Across the country, more and more companies are turning to staffing agencies for their hiring needs. It is estimated that 16% of all small- and medium-sized businesses in the United States outsource some or all of their human resources capabilities to staffing agencies or PEOs.
PEOs take on many of the personnel risks of the client – in this case, the business owner with whom an employment services contract is made. StaffPak insurance is a critical component to protect not only the PEO’s financial assets, but also its clients and employees. Co-employment risks are not to be overlooked, and in this guide, we will share several best practices to establish a solid risk management plan for these agencies and the companies which rely on their HR services.