Employee Ownership Q&A: June 2023

Q: Can a leasing company (also called a professional employer organization, or PEO) have an ESOP for its employees? A: A PEO employee working for a client organization (CO), also known as a “worksite employee,” is often considered a common-law employee of the CO when the worksite employee works full-time at the CO, is under the CO’s control, and does work normally done by the CO’s employees