Benefits of a PEO for Small Businesses and Startups
Take It Personel-ly
OCTOBER 29, 2021
A professional employer organization (PEO) handles all the administrative services that are needed for companies to expand their presence.
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PaisleyHR: A PEO built for small business growth
FingerCheck
MARCH 19, 2024
Managing HR functions can be overwhelming in today’s dynamic business landscape, especially for small to mid-sized businesses. The need to stay compliant with evolving regulations, provide competitive benefits and ensure smooth payroll operations not only eat up time, but cost small business owners money.
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5 HR Benefits PEOs Offer Non-Profit Organizations
Extensis
MAY 30, 2023
That’s where professional employer organizations (PEOs) come in handy! In this blog, learn about five HR benefits non-profits can achieve with a PEO partnership. Non-profit organization leaders oversee numerous business responsibilities to ensure their mission needs are met. What is a PEO?
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Fingercheck Launches PaisleyHR, Its New PEO Product to Help Small Businesses Grow With Confidence
FingerCheck
MARCH 14, 2024
A recent NAPEO report revealed that 81% of SMBs without a PEO solution express newfound interest. The data underscores the significant impact PEOs have on small- to medium-sized businesses today. PaisleyHR is available today for companies based or headquartered in New York.
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Talent Management vs. Performance Management: What’s the Difference?
Extensis
NOVEMBER 9, 2023
Understanding their distinctions can help businesses align goals, implement targeted development programs, and unlock the full potential of their employees and organization. By nurturing employees, businesses can foster a culture of innovation, engagement, and long-term loyalty.
What is Employee Leasing and How Does It Differ from PEO?
Extensis
JANUARY 4, 2023
Quick look: A PEO partnership can help small businesses grow, stay compliant, offer competitive benefits, and retain valuable employees. However, some organizations shy away from a PEO out of fear that a co-employment relationship is the same as employee leasing. However, the PEO does not supply workers to their client.
NAPEO PEO Awareness Survey and Q1 Small Business Snapshot: What the Numbers Mean
Extensis
APRIL 13, 2023
Quick look: The National Association of Professional Employer Organizations (NAPEO) recently released a market research survey illustrating the substantial rise in firms partnering with PEOs. Of those surveyed, PEO visibility increased 44% since 2018. The awareness and integration of PEO solutions has risen 44% since 2018.
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Why Small Business Owners Love PEOs
ScaleHRO
MARCH 30, 2023
If you are a small business owner, you know how hard it can be to manage all the different aspects of running your own business. That’s where Professional Employer Organizations (PEOs) come in. Let's take a closer look at why Professional Employer Organizations are great for small businesses.
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HR Outsourcing Trends and Statistics SMBs Should Know
Extensis
APRIL 11, 2023
Over the last few decades, a common trend impacting both large and small employers has been the growing complexity and difficulty of modern human resources (HR). Many large organizations have in-house resources to properly manage all aspects of HR administration—a luxury most small businesses don’t share.
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4 Small Business HR Issues PEOs Can Solve
Extensis
NOVEMBER 22, 2023
Quick look: While leading a small business is incredibly rewarding, it also has its hurdles. Luckily, professional employer organizations (PEOs) specialize in helping these companies not just resolve problems but perform better than before. Small Business Saturday is right around the corner!
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PEO for Small Business: How Startups Benefit from Working With a PEO
Helpside
APRIL 7, 2022
PEOs, or professional employer organizations, help businesses with payroll, HR, and other administrative duties. For smaller businesses, this aid can give a massive boost to their business success, especially in the early startup days. Here are some specific ways PEOs can help small businesses : .
Why Should Small Business Owners Consider PEO?
Extensis
MAY 1, 2023
Quick look: HR management can be a challenging aspect of running any business, but for small- and medium-sized businesses, the challenges can be even greater. But as we honor these businesses, it’s essential to recognize and address the unique HR challenges facing SMBs and provide them with the support they need to succeed.
What Brokers Can Be Thankful For This Year
Extensis
NOVEMBER 20, 2023
Thankfully, market trends are pointing toward a continued need for benefits and PEO brokers, and the right HR outsourcing partner can help them continue to meet those demands. Additionally, HR Dive’s latest Identity of HR report discovered over half (57%) of surveyed businesses utilize benefits outsourcing/consultants.
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Report: HR Trends 2024 – Navigating the Future of Work
Extensis
DECEMBER 20, 2023
Today’s business landscape is highly competitive, meaning organizations must brush up on and adapt to the latest HR trends. In the ExtensisHR 2024 Trends Report, review the top 10 latest industry developments and the steps your business can take to succeed, straight from our internal thought leaders.
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6 common PEO myths debunked
Insperity
JULY 27, 2021
Are rumors about companies that have had professional employer organization problems keeping you from hiring a PEO? But let’s take a close look at six myths about PEOs. Myth 1: “I’ll lose control of my business.”. But rest assured — a PEO is employer for certain purposes only (e.g.,
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5 Common HR Issues for Small Businesses and How to Solve Them
Extensis
APRIL 4, 2024
Quick look: The role of human resources (HR) departments continues to expand, especially for small businesses, which look to their HR professionals to manage the full employee lifecycle and wear multiple hats each day. HR teams are the engines that keep businesses moving. If you’re encountering HR issues, you’re not alone.
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Top HR Challenges Found in HR Dive’s 2022 Identity of HR Report
Extensis
OCTOBER 19, 2022
Here, take a closer look at these challenges and how brokers can join forces with a PEO to help clients succeed. This year has been busy for HR professionals, and many businesses encountered a rising need to outsource HR tasks. The survey also explored which businesses were implementing which outsourcing services.
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Tandem HR Acquires QTI’s PEO division
Tandem HR
SEPTEMBER 14, 2021
Tandem HR announced the acquisition of The QTI Group’s Professional Employer Organization (PEO) division on August 31, 2021. The QTI Group is a privately owned human resources and staffing organization providing staffing, recruiting, compensation consulting, and outsourced HR to businesses headquartered in Wisconsin since 1957.
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How a PEO Can Reduce Risk for Small Businesses
Helpside
NOVEMBER 1, 2022
In addition to these risks, there are many liabilities that small businesses are susceptible to related to employment law and compliance. Managing all these risks to your business is a huge undertaking. Though it is possible to do this on your own, there are many benefits to utilizing a PEO for your risk management needs.
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Cannabis HR – Who To Trust
Tandem HR
NOVEMBER 1, 2023
However, cannabis business owners find the lack of federal recognition, evolving state laws, and outdated tax codes challenging for business. Navigating HR Challenges Cannabis business owners require the same level of support as any other enterprise, encompassing crucial human resources (HR) assistance.
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HR Strategy is crucial in times of crisis.
Tandem HR
APRIL 29, 2020
COVID-19 has made a significant impact on business as we know it. Some small and mid-sized businesses, however, may not see HR strategy as a top priority. It could be due to lack of an internal HR department or complacency because their business has run smoothly thus far without much HR assistance.
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How a PEO Provides Growth Opportunities for Small Business
Tandem HR
MARCH 8, 2022
This one is for the small business owner. If you are not a small business owner yourself, pass this article along to one you know. Many small (or even mid-sized) business owners wear multiple hats. However, not all small businesses can afford all the bells and whistles of a full-service HR team.
Wondering how to choose a professional employer organization (PEO)? Ask 7 questions
Insperity
SEPTEMBER 14, 2021
Choosing the right professional employer organization (PEO) for your company is a huge project. A mismatch between your company’s culture and that of your PEO, or partnering with a financially unstable PEO, can spell trouble both for your company and your employees. Are you a certified PEO?
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IFEBP Study Shows 40% of Companies Are Outsourcing Their Benefit Functions
Extensis
OCTOBER 19, 2023
This collective call for support gives brokers and PEOs an opportunity to work together to help clients ease their HR burden and prolong business growth. Therefore, business leaders are turning to brokers for advice on ways to save on costs without compromising the value of their offerings.
Are HR Departments A Requirement For Small Businesses?
Genesis HR Solutions
JUNE 27, 2022
Technically, the answer is no —they’re not required for a small business. But for a successful small business, an HR function is required. In this article, we explain why you need an HR function for your business, no matter the size, but also what it means to have an HR function. Are HR departments required?
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PEO for Small Business? Yes, Yes, and Why.
Zenefits
JUNE 9, 2023
All small business owners should know about professional employer organizations (PEOs), which enable companies to outsource their human resources responsibilities. A PEO for small business can help the company save money and reduce employee turnover. What is a PEO? Why use a PEO for small business?
How Global HR Services Can Support International Teams
HR Tech Girl
FEBRUARY 21, 2023
Global HR services open your business up to a wider talent pool, connecting you with qualified candidates from across the world. Global HR services help small to mid-sized companies access top talent from other geographic areas without having to set up a legal entity in each country within which an employee resides.
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PEO Companies Vs. 4 Alternatives
Genesis HR Solutions
JUNE 6, 2022
In this article, we’ll pick apart these acronyms (plus several other related terms) so it’s clear what they all mean, and point out how each of these alternative human resource services compares to PEO companies. How PEO Companies Compare To 4 Alternatives. Professional Employer Organization (PEO): A Definition. PEO vs. ASO.
PEO Costs: Does PEO Make Sense for Your Business?
Zenefits
JUNE 12, 2023
A professional employer organization (PEO) provides a range of services to companies that want to outsource human resources administrative tasks. Many PEOs employ certified employee benefits specialists and certified payroll professionals. PEOs and their clients are considered co-employers. Or, they may charge per service.
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A look inside HR at a small business
HR Brew
FEBRUARY 14, 2024
Because small businesses are, well, small, Larsen said HR can more easily prioritize the needs of both executives and employees, treating everyone as an equal stakeholder. Small biz HR tech. Justworks] cater[s] to small companies and gives us resources that we wouldn’t typically have,” Larsen said.
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Why Should Small Business Owners Consider PEO?
Extensis
MARCH 5, 2019
When HR becomes too challenging for a small business to handle on their own, working with a professional employer organization (PEO) could be the perfect solution.
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What Is a PEO, and How Can It Benefit Your Business?
Zenefits
MARCH 1, 2022
As any small business owner knows, there are approximately a million things that need your attention every day and a PEO can help. Everyone wears multiple hats to address everything from unique issues like the COVID pandemic to evergreen problems like how to handle human resources at a small company. What is a PEO?
How PEOs Can Help Small Businesses Stay Afloat During the COVID–19 Outbreak
HR C-Suite
APRIL 28, 2020
The current erratic economic landscape leaves businesses craving the resources to establish stability. A PEO (professional employer organization) offers support to small and medium-sized businesses. Businesses form a joint-employment relationship with PEOs to share employee related responsibilities and liabilities.
Justworks Raises USD $50 Million for SaaS PEO Focused on Small Businesses In a Segment With Stiff Competition
WorkTech
JANUARY 28, 2020
Justworks remains focused on being a tech-enabled Professional Employer Organization (PEO). The PEO model is popular with companies having less than 50 employees. The post Justworks Raises USD $50 Million for SaaS PEO Focused on Small Businesses In a Segment With Stiff Competition appeared first on HRWins by LAROCQUE, LLC.
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The Benefits of a PEO for Small Businesses
Paychex
MAY 19, 2016
Small businesses across the U.S. may enjoy wide-ranging benefits by entering into a PEO co-employer relationship. Here's what your business may be missing.
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Q4 NAPEO Small Business Snapshot Shows Signs of Stability for the New Year
Extensis
JANUARY 30, 2024
Quick look: Following a few years of drastic ups and downs, the National Association of Professional Employer Organizations (NAPEO) 2023 Q4 Small Business Snapshot shows promise of relative economic stability, ending the year on a high note. In fact, NAPEO also states that businesses in a PEO arrangement grow 7-9% faster.
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Is PEO an Option for Philadelphia Small Businesses?
Extensis
JANUARY 9, 2018
Professional employer organizations, especially those who are local to the NYC/Philly area, are uniquely positioned to help small businesses in Philadelphia in a few important ways. We take a closer look at why Philadelphia is a perfect area for PEO.
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Q4 NAPEO Small Business Snapshot Shows Signs of Stability for the New Year
Extensis
JANUARY 30, 2024
Quick look: Following a few years of drastic ups and downs, the National Association of Professional Employer Organizations (NAPEO) 2023 Q4 Small Business Snapshot shows promise of relative economic stability, ending the year on a high note. In fact, NAPEO also states that businesses in a PEO arrangement grow 7-9% faster.
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What is a Certified PEO (CPEO), and Why Does It Matter?
Extensis
MARCH 18, 2024
Quick look: Professional employer organizations (PEOs) help their clients minimize time spent on daily HR tasks, reduce employment risk, control HR costs, and more. But with hundreds of PEOs in the market, how should business leaders decide which one to partner with? What is a certified PEO (CPEO)? government.
Optimizing the Important Role Brokers Play in Employee Retention
Extensis
MARCH 20, 2024
Fortunately, with the support of a professional employer organization (PEO), brokers can expand their benefit services, stay flexible in an evolving market, and give their clients the personalized attention they need in order to remain successful. Employees have higher benefit expectations compared to years past.
10 Benefits of Outsourcing HR
Extensis
MARCH 22, 2024
Quick look: The benefits of outsourcing human resources (HR) affect every aspect of a business, from recruiting top talent to leveraging cutting-edge technologies, and everything in between. Teaming up with a PEO or HRO provider can deliver multiple benefits, from tapping into industry-leading expertise to potentially reducing costs.
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A Hassle-Free Client Implementation Sets the Tone for Future Success
Extensis
MARCH 14, 2024
Quick look: The client implementation process and onboarding phase of a professional employer organization (PEO) partnership is more than a procedural necessity—it sets the tone for the entire business relationship. Still, businesses want to know the PEO they entrust will drive more wins than costly risks.
How PEOs Can Help Employers Build a Competitive Benefits Package
Helpside
SEPTEMBER 14, 2023
When you work with a PEO, there are experts who will take care of all the benefits related functions for your company. For example, if you have an employee that wants to add a dependent to their health plan, a benefits expert from the PEO will take the responsibility of making sure that happens.
NAPEO’s 2023 Small Business Snapshot: A Look at What’s Driving Employment Growth
Extensis
OCTOBER 11, 2023
Quick look: As 2023 starts to wind down, the National Association of Professional Organizations (NAPEO) provides its Q3 Small Business Snapshot which highlights the current state of employment, and helps brokers and their clients plan as they head into Q4 and beyond.
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