Benefits of a PEO for Small Businesses and Startups
Take It Personel-ly
OCTOBER 29, 2021
A professional employer organization (PEO) handles all the administrative services that are needed for companies to expand their presence.
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Take It Personel-ly
OCTOBER 29, 2021
A professional employer organization (PEO) handles all the administrative services that are needed for companies to expand their presence.
Extensis
NOVEMBER 6, 2023
A professional employer organization (PEO) can step in as a powerful ally, simplifying operations, reducing costs, and allowing medical practices to focus on what truly matters most. This is where a professional employer organization (PEO) can step in to provide valuable assistance. increase in labor expenses.
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4 HR Predictions for 2025: Supercharge Your Employee Experience with Internal Communications
Extensis
OCTOBER 24, 2024
These workers help businesses meet increased demand during their peak periods, alleviate workforce burnout, and potentially reduce long-term recruiting costs. To help them on that journey, we’re here to explain the ins and outs of seasonal roles and six tips to hire this talent efficiently. What are seasonal employees?
Insperity
JANUARY 4, 2024
Let’s explore all the services that a full-service PEO partner can perform for your organization and why your business may want to consider this option for the most comprehensive, cost-efficient and time-efficient HR outsourcing. What is a full-service PEO partner? Among PEOs, level of service matters.
Extensis
JANUARY 4, 2023
Quick look: A PEO partnership can help small businesses grow, stay compliant, offer competitive benefits, and retain valuable employees. However, some organizations shy away from a PEO out of fear that a co-employment relationship is the same as employee leasing. However, the PEO does not supply workers to their client.
Insperity
OCTOBER 8, 2024
How well you do HR can determine whether your company’s growth happens as quickly and cost effectively as desired and is ultimately successful. In addressing any gaps, it more time and cost effective to develop employees internally or hire externally? Rushed hiring decisions that result in hiring the wrong candidate.
Extensis
MAY 30, 2023
That’s where professional employer organizations (PEOs) come in handy! In this blog, learn about five HR benefits non-profits can achieve with a PEO partnership. That’s why more non-profit organizations are finding solace by partnering with a professional employer organization (PEO). What is a PEO?
Zenefits
JUNE 13, 2023
Potential cost savings are another benefit. According to the National Association of Professional Employer Organizations (NAPEO), 180,000 small and midsize businesses use professional employer organizations (PEOs).¹ Larger companies are also increasingly turning to PEOs. What is a certified PEO? What does a PEO do?
Business Management Daily
SEPTEMBER 16, 2024
Professional employer organizations (PEOs) offer a cost-effective solution to this problem. Besides the cost savings, working with a PEO can yield many benefits to employers. NAPEO (National Association of Professional Employer Organizations) economists Laurie Bassi and Dan McMurrer conducted research into PEOs.
Extensis
DECEMBER 5, 2024
Quick look: As 2024 comes to a close, it’s time for HR professionals to review, reflect, and fine-tune their processes to ensure compliance, enhance employee satisfaction, and streamline operations. Additionally, human resources (HR) teams must tackle a variety of tasks to maintain compliance and streamline operations for the year ahead.
Extensis
NOVEMBER 9, 2023
Appealing to candidates involves creating a compelling employer brand , implementing effective recruitment strategies, and selecting individuals who align with the organization’s culture and goals. These employees can be new hires or existing employees with the potential to move into other roles.
Extensis
APRIL 11, 2023
Executive recruiting firms : Organizations that specialize in helping businesses fill executive, upper management, and other senior-level positions. Administrative services organization (ASO): ASOs provide similar HR management services to PEOs but without establishing a co-employment relationship.
Hppy
MARCH 28, 2023
An employer of record (EoR) is an individual or third-party company that works by assuming the legal responsibility for finding and hiring employees on behalf of foreign business owners. In this case, hiring an EoR can help in new market exploration. They can introduce the new hires to your business culture and procedures.
Extensis
OCTOBER 19, 2022
Here, take a closer look at these challenges and how brokers can join forces with a PEO to help clients succeed. Executive recruiting services rose almost 8% (from 26% to 28%). It’s no wonder more businesses are turning to HR outsourcing partners like professional employer organizations ( PEOs ). HR professionals today.
Genesis HR Solutions
JANUARY 23, 2023
You have experienced a negative compliance situation—you may have been fined as an employer, faced complaints, etc. In the HR market, there are two major options to consider: 1) hire an additional full-time staff member or 2) partner with one or more external companies that provide HR services.
Extensis
SEPTEMBER 26, 2022
Quick look: No business operates without risk, and managing workplace compliance, health, and safety can be overwhelming. Luckily, with a PEO partnership in their pocket, brokers can step in as trusted advisors and help their clients remain compliant. Are you sure you are meeting those local and state compliance requirements?
Extensis
DECEMBER 20, 2023
Designed to highlight critical industry developments, ExtensisHR’s 2024 Trends Report features insight from our professional employer organization (PEO) subject matter experts. Take, for instance, the role AI plays in recruiting. These technologies can also help HR functions become more efficient, equitable, and data-driven.
Extensis
NOVEMBER 7, 2022
Here’s how brokers who partner with a PEO can help clients avoid dishonest providers and offer their employees reputable virtual solutions. Virtually accessing care can help patients experience lower costs, more convenient appointments, and less exposure to infectious illnesses. The rise of telehealth fraud.
Extensis
MAY 15, 2023
Quick look: Recruiting top talent remains a challenge for many organizations, and recent research shows the time to fill a vacant role has increased by four weeks year-over-year. Luckily, an applicant tracking system (and the recruiting services offered by some PEOs) can help SMBs remain productive, cost-efficient, and fully staffed.
Extensis
SEPTEMBER 29, 2022
From boosting employee retention rates to safeguarding against industry disruptions, here’s how L&D can benefit today’s SMBs, and how working with a PEO can simplify the process. ” Many types of training fall under this umbrella, including: Onboarding and new hire programs. .” Recruit top talent.
HR Management
JANUARY 7, 2024
With a growing pool of talented developers, lower labor costs, and a strategic location, many companies are turning to LATAM to bolster their tech teams. However, this influx of demand has brought its own set of challenges for businesses seeking to hire software developers in the region. Local tax experts can provide guidance.
Extensis
OCTOBER 19, 2023
This collective call for support gives brokers and PEOs an opportunity to work together to help clients ease their HR burden and prolong business growth. Therefore, business leaders are turning to brokers for advice on ways to save on costs without compromising the value of their offerings.
HR Lineup
JULY 16, 2023
With the rise of the gig economy and the growing trend of remote work, employers are struggling to keep up with the changing regulations and compliance requirements. The EOR is responsible for tasks such as payroll processing, tax withholding, benefits administration, and compliance with employment laws and regulations.
SwipeClock
NOVEMBER 3, 2023
Adding Scheduling & Hiring Tools that are Unified with Timekeeping to Set Your Clients Up for Success in 2024 Swipeclock had the opportunity to present at NAPEO’s First Friday webinar series on November 4, 2023. Review what we covered and how a Swipeclock partnership is the ideal solution for PEOs. Speed and efficiency win the day.
6Q
AUGUST 8, 2021
They also are in charge of recruitment, performance management, and training. Transferring the responsibilities of specific HR tasks to another service provider allows your business to control cost, save time, minimise paperwork, and refocus energy on revenue-generating tasks. What is a PEO? Shared risk.
Extensis
DECEMBER 19, 2024
This leads some to long for a trusted, skillful extra set of hands, and thats precisely what a professional employer organization (PEO) offers. Discover how in-house HR experts and PEOs can unite to streamline talent acquisition, maintain compliance, manage daily administrative tasks, and more. What is the role of a PEO?
Extensis
OCTOBER 15, 2024
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.
Extensis
JUNE 26, 2024
Hiring internally. Here, explore the different types of internal recruitment, the business benefits of hiring from within, tips on developing an internal talent pipeline, and how a professional employer organization (PEO) can help busy small businesses do it all. Small businesses face significant hiring challenges.
Extensis
APRIL 20, 2023
Quick look: Hiring an employee is a significant investment, and there’s a lot to know about finding the right candidate—including understanding the costs associated with recruiting. As the labor market grows tighter, these costs are only expected to increase.
Extensis
NOVEMBER 5, 2024
Quick look: As a small business, it can be challenging to manage day-to-day operations while maintaining focus on growth, which is why it’s helpful to partner with a PEO. PEO customers have a 2x higher growth rate When compared to non-users, SMBs working with a PEO reportedly grow twice as fast. annually, compared to 1.9%
Extensis
NOVEMBER 12, 2024
Quick look: Military spouses are, on average, highly educated, skilled, and motivated—a combination that makes 80% of HR professionals eager to hire them. Yet only 16% of HR teams have a strategy to recruit and retain military spouses, and less than half feel they understand this group’s challenges. For example, the SECURE 2.0
Cisive
MAY 10, 2022
In a tight talent marketplace, hiring internationally can be the key to scale an agile and flexible remote workforce. Organizations with remote work policies have been able to significantly increase their geographic area of recruitment, creating more competition for talent. Contract Types.
Tandem HR
JANUARY 3, 2023
Tandem HR’s Vice President of Business Development, Grant Bramley , sat down with Liz Spencer, Executive Director of NCTV17 out of Naperville, IL (a Chicago suburb) to discuss how small businesses benefit from outsourcing HR administration to a PEO. Here’s what they discussed: What is a PEO? You are something known as a PEO.
Insperity
JULY 13, 2021
These administrative tasks include addressing issues related to: HR-related government compliance and reporting Benefits and COBRA administration Leave of absence compliance and support (FMLA) Employee relations issues. The PEO value proposition for middle market. Finding the right specialists takes time and effort.
Insperity
APRIL 29, 2021
per hour, per employee, for health-insurance costs, according to Sept. The worst part: these costs tend to rise. This increase is in line with the average growth in annual health-insurance costs that employers have experienced over the last several years. Wondering how to contain the cost of employee benefits?
Extensis
SEPTEMBER 3, 2024
Here, we explore the importance of payroll, how PEO payroll services impact SMBs across the country, and all the other ways PEOs help businesses, too. Other companies offload their payroll responsibilities to a payroll service provider or a professional employer organization (PEO). Some PEOs, like ExtensisHR, are IRS-Certified.
Helpside
MAY 11, 2023
Working with a Professional Employer Organization (PEO) is beneficial for small or new businesses. PEOs can help businesses with the tedious employee administration tasks that require a lot of attention. Outsourcing of HR related functions is one of the ways PEOs help small businesses save both time and money.
Helpside
MAY 2, 2023
Companies have two main options when looking to outsource human resources: Professional Employer Organization (PEO) and Human Resources Outsourcing (HRO). What is a PEO? A Professional Employer Organization (PEO) acts as a co-employer that provides various services for businesses.
Extensis
OCTOBER 16, 2023
Here, we explore three hidden compliance issues business leaders must keep top of mind and how a PEO’s HR risk management experts can allow them to focus on flourishing, not fine print. Interview bias : Bias isn’t always obvious, especially during the hiring process. Quick look: To succeed, small companies must grow.
Insperity
MARCH 25, 2021
If you’re considering entering into an agreement with a professional employer organization (PEO) , chances are you have questions about how PEO pricing works. To help you understand how PEO pricing works, let’s discuss these items first. To help you understand how PEO pricing works, let’s discuss these items first.
Insperity
OCTOBER 14, 2021
You probably know that a professional employer organization (PEO) can help you with benefits and payroll. Many PEOs offer several services that can be just as, if not more, beneficial to your employees and organization. Below are five little-known PEO services to consider before you choose a company. Compensation services.
Extensis
JULY 6, 2022
Quick look: While professional employer organizations (PEOs) are known for services like benefits and payroll, they can provide so much more. Here are four lesser-known PEO offerings, from recruiting to employee surveying, that can help businesses attract and retain talent and develop data-driven processes. Recruiting services.
Insperity
SEPTEMBER 30, 2021
Hiring at scale, offering attractive benefits, maintaining the organization’s culture and complying with regulations all require more time, expertise and technology infrastructure as a company grows. Let’s take a closer look at how a PEO can address those unique challenges through a more robust HR infrastructure.
Extensis
SEPTEMBER 2, 2022
Here we explore the importance of payroll, how a PEO’s payroll experts impact SMBs across the country, and all the other ways PEOs help businesses, too. PEOs vs. payroll service providers: what’s the difference? Payroll at a PEO. Comprehensive recruiting services. Benefits administration and management.
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