What is a PEO?

A PEO is a Professional Employer Organization that provides comprehensive HR solutions for small, medium and large-size businesses, helping businesses to concentrate on their own businesses by assuming many of the headaches of Workers’ Compensation, Payroll Adminstration, Benefit Administration, Human Resources, and governmental regulatory compliance. National statistics* show that small businesses that work with a PEO grow 7 to 9 percent faster, have employee turnover that is 10 to 14 percent lower, and are 50 percent less likely to go out of business. The return on investment of using a PEO, in costs savings alone, is 27.3 percent.

*Source NAPEO