FREQUENTLY ASKED QUESTIONS (FAQs)

A Professional Employer Organization (PEO) is a strategic partner that provides comprehensive HR solutions to businesses by sharing employer responsibilities through a co-employment model.

Attract and retain talent, to mitigate risk, and to control and contain costs by streamlining HR functions.

There are 4 main differences: Overall cost, technology, customer service, and ability to absorb risk.

Co-employment refers to the shared responsibility between a business and a PEO in managing HR tasks, such as payroll, benefits, compliance, and risk mitigation.

Determining if a PEO is suitable for your business depends on various factors. Schedule a consultation with Cleveland Benefit Partners for personalized guidance.

We believe that the best PEO depends on your business’s unique needs. Cleveland Benefit Partners can help align your business with the most suitable PEO through unbiased consultation.

At Cleveland Benefit Partners, we provide unbiased consultation and personalized recommendations at no cost to you. Our priority is serving your needs, not those of the PEOs. This approach saves you the time of reaching out to the PEO market individually. We offer expert advice, ongoing support, and the opportunity to assess the entire market. Additionally, we secure preferred pricing and ensure transparency regarding all costs involved.

Our services are free for businesses. Cleveland Benefit Partners is compensated by the PEOs, regardless of which PEO is selected by the client.

PEOs can offer cost savings through economies of scale, competitive benefits, and streamlined HR processes. Contact us for a personalized analysis of potential savings.

PEOs can navigate the complexities of multi-state employment, including compliance with varying labor laws, benefits administration, and payroll processing across different states. Offloading compliance by sharing risk under the co-employment construct

No, the PEO does not own your employees. Co-employment means shared responsibility, but your business retains control over day-to-day operations and decision-making.

No. Employee leasing is an arrangement between a business and a staffing firm, that supplies workers on a project-specific or temporary basis.

Employees can access enhanced, Fortune 500 benefits, professional HR support, training programs, and streamlined processes, leading to improved job satisfaction and productivity.