Co-employment

What is Co-employment ?

‘Co-employment’ refers to an intermediary division between the HR and the employer. In the case of co-employment, both of the concerned parties share the legal responsibilities of an employer.

While the employer or the Professional Employment Organization (PEO) takes care of the administrative factors like payroll management, benefits processing etc., the HR would be concerned with the daily duties of the employees and other HR-related factors.

They are generally used to lower the burden on HRs of large organizations. As the PEOs take care of the administrative responsibilities, they are mostly tasked with the sections of HR which are time-consuming, for example, payroll and leave management.

More HR Terms

LOP: Loss of Pay

LOP Full Form The full form of LOP is Loss of Pay. LOP refers to a situation where an employee takes leave without sufficient leave

Voluntary Benefits

What are Voluntary Benefits?   ‘Voluntary Benefits’ refers to the kind of benefits that are paid by the employee instead of the employer. The employee

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