Professional Employer Organization Services Procurement in the US
This report is intended to assist buyers of professional employer organization (PEO) services, which help cut management costs and reduce the complexity of providing support services to employees. Many types of companies use PEOs to outsource employee management responsibilities, including manufacturers, wholesale trade operators, finance and insurance firms and construction companies. PEOs form a co-employment relationship with their clients wherein the PEO becomes the legal employer of the client’s employees. PEOs manage and administer four main functions: payroll, workers' compensation, employee benefits and human resources. This report excludes expense management services and recruitment services.
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