PEO

(redirected from PEO (disambiguation))

PEO

(Professional Employer Organization) A company that serves as an off-site human resources department to small and medium-sized organizations. A fast-growing business segment after the new millennium, PEOs are relationship-focused and take responsibility for HR administration plus legal and regulatory compliance issues. The quality of employee benefits in areas of insurance and workers compensation is often improved due to the expertise and group purchasing power of a PEO.
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