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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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Crucial HR KPIs to measure in today’s workplace

Insperity

In addition to recruitment costs, salary offsets for employees who live in areas with a lower cost of living could represent a savings on the balance sheet over time. For example, a hire in California may command a $100,000 salary, but a comparable hire in Tennessee may only cost $60,000. Do they believe they are paid well?

Health 87
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8 ways HR expertise helps facilitate business growth

Insperity

This can be done by explaining the big vision and the reasons behind change, helping employees to understanding why changes are necessary and how they support the future direction of the business. Avoid building out their HR department, which can be costly when several individual annual salaries and benefits are factored in.

Health 97
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5 PEO services you might not know exist

Insperity

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. Did you know that a PEO may offer compensation services, beyond salary surveys?

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5 PEO Services You May Not Know Exist

Insperity

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. You may not realize that a PEO may offer compensation services, beyond salary surveys.

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What makes a good workplace that gets employees to stay?

Insperity

Pay attention to your company culture and mission, vision and values. There is a direct connection between your company culture , mission, vision and values and your employees’ happiness and tenure. Evaluate your mission, vision and values. How do you want employees and other stakeholders to think of your organization?

Health 114
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How to tackle wage growth and remain competitive in a tough market

Insperity

Anyone involved in hiring and retaining employees is torn between important and seemingly contradictory objectives: Address employees’ pain and concerns about the increased cost of living so you can prevent them from disengaging or leaving the company in search of a higher salary elsewhere. ( Ensure fiscal sensitivity for the organization.

Salary 102