Are You a Good Candidate for a PEO?
When you’re choosing to work with a Professional Employer Organization, or PEO, you’re taking an important step towards optimizing both costs and productivity for your company, so it is not something to be taken lightly. A quality PEO, like Professional Employer Resources, offers a host of benefits that help optimize efficiency, but it may not be for every business.
Who Benefits from a PEO?
Big or small, a business of any size can benefit from the services of a PEO which helps greatly reduce the administrative burden of running a business by handling tasks like payroll, taxes, and workers’ compensation. A PEO handles these day-to-day tasks, allowing you to pay more attention to growing your business for success. If any of the following applies to you, a PEO partnership may be beneficial:
- You want or need to alleviate your administrative workload – Tasks like filling out administrative paperwork, filing forms, managing workers’ compensation cases, handling employee onboarding, and answering administrative questions can be handled by a PEO, giving your team more time to focus on the success of your business.
- Better employee benefits and more affordable insurance is appealing to you – If you own a small business, going through a PEO for your insurance needs often yields lower costs than other options. This is because a PEO is an employer of record for many employees in addition to those of your company, allowing them to secure better rates and benefits than a small company can on their own.
- You want to take the headache out of compliance or tax filing – The amount of research, knowledge, and attention to detail required to accurately file compliance and taxes can be too much for an internal human resources department to handle on their own. Regulations are constantly changing, and missing even a small detail can result in large penalties.
If you’re looking to grow your business as efficiently as possible, with the least amount of administrative-related headaches, a quality PEO like Professional Employer Resources can help. Our experts will get you the services you need to help get you focused on the aspects of your business that really matter. Call us today at 888-599-4991 with any questions.