Professional Employer Organization (PEO)
To join or not to join. That is the question.
A PEO is a firm that provides a service under which an employer can outsource employee management tasks, such as employee benefits, payroll and workers' compensation, recruiting, risk/safety management, and training and development.
The PEO does this by hiring a client company's employees, thus becoming their employer of record for tax purposes and insurance purposes. This practice is known as co-employment. Learn more about PEOs here.
What the Pros Say about PEOs
According to the experts at Forbes magazine, there are dangers when it comes to joining a PEO, but there are also benefits. Read more.
While the full suite of benefits and services at Otis Wood Agency works beautifully for most small business owners in Georgia, some simply prefer PEO membership. Partnered with Engage, one of the leading PEOs available today, we deliver payroll and benefits services with unparalleled expertise.
PEO Savings vs PEO Fees
Before you join a PEO, it is very important to compare membership fees to potential savings and make an educated decision. And an Otis Wood Agency small business consultant can help you with a free consultation.
Call today, and we will compare our suite of benefits, tools and services to Engage PEO and help you get started with the solution that is right for your business…and your bank account.