At its core, a Professional Employer Organization (PEO) provides comprehensive HR support for businesses of all sizes.
Through a co-employment arrangement, a PEO becomes the employer of record for tax and compliance purposes, while you retain full control over your day-to-day operations and management of employees.
This strategic partnership allows you to focus on what you do best—growing your business—while the PEO takes care of the complexities of HR.
Imagine a small tech company with 20 employees. By partnering with a Professional Employer Organization (PEO), the company can dedicate its time and resources to critical business operations such as product development and market expansion, while the PEO takes over essential but time-consuming administrative tasks like processing payroll, managing employee benefits, ensuring compliance with ever-changing labor laws, and handling human resources challenges.
This partnership allows businesses of all sizes to streamline operations, reduce risks, and enhance employee satisfaction without getting bogged down in the complexities of HR management.
Faster Business Growth: Companies that use a PEO grow 7-9% faster than those that don't. PEOs allow businesses to focus on core operations by taking care of HR, payroll, and compliance.
Lower Likelihood of Going Out of Business: Businesses partnered with a PEO are 50% less likely to go out of business, thanks to improved risk management, compliance support, and access to better benefits.
Savings per Employee: On average, businesses save $1,775 per employee annually by working with a PEO. These savings come from reduced administrative costs and more competitive benefits packages, helping businesses operate more efficiently.
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