PEO is an acronym for Professional Employer Organization. Simply put, it’s a company that provides “co-employment services” so you can focus on your main business. Payroll, health insurance, workers compensation, HR guidance & compliance are all handled for you by an expert team of dedicated professionals.
The National Association of Professional Employer Organizations (NAPEO) defines co-employment as the contractual allocation and sharing of employer responsibilities between a PEO and its client. Co-employers do not supply a workforce. They supply services and benefits to a client employer and its existing workforce. You maintain control of ALL business decisions and operations while the co-employer (PEO) manages employee-related aspects.
You save time, money, and manpower on back-office administration tasks because a PEO does it all for you. You could cut your time expenditures by as much as 25%. PEOs also give you access to SHRM (the Society for Human Resource Management) guidance that can reduce your overall liability as an employer and enhance employee relations.
Sure, but it will probably take a lot of time, effort, and resources to find the best PEO. Searching, analyzing, negotiating, and documenting is like having another full-time job that could take months. ExpertPEO is the only source you need to find the right PEO for your company. No exhaustive searches on your part. No bothersome sales pitches. No stress or wasted time. We eliminate all that and cut right to the chase.
Healthcare costs keep rising, as do other employee perks. Searching for the best packages year in and year out can severely hinder your company if not destroy it. This is a chance to stop the madness. Because PEOs pool together a much larger base of members, they typically have significantly greater purchasing power with insurance carriers. So you can offer your employees superior benefits at a more affordable cost each year. This is not only a huge advantage for you, but it can be a boon for recruitment and help you retain employees as well.
