A Professional Employer Organization (PEO) partners with small to mid-sized businesses so they can offer their employees top tier benefits and human resource and compliance services that are typically only available from large corporate employers. A PEO delivers employee-focused services by establishing and maintaining an employer relationship with the employees at the client’s place of business and by contractually assuming certain employer rights, responsibilities, and risk. This shared employment relationship is called co-employment.
Prestige PEO provides your company with solutions to help grow your business by eliminating the need to focus on the business of employment. Prestige has over 20 years of experience providing outstanding PEO services to companies both locally and nationally.
Prestige PEO provides the following core services:
It is difficult for business owners to offer a full-time staff devoted to human resources and employment issues, accounting, payroll, benefits or risk management. When companies partner with a PEO they receive the dedicated expertise of professionals in each of these areas. They can offer all the above services to their employees while focusing on their core business.
By pooling the risk of small to mid-sized businesses together, PEOs are able to obtain more favorable pricing on medical insurance, workers’ compensation and other employee related benefits that employers can retain and potentially share with their employees. PEOs enhance profitability by eliminating day to day transactions and focusing on the bottom line.
Companies utilizing PEOs report that..