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HROs and PEOs - It’s All About PEOPLE | PEO Blog

Thursday November 03, 2011

by Bruce Silver

Human resource outsourcing and professional employer organizations provide SMEs, small and mid-size companies with a wide range of valuable administrative, professional, and technical services, whose functions can be burdensome, and disruptive to an organization, if not handled appropriately. Every day we work with clients to assist in their evaluation and selection of HR outsourcing providers who can not only provide the level and quality of services that will enable our clients to operate more effectively and efficiently, but will develop into a mutually rewarding long term partnership.

In the course of our evaluation process, we examine all of the important functions that a company transfers to the professional employer or employee leasing company. We will look closely into their payroll application and HRIS human resource information system. Usually we arrange a demonstration, so that HR managers and payroll administrators can test a program’s ease of use, flexibility, and experience the power of the HR platform first hand.

A PEO Service Guarantee that’s hard to Beat | PEO Blog

Tuesday November 01, 2011

by Jim Grimm

Does anybody really expect a written Guarantee when they decide which PEO they are going to business with?

Maybe it’s time you did…

Employers Resource one of the nation’s leading Professional Employer Organizations (PEO) offers what we believe is the most comprehensive Guarantee’s in the industry.

It’s Not Spooky… Choosing the Right PEO | PEO Blog

Monday October 31, 2011

Using the theme of the day, using or choosing a PEO for your business doesn’t have to be spooky or scary in any way.

A professional employer organization (PEO) offers a far more comprehensive approach to helping you manage your business’s human resources responsibilities.  PEO’s allow you to transfer the majority of your business’s cumbersome and time-consuming Human Resource tasks to a dedicated team of HR specialists who are available to provide guidance and recommendations for your business. 

It’s important to understand that PEOs are not temp firms, staffing agencies or payroll administration companies.  Most PEOs offer a comprehensive suite of Human Resource services to their clients –- everything from employee recruiting to benefits administration.  Depending on the PEO, sometimes these services are offered as a bundle; sometimes they’re offered a la carte.

PEO Market Penetration - 3% May be to High | PEO Blog

Thursday October 27, 2011

by Joe Caulfield

It is generally accepted that Professional Employer Organization - PEO market share is 3%.  Now we also hear the number 3 to 5% now and again, but that seems like a little bit of fudging.

Perhaps we should look at the actual number using census bureau data.  As of 2008 there were 2,203,513 companies that had employee counts from 5 to 99. I think most would agree that this covers the average size of a PEO client business.

Now if we took 3% of that total we would have 66,105.  Most have reported that PEO currently services 50,000 businesses, so what’s happened to the other 16,105? Oddly that can be answered by using a more realistic number on the “average size of a PEO client company” – that number is 14. That knocks out 526,307 businesses.  1,677,206 is a more real number.  Now we get 50,316.18

What is a PEO? |  PEO Blog

Wednesday October 26, 2011

What is a PEO? 

I have decided that I need push everyone in the Professional Employer Organization to started talking about the term PEO as it is defined by our industry.  And I will do this until we grow from the 3% market penetration we’ve been at for several years. 

Wikipedia has the following definition;  A professional employer organization (PEO) is a single source provider of integrated services which enable business owners to cost-effectively outsource the management of human resources, employee benefits, payroll and workers’ compensation and other strategic services, such as recruiting, risk/safety management, and training and development.  It does this by hiring a client company’s employees, thus becoming their employer of record for tax purposes and insurance purposes.  This practice is known as co-employment. 

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