Make hiring and firing decisions for you.Save you time so you can focus on the day to day operations and growth of your business.Make your business more attractive to current and potential employees.Assist with employee recruitment and reduction of employee turnover.Help reduce liability for payment of wages, payroll taxes, and state unemployment taxes.Handle comprehensive HR services for employers, including payroll processing, HR compliance, risk management, employee benefits, employment tax, and time and attendance management.In fact, a PEO will help you make more informed HR decisions that will make your business stronger. The reality is that you will never lose control of your business when you hire a PEO. If you’re concerned that working with a PEO means you’re going to lose control of your company, you’re not alone. PEO Services: What PEOs Can and Can’t Do for You PEOs operate in every state and provide services to between 156,000 and 180,000 small and mid-size businesses, employing between 2.7 and 3.4 million people. According to the National Association of Professional Employer Organization’s (NAPEO) definition, “PEOs enable clients to cost-effectively outsource the management of human resources, employee benefits, payroll, and workers’ compensation.” The PEO industry has been around for 30+ years. During your research, you may have heard PEO services referred to as co-employment, business process outsourcing, or HR outsourcing. PEO stands for professional employer organization.
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