PEOs: Fueling Business Growth
PEOs (Professional Employer Organizations) have served small businesses for more than 30 years. They were founded to fill the gap for first-class HR support and benefits for small to mid-sized businesses, who typically don’t have the resources to have an in-house HR department, but most definitely have the need for HR services. Currently, PEOs serve more than 150,000 businesses and 3 million employees in the U.S. But what is a PEO?
PEOs by the Numbers
- Faster Growth. Over the past 15 years, employment at small businesses using PEOs has grown between 7 and 9 % faster than small businesses overall.
- Lower Turnover. Small businesses that have used a PEO for at least four quarters have experienced employee turnover at rates 10 to 14 % lower than the average rate for U.S. businesses.
- Greater Longevity. Privately held businesses that use PEOs are approximately 50 % less likely to fail (permanently cease operations) when compared to similar U.S. companies.
Expertise You Can Use Now
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When small business owners reflect on how their companies are performing, they often realize they’ve been working round the clock, juggling multiple roles, drowning in paperwork and have been unable to focus on their strategy for continued business growth. In fact, a Wells Fargo/Gallup Small Business Index survey found 57 percent of ...
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PEOs Are Not All Created Equal. Choose Wisely.
So you’ve decided to hire a professional employer organization, or PEO, to perform critical human resources functions for your small business, limiting your legal liability and leveraging economies of scale to improve your benefits package. Smart move. That PEO partnership will give your company powerful ...
Why Axcet?
Let’s face it. When it comes to managing HR, you have choices. So, why choose Axcet?
We believe in trust, relationships, and an undying commitment to our clients’ success.
We believe experience and expertise matter when you’re faced with tough choices and need a trusted advisor to help.
We believe we’re at our best when we’re helping your business grow in ways you couldn’t have imagined.
If we sound like a company you’d like to partner with, let’s talk.
Got PEO Questions? Start a Conversation.
Grow your business 7-9% faster with 10-14% less turnover with a PEO. Axcet has been helping Kansas City businesses for more than 30 years. Grow with us starting today.
Schedule a consultation with Axcet today.
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