Flawed PEO bill should be vetoed

POSTED: 01:30 a.m. HST, Jun 15, 2012

~~<p>In a weak economy, one of the engines for recovery is the entrepreneur, someone willing to take a risk on a new idea and create a startup company whose success will mean jobs for more people. Many, if not most, need the service of what is known as a professional employee organization (PEO), an agency for hire that will handle payroll and other complex chores that usually go to the human resources office in a more mature firm.</p>
<p>The PEO sector in Hawaii has started to grow, with a significant cash flow being handled by such companies. Two years ago the state rightly wanted to make sure there was some sensible regulation in place and passed what's now called Act 129.</p>
~~

In a weak economy, one of the engines for recovery is the entrepreneur, someone willing to take a risk on a new idea and create a startup company whose success will mean jobs for more people. Many, if not most, need the service of what is known as a professional employee organization (PEO), an agency for hire that will handle payroll and other complex chores that usually go to the human resources office in a more mature firm.

The PEO sector in Hawaii has started to grow, with a significant cash flow being handled by such companies. Two years ago the state rightly wanted to make sure there was some sensible regulation in place and passed what's now called Act 129. Login for more...