Businesses that use professional employer organizations (PEOs) for HR, benefits, and compliance have a significantly higher rate of business survival and a lower rate of employee turnover than businesses that don’t use PEOs, according to a new study released today by the National Association of Professional Employer Organizations (NAPEO) at its annual conference in Miami. The […]
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By Nicole Fallon @ BusinessNewsDaily Hiring an employee is a huge commitment for any company. Whether an employer is looking to fill a part-time or full-time position, there are quite a few time and monetary investments to make, including recruitment, interviewing, payroll taxes, training and benefits administration. For startups and small businesses, the hiring process can stretch […]
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Since 1995, the percentage of Johnson & Johnson employees who smoke has dropped by more than two-thirds. The number who have high blood pressure or who are physically inactive also has declined—by more than half. That’s great, obviously, but should it matter to managers? Well, it turns out that a comprehensive, strategically designed investment in employees’ […]
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“Conformity is the jailer of freedom and the enemy of growth.” ― John F. Kennedy Kennedy was writing about the need to break apart from the competition in order to grow. In order to break apart, you need to first focus on your core competencies. According to a NAPEO study, companies that hire Professional Employer Organizations have […]
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A professional employer organization (PEO) is a firm that provides a service under which an employer can outsource employee management tasks, such as employee benefits, payroll and workers’ compensation, recruiting, risk/safety management, and training and development. The PEO does this by hiring a client company’s employees, thus becoming their employer of record for tax purposes and insurance purposes. This […]
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High tech companies have always been known intense competition not just for advances in technology, but also for critical talent that can change the direction of an entire company. Organizational growth and changing markets place high demands on management for HR and operational issues, which can have compliance implications. Tech companies partner with PEO’s in order to compete […]
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When a restaurant considers outsourcing its HR functions, it normally takes into account some estimated employee benefits cost advantages. But many of the advantages go beyond having your employees take advantage of group benefits rates through the PEO company. By using an outsource, restaurant owners can relieve themselves of the costly administrative burdens of managing: […]
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Once upon a time, most HR departments provided one-stop shopping for employees with questions or concerns about benefits, hiring, training, complaints, colleagues, etc. For leaders, HR was the place to go for recruitment, retention and terminations. HR is a critical function and most companies handled it in-house. That’s all changing very rapidly. Today an estimated […]
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In the past few years, the outsourced HR industry has grown to an estimated $165 billion annually. Since its founding in 2010, vegetarian food producer Beyond Meat has grown into a company with 50 employees in three states. Their product is available in every Whole Foods in America and Western Canada, with a conventional grocer […]
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Is your company currently with a PEO, but you don’t believe that you are getting the best service and insurances possible? We make the process of finding a new PEO a simple task for your company. Since we work with many different PEO’s, we only have to take your information once and then we can […]