According to the ADP Research Institute, small and midsized businesses (SMBs) added nearly 80% of all new jobs in January 2016, demonstrating that employers are seeing opportunities to strengthen and grow their businesses. However, with limited resources and personnel, business owners are often caught between developing and executing business strategies or handling administrative tasks like benefits administration, payroll, talent recruitment, employee training, and more. The good news is that many SMBs have uncovered a solution that allows them to tackle it all: A Professional Employer Organization.
Through a unique co-employment relationship, companies are able to outsource HR and benefits administration to a PEO partner. Not only does this allow business owners to focus on their bottom line and operations, it also permits them to retain day-to-day control over employee management while the PEO navigates critical HR and employee benefits responsibilities.
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