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Friday, 25 July 2008
 
 

PEO (Professional Employer Organization)

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PEO (Professional Employer Organization)

A PEO (Professional Employer Organization) provides outsourcing of work compensation human resources and administration of employee benefits. It does this by hiring employees from the client company's, in turn becoming their employer of record. PEO's will hire them back, under the contract agreements. This practice of hiring them on contract basis is known as co-employment, employee or staff leasing.
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