Home > Terms > English, UK (UE) > Professional employer organisation (PEO)
Professional employer organisation (PEO)
A business that supplies management and administrative services with regard to human resource responsibilities for employers; it serves as the co-employer of the client's employees for payroll, benefits, and related purposes. PEOs are referred to as "employee leasing companies" in the Standard Industrial Classification Manual.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Labor
- Category: Labor statistics
- Company: U.S. DOL
- Product:
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