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Better EmployeeBenefits and Experience. Partnering with a PEO means that you will benefit from a wide range of employeebenefits at cheaper rates. As a small or medium-sized business, having access to large-business benefits can be challenging since you need to be popular and reputable enough to qualify.
Typically, a PEO can manage all the HR jobs that you would have to outsource to multiple service providers – like payroll processing, benefit plan management and administration, recruiting and training, and more. The PEO becomes your one-stop shop for: Employeebenefits. Recruiting support.
According to a recent study by HBR , 80% of employees say that benefits are a significant factor in deciding whether to accept a job offer, and 60% of employees report that benefits are a major reason for staying with their current employer. What are employeebenefits?
Offering an attractive employeebenefits package helps lure top talent and encourages the retention of your best team members. Presenting a good employeebenefits package often gives one employer an edge over another, especially in cases where basic salaries are relatively equal. There’s no one-size-fits-all answer.
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