Why Do I Need a PEO? – Employer Solutions Plus

As we mentioned in a recent blog, utilizing a PEO allows a business owner to focus on their key business functions. Particularly with small to medium sized businesses where your headcount is lower, utilizing a PEO is a great way to optimize your business processes without significantly increasing costs.

One of the key benefits to utilizing a PEO is that they are specialists in all things Human Resources Related. From benefits to compliance to billing – their job is to not only to understand the current requirements but also support future changes to regulations. Some of the functions that PEOs support include:

Employment administration
Government compliance management
Employee benefits
Workers’ compensation
Payroll and payroll tax administration
Recruiting and hiring
Policies and best practices
Performance management
Training and development

If you find that you are spending a significant portion of your time or working extra hours to make payroll happen or recruit new employees you should seriously consider utilizing a PEO. Another great reason to engage a PEO is if you are a new business owner. They can help you set up your human resources processes including training and development and performance management. We find that with a lot of new and expanding businesses a lot of human resources processes are left to a trial by fire methodology. PEOs exist to reduce your administrative stress, increase your compliance and optimize your business processes at an affordable cost.