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A Global Professional Employer Organization (PEO) is a company that provides businesses with a way to hire employees in foreign countries while complying with local laws and regulations. A Global PEO acts as the employer of record for the employees it hires on behalf of the client company, taking on responsibilities such as payroll, benefits, and compliance with local labor laws.
By using a Global PEO, companies can quickly and easily expand their operations into new countries without having to set up their own legal entities or navigate the complexities of local employment laws. Global PEOs also provide their clients with access to a wide range of support services such as human resources, risk management, and compliance. These services help companies to manage their international employees more efficiently and reduce the administrative burden of expanding globally.