Author: aspenadmin

A fixed fee charged for each employee each month under a PEO agreement.

The fee a PEO charges for its services (often per-employee per-month or % of payroll).

The contract between a PEO and a client company outlining services and responsibilities.

Outsourcing of HR functions typically for larger enterprises.

An HR outsourcing model similar to a PEO but without co-employment.

The industry trade association representing PEOs nationwide.

The accrediting body that certifies PEOs for meeting highest industry standards.

A PEO that has been certified by the IRS as meeting specific financial, auditing, and reporting requirements.

The client company in a PEO arrangement, which retains day-to-day control over employees.

The employer of record in a co-employment relationship (typically the PEO).

A contractual arrangement where a PEO becomes the administrative employer for HR functions while the client remains the worksite employer.

A firm that provides outsourced HR services (payroll, benefits, compliance, etc.) to client businesses.