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The definition of a PEO, as determined by the National Association of Professional Employer Organizations (NAPEO), is that a “PEO enables clients to cost-effectively outsource the management of human resources, employee benefits, payroll and workers' compensation. Businesses contract with a PEO to assume these responsibilities and provide expertise in human resources management. This allows the PEO client to concentrate on the operational and revenue-producing side of its operations to maintain and grow their bottom line.”
A PEO provides integrated services to effectively manage critical human resource responsibilities and employer risks for clients. A PEO delivers these services by establishing and maintaining an employer relationship with the employees at the client's worksite and by contractually assuming certain employer rights, responsibilities and risk.
NAPEO, the National Association of Professional Employer Organizations, is the largest trade association representing more than 350 professional employer organizations nationwide. NAPEO's members represent more than 70% of the industry's revenues and range in size from small PEOs to large, publicly held companies with years of success in the industry. NAPEO provides its members with the very best educational services and business resources including conferences, seminars, a monthly magazine, online services, marketing support and more.
OEM is a strong supporter and member of NAPEO.
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Define PEO