It all starts with one call, but can end with an annual savings of $100K or more
10-14%
2x
68%
Why Use a PEO?
PEO Features
Better Benefits
A great PEO can help lower your benefits cost, which will save you money and your employees money. This can mean better health insurance as well as other benefits like 401k, vision, dental, and other benefits.
HR Administration & Support
Leveraging a PEO team can allow your Executive Team or existing HR team to delegate hiring/firing, benefits administration, and lots of other tasks. This lets your team have more time for strategic initiatives to help your company grow.
Risk and Compliance
Leveraging a PEO team can allow your Executive Team or existing HR team to delegate hiring/firing, benefits administration, and lots of other tasks. This lets your team have more time for strategic initiatives to help your company grow.
Payroll
Implementing payroll in a timely, effective, and secure manner is paramount to employees and compliance. A PEO will be responsible for payroll compliance, filing taxes, and their customer service will handle employee questions and
concerns.
Technology
One of the core services of a PEO is an human resource information system(HRIS). This is how your executive team and employees with all the services taken care of by their PEO — benefits, payroll, applicant tracking, performance management, etc. With a great HRIS, companies can increase productivity from the management team and employees.
It’s no surprise that most people using a PEO recommend it — there’s a lot of value on the table. But PEOs are not all equal and choosing the right one will affect how well they serve in these five pillars of value and how much it costs.