What businesses can benefit from using a PEO?

Explore the types of businesses that should take advantage of utilizing the valuable services of a PEO

 

Many businesses from different industries are using a PEO to assist their team in HR-related tasks and functions. PEOs can bring many benefits to businesses of various sizes and in various industries.

 

Continue reading to learn more about what types of businesses can benefit from PEO services. 

 

 

Why small and medium sized businesses benefit from a PEO

PEOs work best with small to midsize businesses, which typically means businesses with 5 to 99 employees. Many PEOs will not work with businesses that have less than five employees. 

 

PEOs can assist small and medium sized businesses with a wide array of HR related functions to save time and ensure they’re staying compliant with regulations. 

 

Labor and employment can be complex to keep up with, especially for small business owners who often juggle different responsibilities in day-to-day operations. PEOs help their clients’ businesses remain compliant in both state and federal employment laws. PEO professionals are also human resources experts, meaning they are able to keep updated about any employment law changes as soon as they occur.

 

A PEO can help your business handle daily HR tasks more efficiently, while also improving productivity of other functions since you and your employees will be able to give them your full attention.

 

Onboarding and offboarding employees are also common functions that PEOs can assist with. Any business will have to onboard and offboard an employee at some time, and this process can confuse many business owners. However, it’s important to note that a PEO will not hire or fire employees on behalf of your business.

 

 

Learn more:

Does a PEO replace your business’s HR department?

 

 

Which industries would benefit most from working with a PEO?

While PEOs can partner with businesses in a wide variety of industries, there are some that most commonly use a PEO, including:

 

  • Restaurants and cafes
  • Hospitality and entertainment
  • Residential and commercial real estate
  • Doctors, dentists, and other medical and healthcare providers
  • Law firms, CPAs, and other professional service providers
  • Engineering and architecture firms
  • Private schools 
  • Auto body shops
  • IT service providers

 

PEOs work with a variety of businesses because they can offer industry-specific knowledge regarding HR functions and requirements.

 

 

Looking for a PEO in the Orlando area?

PER has provided outsourced HR services to small and mid-sized businesses across many industries in Central Florida for over 25 years.

 

We are committed to building lasting relationships with clients that find value in the services we have to offer.

 

Our comprehensive services include payroll management, human resources, benefits administration, workers’ compensation, and more.

 

 

 Ready to get started? 

Contact us today to learn more!

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