How a PEO Broker helps you
It’s not likely that most people would be brave enough to try and sell their home or buy one on their own. Better yet, work on your car or attempt your taxes. Yikes.
It is still surprising that many people who become clients tell us they never considered using a PEO broker to find the PEO.
A PEO (Professional Employer Organization) broker helps businesses find the right PEO to meet their needs. A PEO provides HR outsourcing services to small and medium-sized businesses, including payroll, benefits, and compliance support.
Here are some ways a PEO broker can help find the perfect PEO for a business:
Assessing the business's needs: The PEO broker works with you to understand your specific needs, such as the number of employees, type of industry, and any unique challenges or requirements.
Identifying potential PEOs: The PEO broker will identify PEOs that are a good fit for your business and present them as options. Comparing what you are currently doing to the most competitive PEO quotes.
Comparing and contrasting PEOs: The PEO broker will help you compare and contrast the different PEOs to determine the best fit.
We offer the best PEO proposals and our demo process, where you interview and demo the PEO’s people and software.Negotiating terms: A PEO broker negotiates the best terms and pricing with your chosen PEO.
Ongoing support: Your PEO broker can provide ongoing support addressing any issues that may arise. We offer Aftercare for all our clients, including a 90-day check-in and an annual comparison.
Here’s why it makes sense to use a PEO Broker rather than going directly to PEOs
Expertise: PEO brokers are HR outsourcing experts and deeply understand the various PEOs and their offerings. They can help businesses identify the right PEO based on their specific needs and requirements.
Time-saving: Working with a PEO broker can save businesses time by handling the research and comparison process. This can be especially helpful for businesses that are short on time or resources.
Objectivity: PEO brokers are neutral parties and can provide objective advice and recommendations. This can be especially useful for businesses new to HR outsourcing and may not clearly understand what to look for in a PEO.
Cost savings: PEO brokers have relationships with various PEOs and can negotiate better rates and terms on behalf of the business. This can help businesses save money and get more value for their investment.
Overall, using a PEO broker can help businesses streamline the process of finding the right PEO and ensure they get the best fit for their needs.
How to choose the right PEO Broker?
A few key factors to consider when evaluating whether you are working with the best PEO broker for your business. Here are a few things to keep in mind:
Reputation: Look for a PEO Broker with a solid industry reputation and one who has been in business for a long time.
Expertise: Choose a PEO Broker who deeply understands the PEO industry and can help you navigate the various options available.
Responsiveness: A good PEO Broker should be responsive to your needs and questions and should be able to provide timely and accurate information.
Flexibility: Look for a PEO Broker who can tailor their services to meet your specific needs and requirements.
Value: You should never pay for a PEO Broker’s service. A few PEO Brokers will charge if they save you money with your current PEO, but we don’t think that makes sense for you. So we don’t do that.
It’s also important to only work with one PEO Broker. Working with more than one complicates the process and hurts your chance of getting the best PEO options.
