The benefits of a professional employer organization (PEO) to a business of any size are invaluable. Simply put, if you’re overworked, then you can’t tend to every need in a timely fashion. This can cause your employees to lose trust in both you and the company and decide it’s time to find a new job …
PEOs typically partner with businesses consisting of between 5 and 500 employees. However, companies with as few as two employees have benefitted from a PEO. This is because every business needs an HR department, and every business needs to comply with both state and federal laws. PEOs help with both of these areas. Not only …
You may be surprised to learn that hundreds of thousands of businesses work with PEOs on a daily basis to improve the way they respond to the needs of their businesses. Specifically, the PEO industry offers support to between 150,000 and 180,000 businesses every year. This translates to between 2.5 and 3.5 million people receiving …
Hiring new talent is one of the most significant costs for a business. The hiring process is expensive with training and all the things that come with it, and you also must account for any mistakes the new hire makes, which can cause a temporary reduction in profits. Of course, you shouldn’t forgo the idea …
The short answer to this question is: absolutely not. You only need to buy the products and services that work best for your business. A PEO is great that way. You can have either an a la carte relationship with a PEO or sign up for a full-service package. You can partner with a PEO …
Every company can use improvement. Staying stagnant is a good way to lose both business and your employees. Even larger, more established companies have areas that could use some help. For many companies, this includes areas like their HR department, or help with new hires. While it may not be as pressing of a matter …
A PEO is a valuable resource for many businesses. This is because it can be as à la carte or as full-serve as you need it to be. If you only need help with one area, that’s fine. If you need an entire HR department set up for you, that’s fine too. Whatever you need, …
Data security is an increasing concern for many small business owners. While headlines focus on data breaches at larger companies, cybersecurity statistics suggest that as much as 43% of all cyberattacks are against small businesses. Cybersecurity is thus a pressing concern, both for the sake of your customers and for your employees. If you’re looking …
When a small business owner turns to someone for help with their HR challenges, they need to have confidence in their new partner. If you partner with a PEO, you trust them to handle some of the most sensitive information your company manages: your employee’s personal information. The need for trust in your PEO partner …
The difference between temporary staffing services and a PEO is the way in which they support their clients. A temporary staffing service provides support with staffing needs on a limited basis, while a PEO provides support on the administrative end of running your HR requirements. If you’re a small business owner looking for help with …
Professional employer organizations (PEOs) help small businesses address HR challenges as they grow. These organizations can act as supplements or complete replacements to a business’s HR infrastructure, either assisting with or completely managing functions like payroll, benefits administration, and risk management. A Certified PEO (CPEO) is a type of PEO that has met strict requirements …
One of the most stressful aspects of running a small business is the number of tasks you are required to complete in a single day. You may have to be a salesperson, a janitor, a laborer, and an HR manager at the same time. Fortunately, there are options to make your day simpler. Trusting your …
If you’re a small business owner looking to save time and grow your company, you may want to turn to a professional employer organization (PEO). PEOs help small businesses by allowing them to have outside experts handle key HR functions. Given the sensitive nature of HR, along with the potential costs if there are mistakes, …
If you’re a small business owner looking for a competitive advantage, you may be considering your HR outsourcing options. Partnering with a professional employer organization (PEO) is an excellent way to minimize the stress of critical HR functions without breaking the bank. However, you may not be sure how the PEO arrangement will impact aspects …
Managing HR issues can become an overwhelming challenge for small business owners. Using a professional employer organization (PEO) is a great way to reclaim the time you or your employees would spend juggling HR responsibilities. With a PEO on your side, you and your team can be better focused on the continuing growth of your …
Would you like more time to run your small business? Administrating HR matters, such as payroll and taxes, can take 80 or more hours per year small businesses. Professional employer organizations (PEOs) offer an opportunity to streamline the operation of your company by handling HR key functions for you. When looking for a PEO, it …
If you’re a small business owner considering your HR outsourcing options, you may be researching the benefits of using a PEO. One of the best resources to learn more about the PEO industry is the National Association of Professional Employer Organizations (NAPEO). As a trade association, NAPEO conducts research on the efficacy of PEOs, lobbies …
When you run a growing small business, you may feel overwhelmed by new HR challenges. Fortunately, there are many different options available to help alleviate these challenges. For many business owners, they turn to HR outsourcing. Two of the primary HR outsourcing options are professional employer organizations (PEOs) and administrative services organizations (ASOs). These types …
Running a small business can be a complicated affair, particularly if you don’t have training in HR or accounting. The paperwork can become overwhelming as you add on staff, requiring additional hours that could be spent handling other key aspects of running your business. Help is out there. Professional employer organizations (PEOs) offer many HR …
Running a small business means making difficult decisions about the services you use. You have to make sure that they are of high quality, but also that their price point doesn’t break your budget. When it comes to searching for a PEO, you may be trying to determine if NetPEO is right for your business. …
Small business owners looking to attract and retain employees should consider the benefits they offer. However, improving those benefits can be a strain on the business that can be difficult to manage. The best benefits packages often require businesses to have more employees than the typical small business has. Small businesses that seek HR outsourcing …
As it is an HR outsourcing option, using a PEO means that there are some changes to the legal nature of a business’s employment structure. The co-employer relationship can be a great benefit for small businesses struggling to meet their HR challenges, but you may have concerns about the specific legal ramifications of the partnership. …
If you’re considering working with a PEO (professional employer organization), you might be wondering how their fees work and how they make money. At NetPEO, we can’t speak for every PEO out there, but we do understand the industry and we know what practices are most common. First, some background: PEOs are different from insurance …
PEO stands for professional employer organization. A PEO is a partner company that can give your employees better benefits, save money, and take HR and compliance off your plate. It’s how you offer Fortune 500 benefits no matter what size company you are. Your PEO acts as your workers’ employer for certain legal purposes, letting …
Employee management services are comprehensive solutions that help businesses handle various aspects of workforce management. Business owners may not have a background in all administrative tasks necessary for a growing business. A professional employer organization (PEO) offers human resource solutions and gives business leaders peace of mind about HR and payroll worries. Employee management services …
