Under the PEO model, the agency/end client partners with the PEO to employ workers under a joint employment contract which provides a number of benefits.
It is the sharing of control and supervision of an employee's activity among two or more businesses.
There are a number of benefits to both agency and workers. From VAT savings through to cash flow savings.
• VAT savings between joint employers of 99%
• Cash flow savings and actual savings if using ID facilities
• Compliance savings – portability of workers and speed to get them to work
• Cost of insurance savings – we can reduce your insurance costs
• Overall reduction in admin, leaving you free to concentrate on core business
• Single tax code
• Outsourcing payroll where contracts state that the agency must be the employer (not previously allowed)
