North American Product Classification System (NAPCS) Canada [Provisional Version 0.1]

561022.7.3 - Co-employment staffing with payroll and human resource services

A staffing arrangement in which an organization [i.e. a Professional Employer Organization (PEO)] co-employs a client's workforce. The PEO and the client enter into a contractual agreement whereby the rights and responsibilities in respect of co-employees are shared or allocated, with the service provider assuming responsibility for payroll-related activities and human resource functions such as counselling, personnel document preparation, employee assessment, training, regulatory compliance, and risk management. This product does not include employee benefits.

Date modified: