When running a business, it is so easy to get lost in the technicalities and the ins and outs, remaining in compliance, and providing the best services for your workforce family, all while providing the unique services of your business to public clientele. That continual juggle can add extra stress and economic hardship for a small business, and it is easy to see why.

Cue the PEO, otherwise known as a Professional Employer Organization. PEOs provide a comprehensive approach to HR solutions for small- to mid-sized companies, including services like payroll, regulatory compliance assistance, HR, and tax administration, along with a plethora of other administrative and HR services. A PEO takes care of the extensive background “fluff” that makes a small business stronger and more able-bodied, so that you can focus on what you are best at: doing what you like and know and providing your exclusive services to your clients.

Why Use a PEO?

It can be difficult for small- to mid-sized companies to make big decisions regarding the growth of their company, but numbers don’t lie. According to market research, utilizing a PEO within one’s business facilitates the following growth facets:

  • Small businesses that use PEOs grow 7-9% faster than companies that don’t.
  • They also have a 10-14% lower employee turnover rate, which is HUGE.
  • They are 50% less likely to go out of business.

By introducing PEO services to one’s company, small businesses are able to offer their employees big-time benefits – like 401(k) plans, health insurance, dental, life, and other insurance – when large-scale benefits may not be feasible. We take care of you, so that you take care of your employees, and your business can take care of maintaining and growing!

This information was brought to you by NAPEO.org.