Benefits of Using a PEO Company

The benefits of using a PEO company are numerous, both for your company and your employees. The following is a list of the benefits of using a PEO company.

PEO Benefits for the business:

• Refocuses energy on revenue-generating tasks (sales, marketing, etc.)
• Controls costs
• Saves time and paperwork hassles
• Provides professional compliance (e.g. payroll, IRCA, EEOC)
• Reduces turnover and attracts better employees
• Claims management (e.g., workers' compensation, unemployment insurance)
• Provides better benefits package(s)
• Provides professional human resources services (e.g., employee handbooks, forms, policies and procedures)
• Reduces accounting costs
• Reduces some employer liabilities

PEO Benefits for the employee:

• Comprehensive benefits (that were unavailable without a PEO company)
• Better employer/employee communication
• Payroll is on-time and accurate
• Professional assistance with employment-related problems
• Professional orientation with an employee handbook
• Extends statutory protection to more employees
• Up-to-date information on labor regulations and workers' rights, worksite safety
• Efficient and responsive claims processing
• Online Access to Personal Data

Need Help Shopping a PEO? Check out our PEO Shopping Tools and HR Outsourcing Guidelines. Details.