The PEO: Breaking Down International Business Boundaries
Here in the United States, we have our own unique way of conducting business. Apart from workplace memes, esoteric cultural norms, and the basic do’s and don’ts of everyday interaction, we have a whole slew of rigid regulations and strict rules that can confound even the most experienced Americans. Imagine being a stranger in our terrifying, corporate world.
Foreign companies fear not; USA PEOs (Professional Employer Organizations) are here to help. PEOs assume administrative tasks such as processing payroll, filing taxes, offering employee benefit options and obtaining worker’s comp insurance for their clients. Basically, a PEO keeps you in compliance. It also does a lot of your dirty work for you, by taking responsibility for many tedious tasks that would otherwise occupy your time and waste your resources. The efficient partnership between your business and the PEO is known as co-employment.
Also known as Employee Leasing Companies, PEOs can even offer consulting services regarding issues such as government regulations and reporting requirements. Keep in mind there are many, many services to choose from.
As in anything, be sure to do your research to find the PEO that is right for you. Consider using our free Services Matching Tool to help find the perfect fit for your business.
