What Is a PEO?
A Professional Employer Organization (PEO) provides a cost-effective and consolidated solution for Human Resource management and employment administration needs. Offering a comprehensive list of services from payroll to employee benefits and workers’ compensation, a PEO assumes the administrative responsibilities so business owners can devote their time to core business functions.
The Co-Employment Relationship
Many prospective clients are curious how hiring a PEO will adjust the roles of their company. We refer to this joint partnership as a “co-employment relationship.” Through this relationship, Discovery Outsourcing manages the human resources and employment aspects of your business, allowing you more time to devote to the daily operations, management decisions, and supervision.
For legal purposes, Discovery Outsourcing becomes the “employer of record,” taking on the risks and responsibilities of the company. In doing so, we have the ability to offer benefits at reduced costs that would otherwise not be available to small and medium-sized companies.
Do My Employees Work for Me or for Discovery Outsourcing?The nature of co-employment is that your employees still work for you, but Discovery Outsourcing has some responsibilities to your employees too. The employees continue to report to you about their job responsibilities, assignments, work schedules, pay rates and all other functions that are essential to the core operation of your business. You and your employees use Discovery Outsourcing as a resource for issues or questions relating to benefits, 401(k), payroll processing, etc.