Small Business, Big Ideas
(And a Few Laughs Along the Way)
Your go-to blog for tips, tricks, and the occasional dad joke about running, growing, and loving your small business. Seriously helpful. Seriously fun.
Advantages of using a PEO for your business
Investments in businesses are normal. A business owner cannot deny the benefits of investments in their business. Investments most of the time are expensive and risky. This is why it is important for business owners to know which investments are truly helpful in the long run and not just in the short run.
One investment we know is advantageous to businesses both in the short run and the long run is Professional Employer Organization or PEO
Understanding Professional Employer Organizations
Understanding Professional Employer Organization
A PEO is an organization that allows businesses to outsource human resource services. These services include but are not limited to Payroll, Taxes, Benefits, and Compensation. Taking away time-consuming and number-intensive tasks like these from the company’s employees will let them shift their focus and energy towards improving the progress of the company.
Are you getting the most out of your Professional Employer Organization (PEO)?
Had a call the other day with a CFO and learned that they had been using a Professional Employer Organization (PEO) for almost four years, and had not utilized many of the services the PEO offered.
We see often that companies will join a PEO, but never fully take advantage of the services the PEO offers. So, we thought it would be a great idea to put together a quick list of the services that a lot of companies do not utilize in their PEO.
Should you be in a Professional Employer Organization?
Did you get a bad renewal this year on your health insurance? Does your workers’ compensation keep increasing? If answered yes to either of these questions, then you should probably look at a Professional Employer Organization. Not sure what a Professional Employer Organization is, that’s ok. By the end of this exactly what a PEO is.
Are you getting hosed by your Professional Employer Organization?
If you are in a Professional Employer Organization, then you already know the upside. What you might not know is if you are getting the best price for your PEO. If you don’t know if you are, then you should read on.
Most people join a Professional Employer Organization and don’t ever think about the fees and costs associated with their PEO billing. Better yet a lot of times, people join a PEO and have no idea what their actual PEO fees are. And in many cases no idea how to figure out their fees.
It's renewal season again. Should you look at a PEO?
It’s that time of the year again when most companies are having their open enrollment. This oftentimes means headaches for HR, Business Owners, and Employees, because of higher premiums, lesser plan options, and lastly all of the administration. There is an easier way to handle your benefits.