Many business owners believe that co-employment is simply outsourcing your HR department or payroll department. Many also believe that this relationship limits their ability to retain control or make important business decisions quickly. Neither scenario is actually the case. In all actuality, businesses retain complete control over their employees, and their companies, while improving their ability to execute quickly as they grow and expand into other markets.

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Furthermore, most small or medium-sized businesses probably don’t have the luxury of “departments” to handle important human resource functions. Again, one of the primary reasons why so many of these companies turn to co-employment. Today’s PEO companies are different from employee leasing companies of the past because they offer a wider variety of services to clients, and the services offered are far more advanced. They are typically only able to do this because of the co-employment relationship that exists. Through this unique partnership, PEO organizations can better support small and medium-sized organizations to provide affordable benefits, attract and retain the most talented employees, and have access to state of the art technology platforms they could not get from employee leasing companies in the past, including:

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• A broad range of employer-sponsored health and other insurance benefits

• Dynamic payroll solutions including online employee self-service

• Complete risk management support, training, and resources

• Unemployment claims management

• Employee training and development

• Employee discount programs

• And much, much more