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Professional Employer Organization (PEO): Right for Your Business?

Business Management Daily

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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6 tips for employers in an employee’s market

Insperity

It’s one of the biggest challenges for company leaders for the foreseeable future: being an employer in an employee’s market. That’s why recruiting and retention are major focuses in an employee’s market. Post-pandemic, many people are reassessing their priorities and personal goals. Here are six tips to help.

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Benefits of a PEO for Small Businesses and Startups

Take It Personel-ly

A professional employer organization (PEO) handles all the administrative services that are needed for companies to expand their presence.

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The business challenges that make it hard to be an employer

Insperity

Employers have always faced a lot of business challenges. But if it seems like it’s harder to run an organization now than in the past, your perceptions are correct. Among the top business challenges for employers are those related to managing compliance and employment risk. Compliance and risk management.

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How to contain employee benefits costs (and why most businesses struggle)

Insperity

There’s no getting around it – employers pay a hefty sum to provide health care benefits for their employees. The average private-sector employer spends an average of $2.65 In 2021, employer expenses for health insurance are expected to rise by 3.9 An attractive benefits package is a valuable tool in recruiting top-tier talent.

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What Is Employee Leasing?

Patriot Software

Instead of directly hiring workers, the client company hires the services of a professional employee leasing organization. Also known as a professional employer organization (PEO), the leasing agency oversees everything from recruitment to HR administration.

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5 key co-employment nuances that employers must understand

Insperity

Co-employment is the legal structure that professional employer organizations (PEOs) and their client companies use to share HR responsibilities. As with any contractual relationship, it’s important that each party in the co-employment agreement fully understands all the nuances of the arrangement.