Every industry faces different human resource (HR)-related challenges, something many find solutions for from the services of Professional Employer Organizations (PEO).

HR-related Challenges Organizations Face

Who, What, Where, How, What, and When questions.

Cumbersome and time-consuming tasks like payroll management, attendance monitoring, information management, and others, which can otherwise be spent on higher-value business activities

Employees benefits
Compliance challenges
Employer-employees relationship
Workers compensation issues
High employees turnover
High cost of HR management

All these, a professional PEO can address.

Industries with Unique HR-related Requirements

Some companies partner with PEOs to free their hands of HR management load. But there are organizations that have unique challenges requiring specialized solutions like high employee turnover, high incidence of talent poaching, and high HR-related risks. In these cases, niche PEOs can help.

Niche PEOs serve the more unique needs of businesses like those in construction, hospitality, financial services, and other industries.

Niche PEOs for Niche Requirements

Let's look into some of the industries that would be best served by niche PEOs.

Construction Industry

Human resources in the construction industry have these to consider:

High-pressure work environment

Construction projects are time-bound. The team members usually have their hands full with work-related details, leaving little time for HR administration. Having office-based HR professionals and construction-site-based workers is a possible challenge for HR management.

High-risk environment

Construction sites require maximum safety standards. Non-adherence to these standards can cost the company man-hours and loss of life and limb.

Because of this, the insurance premiums can be higher than in less dangerous jobs.

A niche Professional Employer Organization using its negotiating power with insurance companies, can leverage the total number of people they insure from different clients for a lower premium.

Financial Services Institution

If one industry needs human resource risk management, it is financial service institutions like banks, brokerage firms, and other financial services organizations. With so much confidential information that they must protect, extra care in recruitment and training is necessary.

Hospitality Industry

Hospitality companies like hotels and restaurants face 70%--80% annual employee turnover. This is very high and very costly for companies as it means reduced productivity, lower team morale, and a tarnished name, on top of the cost of recruiting and training.

PEO Finder Saves You Time

Finding the best-fit professional employer for your operation entails a lot of time and work. You will need at least dedicated and knowledgeable personnel to search from among the 700 PEOs available in the market.

Two or three organization PEOs to choose from might be a breeze, but when you are starting from zero, it may prove to be daunting. If you fail, you will need to start all over again and lose time and resources.

Why risk this when you have professional PEO Finders who have gained experience in gauging what a company truly needs and which PEO can better address them?

PEO Finder Helps You Select the Right PEO for Your Business

Nothing beats experience. That's what PEO Finders have that those outside the industry don't.

By looking at the nature of your business, the details of your operation, and the challenges you face, a good Finder should already have a shortlist of the services you need and the PEO company in mind.

They would know if you need a regular or a niche PEO and connect you to one that has an excellent service track record.

In summary

Finding the right PEO partner for your company is a challenge in itself. Much more if you're in an industry with high employee turnover, high HR-related matters, and HR-related risks. But fret not. There are niche PEOs to service your needs.

Where and how to find them? Please contact us, and we will be glad to assist you.

Niche PEOs: How can PEO Finders Help You Find What You Need?