PEO stands for Professional Employer Organization and
NAPEO
is our industry association.
How a PEO Company Works for You
CBR
has adopted the co-employment phraseology for PEO to define the
relationship between you and us.
Basically, this means that we act as an "Administrative
Employer" while you act as the "Managing Employer",
both of which are equally important yet exclusive responsibilities.
Since some tasks just can't be outsourced, you will need to continue
directing and controlling your workforce hours, pay rates, and employee
benefits. However, as your PEO company, CBR will conduct the administrative tasks
(which, let's face it, can be a huge chore) necessary to carry
out the HR functions and keep you in compliance with benefit vendors,
government agencies, the Industrial Commission, and all other employee-related
entities.
A PEO Company Keeps You Focused on Growing Your Business
A PEO company focuses on one thing…keeping
you focused on growing your business. The PEO company model is
the tool used to accomplish the greater goal of reducing your administrative
headaches and cost, allowing you to spend your time doing what you
should be doing…growing your business and enjoying the benefits
of ownership.
FACT: The U.S. Department of Labor
estimates that “by the year 2020, about 50% of the American workforce
will be employed through an HR Outsourcing Company [PEO Company]”
PEO vs Your Business
“PEO Companies offer relief to small businesses by relieving them of the unfortunate, unintended burdens that come with