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.
What is a PEO and How Can it Help Your Business
A PEO relieves burdensome HR work from small business owners and helps lower employee turnover and helps a business grow faster.
Expertise You Can Use Now
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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 and Certified PEO to help.
We believe we’re at our best when we’re helping your business scale 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 the experts at Axcet HR today.
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