PEO Explained and Why Hire One

Posted on: January 16th, 2018 by

What is a PEO

We get asked, a lot, what is a PEO and what exactly do you do?
A PEO is a Professional Employer Organization. As a PEO, we help small and mid-sized businesses by taking care of a lot of their needs. This includes:

Overall, we exist so business owners like you can run and enjoy their business, while we take care of all the other details. After all, as a business owner, you started your company because you had a passion for something and providing a service. But you probably did not expect to also have to run payroll, benefits, hiring, managing taxes and compliance and more. These things can get you into the weeds and take away the joy and enthusiasm you have for your company and employees.

Why a Hire a PEO

Hiring a PEO is really a no-brainer for most businesses.  Here are some advantages when it comes to hiring a PEO – beyond taking a lot of work off your plate:

Overall, a business that uses a PEO also tends to be more profitable and experiences faster revenue growth.

PEO Benefits to Employees

The benefits of using a PEO goes beyond just your business financial books and the old corner office. Instead, a PEO also greatly helps your most valuable assets – your employees. According to a recent survey from NAPEO:
Compared to employees working in businesses that are not PEO clients, employees working in businesses that are PEO clients are significantly more likely to report that their employer:

Employees of PEO clients also report significantly higher scores on key measures related to employee satisfaction and confidence in company management:

Again, want more engaged and satisfied team members? Then you should consider a PEO.

Looking for a PEO?

If you are exploring hiring a PEO or just have questions, give us a call at 303-221-0558 or contact us. We are more than happy to help you get back to running your business instead of it running you.
 

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