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What is an Employee Leasing Company/ PEO?

Employee Leasing Companies, a.k.a Professional Employer Organizations (PEOs) enable business owners to cost-effectively outsource the management of human resources, employee benefits, payroll and workers' compensation.

In other words, an Employee Leasing Company takes the headaches out of running your business by taking over specific responsibilities so you can focus on what you're best at - taking care of your customers! You can give up those frustrating, administrative tasks and put your energy back into making profits for your business.

Employee Leasing Companies partner with their clients to share employer responsibilities and liabilities. They provide services and resources including risk management, workers’ compensation, human resources, labor law compliance and employee tax administration.

By using these services, your employees are also able to participate in the Employee Leasing Company’s health, retirement and supplemental benefits- so you don't have to worry about making these complicated arrangements. The PEO also takes care of your company’s payroll, including everything from printing the checks to reporting and paying the employment taxes.

 

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