Is a PEO Right for Your Business?

Posted by Maria Haubrich under Human Resources
From http://growsmartbusiness.com 551 days ago

By Karen Axelton Your business needs employees to run—but sometimes, managing employees can be a pain in the neck. I’m not talking about the personal issues, but all the regulations and paperwork that go along with having a staff—like benefits, insurance, taxes and vacation hours. There is a solution that can take some of these hassles off your hands: a Professional Employer Organization (PEO).

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Written by ShawnHessinger
550 days ago

Outsourcing human resources and the basic management of your employees is an interesting idea but I wonder how it compares, in terms of cost and efficiency, with simply working with subcontractors. At first glance you might assume that the kind of jobs we are taking about are not the type of work usually suited for contracting. But, in effect, that's precisely what you are doing with the PEO. In this case they are the subcontractor and provide you with labor for a cost. One thing that is sensible about the arrangement is that almost no company (except maybe a PEO) would describe managing employees as their core business. So from this standpoint, hiring a PEO would help you focus more of your time and energy on your main business, the products, services or both that you provide for your customers.

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