A PEO is a Professional Employer Organization that provides outsourced payroll and HR solutions to small and medium-sized businesses. PEOs often provide the following services: Payroll, HR, benefits, workers' compensation, tax administration, and regulatory compliance/claims assistance.
When a company partners with a PEO provider, a company enters into a co-employment relationship. This means a PEO provider shares in some of the company’s legal/financial liability for the services provided.
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To know more about the working relationship between Deel and your Company, refer to this article.