If you’re considering working with a PEO (professional employer organization), you might be wondering how their fees work and how they make money. At NetPEO, we can’t speak for every PEO out there, but we do understand the industry and we know what practices are most common. First, some background: PEOs are different from insurance … Read More »
A PEO is a partner company that can give your employees better benefits, save you money, and take HR and compliance off your plate. It’s how you offer Fortune 500 benefits no matter what size company you are. PEO stands for professional employer organization. Your PEO acts as your workers’ employer for certain legal purposes, … Read More »
As a small company grows, you will eventually be required by law to provide health insurance for your employees. Under current US federal law, this happens when you have 50 employees or more, although many businesses will choose to do it sooner. Either way, once it’s time to get insurance, your company will have two … Read More »
PEO sale is industry shorthand for a PEO Sales Executive or PEO Sales Consultant, the person in charge of selling a PEO’s services and making sure that clients’ needs are met. In many ways, this position is similar to an account manager, but because most clients are C-suite at growing businesses, it requires a strong … Read More »
Many companies, especially smaller businesses, can struggle to provide HR services on par with larger corporations. One solution for this issue is to sign a co-employment agreement with a PEO, or professional employer organization. There are many services that a PEO can provide for a client company — including HR administration services like recruitment, assistance … Read More »
Cost is one of the most important considerations when looking at a potential PEO (Professional Employer Organization) partner. For most companies considering PEOs, HR needs have become either costly or excessively complex, or the organization wants the risk-management benefits of having a professional handle HR. This means that the PEO has to make a case … Read More »
PEOs and staffing companies both offer HR solutions for businesses, but the sorts of services they provide are very different. PEOs offer a wide range of HR outsourcing solutions to ease the burden of paperwork for small- to medium-sized businesses. Staffing companies, on the other hand, offer one option for businesses looking to add workers … Read More »
Many people confuse an employee leasing agreement with the co-employment agreement that you sign when you partner with a PEO. After all, both arrangements can alter how you hire and retain employees. The difference lies with your responsibility to the employee under each type of agreement. If you decide that partnering with a PEO is … Read More »
If you’re considering partnering with a PEO, you may be curious how the relationship is going to affect your bottom line. After all, there’s no sense moving forward with the partnership if it’s not going to help your business grow. When it comes to comparing similar businesses, companies that partner with a PEO tend to … Read More »
If you run a business and are considering for expanding your operation, you may be curious about what options are available to help you. You may have heard about staffing agencies and PEOs but aren’t sure if they are the same thing. A staffing agency is a different sort of entity than a PEO, which … Read More »