If you run a business, you understand the list of tedious tasks that keep you from putting your undivided attention to more important areas of your business. As a business owner, it can feel like you are wearing 100 hats which can lead to a less productive overall operation of your company. Hiring a PEO gives business owners the freedom to run their companies with the attention they deserve. Here are a few reasons on why using a PEO can help benefit your companies overall success.
First off, what is a PEO?
If you are confused by this abbreviation, you are not alone. A PEO (Professional Employer Organization) acts a third-party provider and partners with businesses to provide human resource services. Employers use PEO’s to outsource certain business management tasks so they can put their attention elsewhere within the company.
If your company is lacking the HR department, hiring a PEO can be one of the best decisions you make. Instead of having the responsibility of managing HR, you can give all the duties to a PEO that takes on the role of your Human Resources department.
You Will Not Lose Control Of Your Company
Yes, you read that correctly. Business owners are often hesitant of working with a PEO because they fear that they will lose the control they currently have over their company. This is a huge misconception and is ultimately not true. You will still have control over your company. In fact, it is common for a PEO contract to state that you and the PEO are co-employees.
Regulations are Up-To-Date
Hiring a PEO will give you the assurance that your company is compliant. This is important because often times business owners overlook certain areas and do not realize that they have entered non-compliance within certain fast-changing regulations. The PEO will provide you with a plan of action to ensure that your company is up-to-date on important regulations.
You no longer have to spend time drowning in the time-consuming HR tasks (and more!) when you work with a PEO. To find out more about our services and how we team up with you to offer them to your employees, contact us today: 1-800-CES-PEO1.