![The PEO acronym stands for Professional Employer Organization. PEOs help businesses with professional services like HR and payroll.](https://cdn.powa.com/www.netpeo.com/images/wp-content/uploads/2024/05/what-does-the-peo-acronym-stand-for-125x125-125-critical-desktop.jpg.webp)
The “PEO” acronym stands for Professional Employer Organization. PEOs provide comprehensive HR and payroll services to small and medium-sized businesses through a co-employment model. Are you a business owner who has heard of PEOs but isn’t quite sure what they are? You’re not alone. Many growing companies encounter this term without fully understanding its definition …