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.
Payroll PEO Recruiting metrics 
4 Ways PEO Solutions Benefit Medical Practices
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
Trending Sources
Future-ready HR: The versatility of full-service PEO partnerships
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.
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A Small Business’s Guide to Hiring Seasonal Employees
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?
What is Employee Leasing and How Does It Differ from PEO?
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.
5 HR Benefits PEOs Offer Non-Profit Organizations
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?
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Certified PEO
Zenefits
JUNE 13, 2023
Outsourcing HR functions like payroll administration offers business owners more time to focus on customer service and growth. Potential cost savings are another benefit. Larger companies are also increasingly turning to PEOs. Larger companies are also increasingly turning to PEOs. What is a certified PEO?
8 ways HR expertise helps facilitate business growth
Insperity
OCTOBER 8, 2024
Tactical HR refers to routine, day-to-day administrative tasks, such as processing employee paperwork and handling payroll.) How well you do HR can determine whether your company’s growth happens as quickly and cost effectively as desired and is ultimately successful. Rushed hiring decisions that result in hiring the wrong candidate.
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Professional Employer Organization (PEO): Right for Your Business?
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.
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HR Year-End Checklist: 10 Critical Areas to Assess
Extensis
DECEMBER 5, 2024
Employee records Updating and maintaining current employee records is more than just a housekeeping routine—it’s a foundational practice that supports payroll accuracy and helps your company avoid potential litigation. Payroll Closing your business’s books at the end of the year is imperative.
HR Strategy is crucial in times of crisis.
Tandem HR
APRIL 29, 2020
There are many reasons an organization doesn’t have the amount of HR help they really need, but what we do know is that those organizations that have prioritized HR by partnering with a PEO are ten steps ahead of the game. Because PEOs are helping small businesses through this pandemic. PEOs assist with rapidly changing employment law.
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HR Outsourcing Trends and Statistics SMBs Should Know
Extensis
APRIL 11, 2023
Payroll processing businesses : Companies that partially or entirely take over payroll processing duties on behalf of other businesses. Executive recruiting firms : Organizations that specialize in helping businesses fill executive, upper management, and other senior-level positions.
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Does Your Business Need An Employer Of Record? Â
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.
PEO Costs: Does PEO Make Sense for Your Business?
Zenefits
JUNE 12, 2023
A professional employer organization (PEO) provides a range of services to companies that want to outsource human resources administrative tasks. Many PEOs employ certified employee benefits specialists and certified payroll professionals. PEOs and their clients are considered co-employers. Recruit, hire, and fire staff.
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What Brokers Can Be Thankful For This Year
Extensis
NOVEMBER 20, 2023
Thankfully, market trends are pointing toward a continued need for benefits and PEO brokers, and the right HR outsourcing partner can help them continue to meet those demands. Talent acquisition The job market may be cooler than this time last year, but hiring remains a top priority, according to HR Dive research.
Top HR Challenges Found in HR Dive’s 2022 Identity of HR Report
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. According to the data, HR service vendor use increased in nearly every category: Payroll services jumped 15% year-over-year (from 53% of respondents using the services in 2021 to 61% this year). Ongoing recruiting struggles.
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PEO vs. Payroll: Comparing Professional Employer Organizations to Standard Payroll Service Providers
Zenefits
JUNE 7, 2023
Payroll management can rank high among the tasks business owners dread most. So much so that 53% of companies recently surveyed said they outsource some or all of their payroll operation.¹ Many organizations hire a payroll service to handle this responsibility. What is PEO? What is a payroll service provider?
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HR For Small Business: Should I Go With In-House HR Or A PEO?
Genesis HR Solutions
JANUARY 23, 2023
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. Option 1: Hire an additional full-time staff member. It’s unrealistic to think that a single hire can handle the entire HR function.
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What PwC’s Medical Cost Trend Report Tells Us About Healthcare Headed Into 2023
Extensis
NOVEMBER 10, 2022
medical cost trend in 2022. PricewaterhouseCoopers (PwC) recently released a report projecting a slightly lower medical cost trend than 2021, as well as a prediction for a return to spending costs pre-pandemic. Persistence of COVID-19 costs. In the short term, these investments will likely drive higher medical costs.
Deciding Between an ASO vs. PEO? Understand the Differences
Zenefits
JUNE 9, 2023
In a recent survey, 61% of respondents said they outsourced payroll and 56% said they outsourced benefits.¹ Many small and midsize businesses may want to avoid incurring the costs of running a full Human Resources department. What is a PEO? These include: Payroll services and administration. Unemployment taxes.
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For Brokers: Helping Clients Navigate HR Risks
Extensis
SEPTEMBER 26, 2022
Luckily, with a PEO partnership in their pocket, brokers can step in as trusted advisors and help their clients remain compliant. Here are some questions to consider asking: How are you managing payroll? Are you sure your payroll solution is compliant? Can you achieve greater cost savings on benefits as the company scales up?
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4 Ways Start-Ups Can Implement Affordable HR
Cornerstone On Demand
FEBRUARY 12, 2018
Hiring an HR professional is typically at the bottom of a start-up's to-do list despite the very real risks forgoing this "to-do" poses. The overwhelming logistics of employee relations often drive start-ups to outsource HR functions to a professional employer organization (PEO). So what do start-ups do in the meantime?
First Friday Series: Tough Times Ahead for Small Business?
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.
HR Lineup - Untitled Article
HR Lineup
JULY 16, 2023
EOR is a popular business model that helps employers manage their workforce by taking on certain responsibilities related to human resources and payroll. An Employer of Record (EOR) is a third-party entity that assumes certain responsibilities related to human resources and payroll for another company.
20 Top HR Technology Trends in 2024
HR Stacks Blog
AUGUST 13, 2024
Employee Engagement Applications HR professionals are shifting their focus on utilizing employee engagement applications to create a positive environment at work aimed at increasing the overall productivity of the employees and reducing the rate of attrition. Around 30% of office space is said to be reduced by companies accordingly.
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What Challenges Do Companies Face in Hiring Software Developers in LATAM?
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.
IFEBP Study Shows 40% of Companies Are Outsourcing Their Benefit Functions
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.
National Payroll Week 2024: All About PEO Payroll Services
Extensis
SEPTEMBER 3, 2024
Quick look: It’s National Payroll Week, an important time to honor payroll professionals’ work to keep the country operating smoothly! 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.
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National Payroll Week: Why Payroll at a PEO is Different
Extensis
SEPTEMBER 2, 2022
Quick look: It’s National Payroll Week – an important time to honor the work that payroll professionals do to keep the country operating smoothly! 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.
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PEO vs HRO vs ASO: Outsourcing Human Resources for Your Business
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?
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The Real Costs of Recruiting
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.
PEOs and HR Managers: The Perfect Partnership
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?
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Internal Recruiting: Best Practices for Hiring From Within
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.
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NAPEO Reports PEOs Are a Game Changer for SMB Success
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%
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How to Avoid Costly Mistakes When Hiring Remote Workers Internationally
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. Payroll (and method of payment).
Have you outgrown your PEO?
PeopleStrategy
NOVEMBER 14, 2017
Some companies choose to work with Professional Employer Organizations (PEOs) to handle their HR activities. Under the arrangement, the PEO becomes co-employer with the organization and takes responsibility for payroll, benefits and tax functions, and often also other main HR tasks. The post Have you outgrown your PEO?
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PEO Services vs Human Resources Outsourcing
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.
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Can you outgrow a PEO? Why middle market businesses partner with PEOs
Insperity
JULY 13, 2021
If your HR department is tied up with those basic functions in a growing business, then they will have limited time to work on more strategic initiatives such as: Leadership development Employee recruitment and retention Employee engagement. The PEO value proposition for middle market. Why middle market businesses partner with a PEO.
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How professional employer organization (PEO) pricing works
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.
How Does HR Outsourcing Reduce Costs?
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.
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Benefits of a PEO Explained (NCTV17 Interview)
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.
4 PEO Services That May Surprise You
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.
An Untapped Talent Pool: Why SMBs Should Hire Military Spouses
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
Best HRIS systems for small businesses
HiBob
OCTOBER 17, 2024
ADP ADP provides an online HRIS and payroll solution that supports benefits administration, compliance, and tax withholding management. For small businesses, ADP offers functionality such as payroll, professional employer organization ( PEO ) services, time and attendance tracking, and business tax credits.
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