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We’re here to help clarify and simplify—and we’ll start with a dive into the murky definition of international PEO. A PEO, or Professional Employer Organization, provides outsourced HR support, including benefits and payroll administration, HR guidance, and assistance with employment law compliance.
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Professional Employer Organization (PEO): A Definition. According to NAPEO , “A professional employer organization (PEO) provides comprehensive HR solutions for small and mid-size businesses. Like an ASO, an employer remains the ‘employer of record’ in this type of arrangement.”. PEO vs. ASO.
Professional Employer Organization (PEO): A Definition. According to NAPEO , “A professional employer organization (PEO) provides comprehensive HR solutions for small and mid-size businesses. Like an ASO, an employer remains the ‘employer of record’ in this type of arrangement.”. PEO vs. ASO.
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Not realizing the importance of details related to finances, payroll, and taxes presents one of the biggest risks for growing companies. One company that we recently onboarded had employees in 12 states but was only set up for employment taxes in 7. Certification affects the employment tax liabilities of both the CPEO and its clients.
The guidance provided much needed clarification, including criteria that businesses must meet to be considered an employer of record. A company must have, under the rule which reverted the NLRB definition back to its 2015 iteration, authority over: Wages. 4-point test.
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