So you’ve heard the word PEO before, but maybe you’re curious about the nitty gritty of what a Professional Employer Organization can do for your company.
PEOs help people manage the many headaches that come with running a small business, including benefits, payroll administration, state and federal compliance, and human resources. Instead of having to deal with all those issues separately, national PEOs handle them as an all-in-one service.
We’ve written an eBook that gives a quick and easy overview of the PEO model. You can get it here.
This eBook gives an overview of:
The history of PEOs in the United States
Understanding how PEOs work
The risks of incorrect payroll procedure and tax code practices
Co-employment agreements
Healthcare with PEOs
Who can benefit from a PEO
How to choose the right solution for your company
Becoming part of a PEO might be the right fit for your company, depending on the number of employees you have and the types of benefits, rates, and services you’re looking for. Here are some services a PEO commonly provides:
Regulations have spiked in the past several years, with over 854 new rules directly affecting small businesses. Between FICA, the Occupational Safety and Health Act, Older Worker Benefit Protection Act, Veterans’ Reemployment Act, and WARN Act, a PEO can help you keep legality and compliance straight.
PEOs bundle companies together to get enterprise-level benefits for small businesses. That means your company can get up to 30% less than what you’d normally pay as a small business.
With payroll administration and benefits and compliance overview off your hands, you’ll be able to focus on what you set out to do in the first place: run and grow your business.
Scale your business and build your team — no matter which way it grows. Access the tools, perks, and resources to help you stay compliant and grow in all 50 states.