A Professional Employer Organization (PEO) offers external payroll and HR solutions tailored for small and medium-sized businesses. These services typically encompass payroll management, HR assistance, benefits administration, workers' compensation handling, tax management, and aid with regulatory compliance and claims.
By teaming up with a PEO provider like Niural, a company establishes a co-employment agreement, where the provider assumes a portion of the company’s legal and financial responsibilities for the rendered services.