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Through a powerful model known as Co-Employment, PEOs handle vital HR functions from payroll, benefits, compliance, 401k, and HR support; allowing you to concentrate on your core business.
They leverage their collective purchasing power to secure competitive rates on health insurance, retirement plans, and other benefits; enabling business to attract and retain talent.
Furthermore, they possess expertise in navigating complex employment law and regulation, reducing both risk and cost of penalties. PEOs provide scalability through HR infrastructure and opportunity to focus on culture and organizational goals.
Companies leveraging a PEO grow 7-9% faster due to the ability to attract and retain key talent and streamline the operations of the business.*
*NAPEO (National Association of Professional Employer Organizations)
Companies using a PEO report 10-14% lower turnover due to increased employee engagement and a more robust benefits package*
*NAPEO
Companies cite a 27% reduction in employee-related expenses due to lower cost of healthcare, other benefits, and systems consolidation.*
*NAPEO
Companies in a PEO relationship experience a 50% lower failure rate.*
*NAPEO
Oct 8, 2024 by Ryan Shapiro
Aug 6, 2024 by Ryan Shapiro
Aug 2, 2024 by Ryan Shapiro
Jun 25, 2024 by Rick Johnson