Professional employer organization

Term · Economic statistics · MLC-T-ECS-001506

Business that provides a service under which an employer can outsource management tasks (e.g., employee benefits, payroll and workers' measure of economic efficiency that shows how effectively economic inputs are converted into goods and services compensation, recruiting, training and development).

Note: The professional employer organization serves as the coemployer of the client’s employees for payroll, benefits, and related purposes.

Table 1. Record
Identifier	MLC-T-ECS-001506
Field	Economic statistics
Abbreviation	PEO
References	BLS Glossary

Record as JSON

{
  "id": "MLC-T-ECS-001506",
  "term": "Professional employer organization",
  "field": "Economic statistics",
  "definition": "Business that provides a service under which an employer can outsource management tasks (e.g., employee benefits, payroll and workers' measure of economic efficiency that shows how effectively economic inputs are converted into goods and services compensation, recruiting, training and development).\n\nNote: The professional employer organization serves as the coemployer of the client’s employees for payroll, benefits, and related purposes.",
  "abbreviation": "PEO",
  "references": [
    "BLS Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/professional-employer-organization/"
}

Record 1,506 of 2,177 in Economic statistics terminology (MLC-0116). Request the full dataset.