Remove 2018 Remove Compliance Remove PEO
article thumbnail

PEO Solutions at Genesis HR

Genesis HR Solutions

Do PEOs really make a difference for startups and small to midsize businesses? The data is clear—small & midsize businesses who partner with PEOs see: 7%-9% faster growth than SMBs overall. 10%-14% lower turnover than companies that don’t have a PEO partner. Higher business revenue vs. non-PEO clients (13.5%

article thumbnail

The PEO Industry in 2020 & Beyond: What The Next Decade Holds

Genesis HR Solutions

Like almost every other industry, professional employer organizations (PEOs) have been forced by the global pandemic to ask themselves this question. As we look toward 2021 and beyond, PEOs, including Genesis HR Solutions , are uniquely positioned to provide opportunities and positivity to our clients. PEO History & Highlights.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The importance of HR management to your business in 2020

Genesis HR Solutions

Smaller companies are able to offer competitive benefits when they partner with PEOs like Genesis HR. Wondering what a PEO is? Start here: PEO: The Ultimate Guide (Everything You Need To Know). Here’s how: Because PEOs are considered large employers, we have access to health plans not offered to small businesses.

article thumbnail

The Future of PEOs: 5 Trends Every Broker Should Watch

Extensis

With Q4 right around the corner, it’s already time to focus on strategies for the year ahead and which PEO updates deserve the most focus. Engaging a professional employer organization (PEO) was once its own rising trend, though it has become more of a need versus want in recent years. However, the demand is becoming more niche.

article thumbnail

M&A Friday! This Week’s HR Deals and Trending #HotInHR News

Advos

GPB Capital Acquires Surge Resources, Extending PEO Footprint into New England. EBI Named the #1 Enterprise Background Screening Company on 2018 Baker’s Dozen List. HR.com Launches “Prime”, a Comprehensive Legal Compliance and Education Program for HR Departments. Mercer Completes Acquisition of Summit Strategies Group.

article thumbnail

NAPEO PEO Awareness Survey and Q1 Small Business Snapshot: What the Numbers Mean

Extensis

Quick look: The National Association of Professional Employer Organizations (NAPEO) recently released a market research survey illustrating the substantial rise in firms partnering with PEOs. Of those surveyed, PEO visibility increased 44% since 2018. These services include payroll, benefits, tax and legal compliance, and more.

Survey 97
article thumbnail

So Long to Benefits Buyer’s Remorse, Hello to a Personalized PEO Solution

Extensis

Quick look: 2023 has been a big year for PEOs. According to the National Association of Professional Employer Organizations (NAPEO), awareness has risen 44% since 2018 , with a record 33% of business owners using a PEO last year.