated and cost effective approach to the management and administration of human resources and employer risk of its clients, by contractually assuming substantial employer responsibilities and risk, through the establishment and maintenance of a co-employer relationship with client’s employees.”
This relationship includes payroll, employee benefits, workers’ compensation and Human Resource management, unemployment management and much more. They become your “red-tape” manager and let you get back to the business of making revenues for your business.
