A Certified Professional Employer Organization (Certified PEO) is a PEO that meets specific standards set by the IRS, offering HR services like payroll and benefits with enhanced credibility.
- What is a Certified PEO?
Answer: It is a PEO meeting IRS standards to provide HR services like payroll and benefits. - What are the benefits of using a Certified PEO?
Answer: It ensures compliance, improves benefits access, and reduces employer liability. - What criteria must a PEO meet to be certified?
Answer: Criteria include financial stability, insurance, and adherence to IRS rules. - How does certification benefit employees?
Answer: It provides access to better benefits and assurance of service quality. - Who oversees the certification of PEOs?
Answer: The IRS oversees the certification process.
