What is a PEO?

HR Management to Help Your Business Succeed

A professional employer organization (PEO) is a full-service human resources solution to manage payroll, taxes, employee benefits, HR technology, compliance, and risk management. PEOs provide the infrastructure to cost-effectively manage human resources by outsourcing time-consuming and often complex administrative tasks, helping business owners reduce risks, increase efficiency, and grow their bottom line. 

Benefits of Choosing a PEO

Partnering with PEO can result in big improvements for your bottom line. More business owners and decision makers are choosing to outsource human resources tasks like payroll, taxes, and employee benefits to save valuable time and resources.

According to national research by NAPEO, companies that use PEOs grow 7-9% faster, experience 10-14% less employee turnover, and are 50% less likely to fail. The ROI of using a PEO in cost savings alone is 27.3%! 

When you join a PEO, you have access to: 

  • A proven business model regulated by state and federal agencies
  • A dedicated team of HR experts who understand your business
  • A voice on the other end of the phone when you call
  • Robust yet easy-to-use technology for employers and employees alike
  • Compliance with federal, state, and local employment laws
  • Fortune 500-level offerings at competitive rates

How a PEO Works

A PEO joins its client in the employment relationship as a Co-Employer. This relationship allows the PEO to assume administrative responsibilities, negotiate on behalf of all its clients to secure competitive offerings, and share limited employment risks.

While a PEO handles human resources on your behalf, you remain in control of day-to-day operations as a business owner. With support from a team of HR experts dedicated to your business goals, there’s no loss of control when you partner with a PEO—just more time back in your day to run your business. 

 

Employee Benefits and Economies of Scale

 

PEOs leverage economies of scale to negotiate better insurance rates with carriers on your behalf. Businesses benefit from this negotiating power, receiving access to desirable employee benefits and services traditionally reserved for large corporations. In addition to providing better insurance options and benefits packages, PEOs provide enrollment technology for benefits administration and help employees select the plan that’s best for them with confidence.

A Connectify HR PEO client enjoys access to all these benefits and more:

  • Medical, Dental, and Vision Insurance
  • Accident, Hospital, and Critical Illness Insurance
  • Life and Disability Insurance
  • Health Spending Accounts (HSA) and Flex Spending Accounts (FSA)
  • Retirement and 401k Planning
  • Identify Theft Insurance 

A PEO Dedicated to Your Business

If you've ever wondered if there's a better way to manage HR, Connectify is your solution.

Connectify HR allows small businesses to improve productivity and profitability by simplifying HR, so you have the freedom to focus on what matters most–growing your business. With Connectify HR, you can confidently navigate the complex world of HR, knowing that you have a trusted partner by your side. 

Call Connectify HR today (515) 207-0720 and schedule a free consultation with one of our local HR professionals.