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PEO Resources: Benefits

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Benefits of Outsourcing HR to a PEO: Save

PEOs offer savings for owners/shareholder, employees and ultimately your customers. A PEO’s economy of scale enables each client company to lower employment costs and increase the business’s bottom line. The client can maintain a simple in-house HR infrastructure or none at all by relying on the PEO. The client also can reduce hiring overhead.

The professionals at the PEO can provide critical assistance with employer compliance, which helps protect the client against liability. In many cases, the client can pay a small up-front cost for a significant technology and service infrastructure or platform provided by the PEO. In addition, the PEO provides time savings by handling routine and redundant tasks for its clients. This enables the business owner to focus on the company’s core competency and grow its bottom line.

Employee turnover decreases with PEOs

According to a recent NAPEO study, small businesses that use PEOs have 10 – 14% lower employee turnover.

Revenue goes up with PEOs

66% of business owners report that their profitability has increased since becoming a PEO client.

Facts from NAPEO

PEOs allow you to:

  • Access to large company caliber benefits
  • Simplify your business and normalize cash flow/control business costs
  • Reduce time spent in transactional HR, decrease in Employee related paperwork
  • Reduce employee turnover/improve retention; keep and attract high-quality employees
  • Reduce labor costs, including Payroll and Accounting costs
  • Maximize employee productivity
  • Improve efficiency
  • Provide better (higher quality, more comprehensive) benefits & insurance offerings at competitive price points with strategies to control/lower costs related to health insurance premiums, dental and vision, life insurance, retirement savings plans, and Workers’ Compensation premiums
  • Offer discounts on other insurance and employee programs

We do all the things you don’t like,
so you can do the things you love.