A Professional Employer Organization (PEO) uses a co-employment approach, maintaining the books and handling specific services while under your management.  Many businesses choose to outsource these critical services in order to guarantee that they are done correctly by experienced professionals. With a PEO, businesses are able to save on the cost of extra employees, while providing teams with more expert training and freeing up more time in your day to grow and expand your company. A PEO typically provides any of these basic services: Payroll processing Human resources administration Employee benefits Risk and compliance Workers' compensation Employee training Talent development  However, not all PEOs offer or specialize in the services your business may require, so it’s critical to adequately vet each company’s options.