Through the use of PEO’s BIM Consulting Group bundles services for payroll, HR and optional employee benefits with workers’ compensation insurance coverage to form a co-employment relationship. The co-employment model is the basis for saving money on workers’ compensation insurance, and that is why it is not offered on an a la carte basis. That is one way a PEO is different from insurance companies. It starts with payroll services, and then your employees are covered by workers’ compensation insurance. The benefits of this include lower rates, added administrative support for payroll and HR, time savings, and deep resources to stay safe and compliant.