NAPEO Digital Story

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Professional Employer Organizations

Look, we get it.

Running a successful business is more than simply having a great idea. It’s often the things you didn’t consider when you decided to incorporate — benefits, compliance, employee turnover… the list goes on — that impede your company’s growth.

But is shouldn’t have to be that way.

Professional Employer Organizations (PEOs) offer the expertise of a full Human Resources department. Companies that use a PEO:

Grow faster
Have happier, more engaged employees
See an increase in revenue and profits
And would recommend a PEO to you!

(That list goes on, too)

Discover how a PEO can help you to get back to why you started your business in the first place.

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PEO solutions

Employee Turnover

Employee turnover is the highest it’s been in over a decade, making difficult for companies to sustain growth.

Growth

Entrepreneurship has shown a steady decline for nearly 40 years, as young companies struggle to grow and compete.

Risk & Compliance

The complex regulatory environment is difficult to navigate for businesses who don’t have a compliance or HR department.

Employee Engagement

Businesses struggle as they compete to offer top-notch culture and working environments, workplace policies, and benefits packages.

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PEOs Offer The Peace Of Mind That Comes With The Expertise Of A Full-Service HR Department

Successful Businesses Are More Than Just Great Ideas

PEOs offer a wide range of services to meet the diverse demands of America’s growing businesses.

Human Resources

Most businesses do not have dedicated employees to handle human resources—and most business owners don’t have the know-how to handle these necessary functions. As a result, business owners risk large fines and costly litigation. PEOs provide businesses with big company services that would otherwise be unavailable to them.

Employee Benefits

Impressive benefits packages attract and retain top talent, but many companies simply can’t afford to offer these programs. PEOs enable these businesses to compete with the established companies that otherwise attract top talent.

Risk & Compliance

The average business can't afford to hire a compliance officer, which leaves them at risk for large fines and costly litigation. PEOs help businesses remain compliant with ever-changing state and federal regulations to avoid costly non-compliance infractions and litigation.

Payroll

Is an employee entitled to overtime? Guessing wrong can be costly. Payroll can be confusing, time consuming, and unrealistic to maintain for business owners. PEOs offer sophisticated payroll systems that enable business owners to focus on revenue generation and not worry whether their employees are getting paid.

Employee Engagement

With the integration of a PEO, businesses are equipped to provide employees with benefits packages and company culture that make them competitive and drive up overall employee satisfaction.

PEOs Are A Growth Strategy For America’s Businesses

PEOs are proven to accelerate growth and increase profitability

The reality of maintaining a business is more than just execution.

Businesses must account for HR, payroll, employee benefits, and compliance services. But these cost money and take time away from direct revenue-generating functions.

PEOs offer a partnership to growing businesses by tackling these services—enabling growth by allowing businesses to focus on increasing their bottom line.

And the results are clear …

Businesses that use PEOs grow 7 to 9 percent faster than businesses that don’t.
Source: McBassi & Company

7-9 %

Annual median revenue growth for companies that use a PEO is double businesses that don't.
Source: McBassi & Company

2x
growth

Expected annual median revenue growth for businesses that use a PEO is 40 percent greater than businesses who don't.
Source: McBassi & Company

40 %

Companies using a PEO are 50 percent less likely to go out of business than businesses that don’t.
Source: McBassi & Company

50 %

Ensuring Employees Remain Happy Employees

Professional Employer Organizations allow companies to scale by helping them attract and retain top talent. 98 percent of PEO clients would recommend a PEO to a small business.

With employee turnover at a near decade high, businesses are struggling to find and retain the talent they need in order to grow.

PEO’s allow businesses to offer attractive benefits packages, employee training programs, and top-notch culture that make it possible to recruit the best candidates and ensure current employees are happy and engaged.

Companies that use a PEO see lower rates of employee turnover.

Record employee turnover is costing U.S. businesses $11 billion each year
Source: Inc Magazine

Companies using a PEO have 10-14% lower employee turnover
Source: McBassi & Company

Employees working at companies that use a PEO are more likely to report that their employer:

Demonstrates a commitment to them as employees
Has good hiring practices
Has good HR policies and practices
Does a good job of designing jobs
Provides employees with good training and development opportunities

35 percent of employees viewed retirement benefits as an important reason they decided to work for their current employer.

47 percent of employees cited retirement benefits as an important reason to stay with their current employer.

98 percent of PEOs offer some type of retirement plan to their clients.

Source: McBassi & Company

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Find a PEO To Accelerate The Growth of Your Business

Choose a PEO and find your growth partner today

To find a PEO doing business where you are, search by state below, or enter a specific company name. Then review the listings and company descriptions and request a proposal from the companies that fit your needs.