Wednesday, August 10, 2022

What is PEO and when should businesses use a PEO?

What is PEO and when should businesses use a  PEO?Business scale-up is one of the most important parts of SMEs’ development plan to accelerate their growth. This almost always includes workforce expansion. A small-sized business may run into a problem where there is no dedicated department to manage hiring and requirements that come along with it, as well as payroll and benefits administration. This is where a professional employment organization - PEO jumps in.What is PEO?PEO acts as a “co-employer” with the company that it is hired to support....