<Table> <Tr> <Td> </Td> <Td> Some of this article's listed sources may not be reliable . Please help this article by looking for better, more reliable sources . Unreliable citations may be challenged or deleted . (August 2016) (Learn how and when to remove this template message) </Td> </Tr> </Table> <Tr> <Td> </Td> <Td> Some of this article's listed sources may not be reliable . Please help this article by looking for better, more reliable sources . Unreliable citations may be challenged or deleted . (August 2016) (Learn how and when to remove this template message) </Td> </Tr> <P> A professional employer organization (PEO) is a firm that provides a service under which an employer can outsource employee management tasks, such as employee benefits, payroll and workers' compensation, recruiting, risk / safety management, and training and development . The PEO does this by hiring a client company's employees, thus becoming their employer of record for tax purposes and insurance purposes . This practice is known as co-employment . </P> <P> As of 2010, there were more than 700 PEOs operating in the United States, covering 2 - 3 million workers . PEOs operate in all fifty U.S. states . Similar services are described in Sweden and Germany . </P>

What is a professional employer organization peo company
find me the text answering this question