How a PEO helps your business grow
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Transcript of How a PEO helps your business grow
WHAT IS A PEO?
A Professional Employer Organization (PEO) is acompany that makes having employees easier by lifting
administrative burdens from your shoulders.
CLICK HERE to View the PEO Model Diagram
How Can a PEO Help Your Business Grow?
A PEO provides relief from:
Administrative Burdens
Business Costs
Compliance Risks
A
B
C
In these four areas:
1. HR & Compliance
2. Payroll & Tax
3. Employee Benefits
4. Work Comp & Safety
1
2
3
4
1. HR & ComplianceSave up to 100 hours a month of your valuable time by
outsourcing administrative HR tasks to a PEO.A
B
C
For less than the cost of adding one employee, you can get an
entire team of HR experts working for your business on a
monthly basis to handle your employee related details,
paperwork, and compliance.
Our experienced team of HR professionals will provide the
expertise, consulting, and continued guidance needed to
ensure your company stays in compliance with major
regulations like FLSA, DOL, and EEOC.
Visit our HR & Compliance Service Page
2. Payroll and Tax
Turn one of the most essential and complex
administrative burdens placed on any business with
employees into a simple and easy process.
A
B
C
Avoid costly fines, mistakes, and keep your payroll
costs down. Also save valuable time by radically
reducing the time and effort it takes to run payroll
each cycle.
Regulations and laws change daily. It's a full-time job
just to keep up with compensation rules! Let us worry
about it, so you don't have to.
Visit our Payroll &Tax Service Page
3. Employee BenefitsHave a team of benefits professionals administer your
employee benefits, so you and your employees can
remain focused on what you love and do best.
A
B Costs are rising, and plans are diversifying. Allow us to
guide your business and help you find cost savings that
are normally out of reach for a small business.
C In the midst of constantly changing healthcare reform,
the rules are always changing. We can help your
business navigate these rough waters and keep you
focused on turning your benefits into a powerful growth
tool for your business.
Visit our Employee Benefits Service Page
4. Work Comp & SafetyProactive and convenient claims management.
Easy, personal claim reporting.
Expert injury management.
Don't worry about audits.
Certificate of insurance processing.
A
B
C
Cash flow friendly premiums and no surprises.
Best pricing negotiation.
Safety rebate programs.
Back to work programs.
State report filings.
Safety training and risk management.
OSHA requirement training, consultations, and custom plans.
Post accident drug testing in compliance with current laws.
Visit our Work Comp & Safety Service Page
Give Your Business the PEO AdvantageSimplification. A powerful set of services to handle
pressures, details, and complexities.
Focus. You and your talent can maintain laser sharp
focus on innovation, culture, and growing your business.
Cost savings. Tap into the economy of scale.
Adaptability. Give your business the ability to scale and
adapt quickly.
Normalize Cashflow - Taxes, benefits, work comp,
everything kept current, predictable, and clean each
payroll cycle.
Small businesses who use a PEO have seen theiremployment grow more than 7% faster than othercomparable businesses.After at least a year of using a PEO, companies saw 10 – 14%lower employee turnover rates than the national overallaverage of 42%.Approximately 8% of small businesses fail every year.Businesses that used a PEO failed at approximately half thatrate, at 4%.
Sources:Professional Employer Organizations: Keeping Turnover Lowand Survival High | McBassi & Company | 2014
Professional Employer Organizations: Fueling Small BusinessGrowth |McBassi & Company | 2013
Reduced stress.Time savings.A feeling of relief.A better night's sleep.Happier employees.Cost savings.Improved focus.Business growth.
Other common side-effects include:
Companies with strong and focused leadership, whoattract and retain top talent, have a strong core
ability to adapt, and who find ways to simplify thecomplex are those who survive and thrive.
WE WANT TO HELP YOU DITCH THE DETAILSKEEPING YOU FROM YOUR CALLING
GET FREE QUOTE
ACCESS ALTERNATIVE DISPUTE RESOLUTION
PROGRAMS TO KEEP YOU OUT OF THE COURTROOM.
View our ADR slideshare presentation HERE
90% of businesses surveyed viewed ADR as a critical cost-control technique.
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or visit employersresource.com