No. The client retains ownership of the company and control over its operations. As co-employers, LandrumHR and client will contractually share or allocate employer responsibilities. We assume responsibilities associated with a "general" employer for purposes of administration, payroll, taxes and benefits. The client will continue to have responsibility for worksite safety and compliance. LandrumHR will be responsible for payroll and employment taxes, will maintain employee records. Because we are responsible for workers' compensation, we also focus on and improve safety and compliance. In general terms, LandrumHR will focus on employment-related issues, and the client will be responsible for the actual business operations.
Here's why many employers say they have actually gained more control over their business by using a PEO.