Many companies choose a Professional Employer Organization (PEO) for outsourcing because they want to clear some tasks off their plate and get back to their company’s core mission, but the best PEOs can do much more than just finish up pesky tasks. A good PEO can set up your company for success, providing real results instead of just delivering services.
For most business owners, HR tasks are an afterthought—something they must do to keep their business running. Because PEOs focus all their energy on this aspect of a business, they know how to leverage HR departments to be an asset, using their data and experience to yield a positive outcome for a business. Therefore, companies that use PEOs are less likely to go out of business and tend to have higher earnings than other businesses.