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EOR and PEO
Stand for employer of record and professional employer organization.
A PEO is a Professional Employer Organization, which is a third party that co-employs individuals with a business. They provide the payroll and other services in a country and ensure compliance requirements are met. While similar to an EOR, a PEO is different in that it is not the legal employer. They act as an employment partner and similar to an outsourced payroll and compliance vendor.
Related Glossaries
Global payroll
Refers to all the practices needed to administer payroll to individuals across the globe.
Tax filing
Tax filing is the process of submitting required financial documents and information to tax authorities.
Remote Work
Remote work refers to a working arrangement where employees do not have to report to a traditional office space
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