When working with a Professional Employer Organization (PEO), your company enters a co-employment relationship, where the business owner still retains full control of their employees. A PEO is a firm that provides a service under which an employer can outsource employee management tasks. When the client company enters into a PEO service arrangement, the client becomes the worksite co-employer of their existing and future workforce.
A PEO becomes the employer of record for tax purposes. This means that the PEO is the company that will file the W-2’s for your employees, but the client company would still retain control and oversight over the company’s employees.
As the administrative co-employer, the PEO assumes the responsibility for the majority for the human resource management responsibilities; including payroll, payroll taxes, employee benefits, health insurance, workers compensation coverage and claim resolution, recruiting, employee training and development, workplace safety programs, compliance with federal and state employment laws, labor and workplace regulatory requirements, risk/safety management and related administrative responsibilities.
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“Without the use of their PEO service expertise, and website resources, I don’t know what I would have done.”Charley D. – St. Augustine, FL
“Applied Business Services saved me and my company so much money on all of our PEO service needs. Highly recommended to anyone in the market!”F. Reynolds – Jacksonville, FL