If you’ve been exploring ways to simplify your business’s human resources and payroll functions, you may have come across the term PEO. But what exactly is a PEO? How can a Professional Employer Organization benefit your company? This article will explain the concept of a PEO, its advantages, and why many businesses turn to these organizations to streamline employee management. What Is a PEO? A Professional Employer Organization (PEO) is a firm that provides outsourced human resources services to businesses. It forms a co-employment relationship with the client company, meaning the PEO and the business share certain employer responsibilities. In…