What is a PEO? | Why use a PEO?
Автор: Eagle Employer Services
Загружено: 2019-06-30
Просмотров: 515
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PEO's allow businesses to outsource the management of Human Resources, Payroll, and Workers' Compensation.
What is a PEO? Why use a PEO?
PEO Stands for Professional Employer Organization.
PEO's assume responsibility for payroll tax compliance, health benefits, and unemployment insurance claims.
What are the benefits of using a PEO?
PEO's reduce the administrative burden on your company.
There are more than twice as many employment laws and regulations now than in 1980.
A PEO lets you focus your attention on growing your businesses rather than completing back-room paperwork.
PEO's help businesses retain employees!
47% of employees say retirement benefits are an important reason to stay at their job.
98% of PEO's offer some kind of retirement plan.
16% of companies with 10 employees or less sponsor their own retirement plans.
PEO's help businesses owners bottom line.
Non-PEO companies spend at least $1,500 per employee on HR administration.
100% of PEO's offer compliance assistance on HR regulations.
Better Business Growth Potential.
Lower cost for greater HR service expertise.
Employment of PEO customers is more than 7% higher than at other small businesses.
Employment growth for PEO clients is 9% higher than for other small businesses since 2010.
For more information, contact Eagle Employer Services.
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