Understanding the Role of Professional Employer Organizations
synchronyhr
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  • Reads 3
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  • Parts 1
  • Time <5 mins
synchronyhr
Ongoing, First published Nov 09, 2023
companiesemployerorganizationprofessionalpèo
In the dynamic landscape of modern business, organizations constantly seek innovative ways to streamline operations, enhance efficiency, and focus on core competencies. Professional Employer Organizations (PEOs) have emerged as valuable partners for businesses looking to navigate the complex terrain of human resources, payroll, and employee management.

PEOs operate by entering into a co-employment relationship with client companies. This unique arrangement allows PEOs to take on responsibilities related to HR functions, such as payroll, employee benefits, compliance, and risk management. Consequently, companies can redirect their focus towards growth strategies and key business activities.
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