How Does A PEO Work?

Posted by Anna Leo Holder. MBA on Jun 22, 2020 1:45:00 PM

Professional Employer Organizations (PEOs) have been around since the 1960s and have continued to evolve and gain in popularity. Yet today, 54% of business decision-makers are unfamiliar with PEOs, and even more, don’t fully understand how they work. What a shame!

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Topics: PEO Services, PEO, Co-employment, PEOs

What is a pre-employment background check?

Posted by Nannette Madera, PHR on Jan 31, 2020 2:15:35 PM

If you’re wondering whether to conduct a pre-employment background check before hiring a candidate, the answer is YES.

A pre-employment background check is a step in the hiring process that companies use to verify that a candidate is who they claim to be. It provides an opportunity for the person's criminal record, education, employment history, and more to be reviewed.

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Topics: PEO Services

How PEO and Staffing Services Pair to Solve Business Challenges

Posted by Anna Leo Holder. MBA on Aug 9, 2018 11:00:00 AM

Professional Employer Organizations (PEOs) and staffing companies both support employers with specialized services to relieve administrative burdens, solve business challenges and enhance success. They do this in different, yet complementary ways. How do you know whether and when it’s best to leverage the services of a PEO and/or staffing company? Here’s a quick look at both models to help you successfully blend these services.

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Topics: PEO Services

Quiz: Is it Time to Partner with a Professional Employer Organization?

Posted by Jaime Moore on Jul 31, 2018 11:00:00 AM

Responsibilities can mount for owners of growing businesses and, in areas like human resources, many of those responsibilities don’t align with core business functions. It can be difficult to keep up with employment laws, manage HR risks and liability, handle payroll and payroll taxes and administer employee benefits, all while keeping the business humming.

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Topics: PEO Services

Florida PEO Trends in 2018

Posted by Anna Leo Holder. MBA on Jul 10, 2018 9:30:00 AM

Florida Professional Employer Organization (PEO) companies comprise about 14% of the industry, with close to 50 PEOs across the state. Florida, along with Texas, has the most PEOs in the nation. PEOs help their clients manage their businesses more effectively, avoid compliance pitfalls to create key benefits for the business. This also frees up time for business owners, allowing them to focus on things that are core to the business, such as operations and strategy.

A recent PEO study in Florida Trend Magazine shows:

  • There are approximately 1,000 PEOs nationwide.
  • The industry’s gross revenue is between $136 billion and $156 billion.
  • PEOs have grown 15% to 25% in recent years.
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Topics: PEO Services

PEO Companies and 4 Advantages They Offer Small Employers

Posted by Anna Leo Holder. MBA on Jul 3, 2018 10:00:00 AM

PEO companies are advantageous for businesses of all sizes, from those that have only one employee to those that have hundreds. Small employers realize cost savings in outsourcing HR administration to a Professional Employer Organization because PEO companies spread costs across a larger pool of employees. With a PEO’s purchasing power and bundled services, employers often find that partnering with a PEO costs less than doing it alone or hiring the staff needed to cover all the bases.

With a long term PEO partnership, employers gain the benefits of deep HR support to manage and mitigate risk, lower rates on workers’ compensation insurance and relief from many of the administrative burdens of benefits and payroll administration. That means less time spent on HR management, fewer HR challenges and more time to focus on growing the business. Here are four advantages for employers:

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Topics: PEO Services

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