PEO Terms

PEO Terms

Below is a glossary of commonly used words when discussing PEO solutions.

PEO: Professional Employer OrganizationWC: Work Comp
ASO: Administrative Service OrganizationXMod: Experience Modification Rating
HRO: Human Resource OutsourcingOSHA: Occupational Safety & Health Administration
SUTA: State Unemployment Tax ActPPE: Personal Protective Equipment
FUTA: Federal Unemployment Tax ActUSL&H: United States Longshore and Harbor Workers Compensation Act
FICA: Federal Insurance Contributions ActNLA: No Loss Affidavit
FEIN: Federal Tax Identification NumberNCCI: National Council of Compensation Insurance
EIN: Employer Identification NumberMVR: Motor Vehicle Record
HRIS: Human Resource Information SystemDOT: Department of Transportation
HR: Human ResourcesDOL: Department of Labor
ACA: Affordable Care ActDOI: Department of Insurance
EOR: Employer of RecordEPLI: Employment Practices and Liability Insurance
P&C: Property and CasualtyEE: Employee
MGA: Master General Agency or Managing General AgencyWSE: Worksite Employee
GA: General AgentGAP: Gross Annual Payroll
Acord: Work Comp ApplicationSIC: Standard Industrial Classification
RFP: Request for ProposalLOX: Letter of Explanation
BTG: Be the Good

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