Pros and Cons of Professional Employer Organizations, and Why a "Virtual PEO" May Be the Better Option.
- Resource Type
- Article
- Authors
- EDHOLM, JIM; HOLLISTER, MATT
- Source
- Employee Benefit Plan Review. Nov/Dec2020, Vol. 74 Issue 8, p5-9. 5p.
- Subject
- *PROFESSIONAL associations
*EMPLOYEE benefits
*WORKERS' compensation
- Language
- ISSN
- 0013-6808
The article discusses that the organizations have offered a co-employment model for employers, and incorporates employer members into one mammoth organization, and one which treats their employees to benefits provided by a single organization under one tax identification number. It mentions that such an arrangement allows the employer-member to outsource many of the administrative functions to third parties, rather than carrying the full burden all by itself.