Professional employer organizations, or PEOs, are becoming more common among businesses everywhere for a variety of reasons. These organizations provide benefits both for employees and for the businesses themselves, making them a popular choice for companies that want to increase profitability, raise employee morale and enjoy other advantages.
According to a recent report released by the National Association of Professional Employer Organizations:
When compared to employees working in businesses without PEOs, employees in businesses using a PEO were more likely to report that their employer:
Employee satisfaction and confidence in the management of the company is also higher among employees of PEO clients. Specifically, employees working for companies using a PEO reported higher levels of engagement, were more likely to believe that the employer is taking the right steps to be competitive, were more likely to intend to remain with their current employer until retirement and were more likely to have confidence in the employer’s approach to grow the company.
If you’re a small business struggling to secure attractive benefits for your employees and potential hires within your budget, consider working with a Professional Employer Organization. A PEO can make your business look much larger than it is to an insurance company, allowing you to access better benefits at lower rates. Not sure if a PEO is right for your business model? Contact us at (855) 792-2808. We’re available to answer your questions and help you learn more about how a PEO can benefit your company.
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“Without the use of their PEO service expertise, and website resources, I don’t know what I would have done.”Charley D. – St. Augustine, FL
“Applied Business Services saved me and my company so much money on all of our PEO service needs. Highly recommended to anyone in the market!”F. Reynolds – Jacksonville, FL