Why Partner
With A PEO?
The Benefits Of Partnering With A PEO
As a Professional Employer Organization (PEO), People Lease partners with businesses like yours to help manage the essential HR functions, such as payroll, benefits, compliance, and human resources. Through a PEO partnership with People Lease, you can expect to see your business grow with advantages such as:
Lower Employee Turnover
PEO clients, compared to private sector employers, have reduced voluntary and involuntary employee turnover rates by almost 20%.
Higher Rates of Growth
Companies see increased growth rates across their workforce and in forecasted business revenues when working with a PEO.
Reduced Employee Challenges
Companies that partner with PEOs report far fewer concerns regarding hiring and motivating employees than other companies.
Offer Additional Benefits
Companies that partner with PEOs are able to offer a wider array of benefits than before, including things such as retirement plans, life insurance, etc.
Higher Return
On Investment
A recent study by the NAPEO found that the cost savings and ROI on a PEO investments are conservatively 27.2% per year.
Cost
Savings
96% of employers report lower or equal organizational costs when it comes to health benefits, workers’ comp, and unemployment insurance.
How Does The PEO Partnership Work?
Acceptance
Once your business moves forward with the partnership, you'll begin by completing the necessary paperwork and tax reporting forms.
Introduction
Your company will then assign and introduce a primary point of contact (liaison) who will help coordinate payroll and HR functions with us.
Company Setup
Next, we will set up and configure your company in our secure system for a seamless transition.
Onboarding
Once set up, we'll hold an orientation with your team, introducing you to your benefit options, and get your employees set up in the system.
Test & Hand-Off
Our team will run a test payroll to ensure everything is ready to be handed off to your company's payroll supervisor.
Liaison Training
Lastly, we will help train your company liaison on the ins and outs of the web portal as well as answer any remaining questions about the system.
Go Live
Next, we will set up and configure your Once every step is completed, you can now submit your first payroll! You'll also have continued support to help you get the hang of things.
Learn More About The ROI
Of Using A PEO For Payroll
The areas where PEOs can deliver significant value to their clients can be divided into three broad categories:
- Improving clients' ability to attract, motivate, and retain employees
- Enabling clients to focus on their core businesses while PEOs handle all HR and payroll matters
- Lowering HR-related expenditures
Download the ROI Of Using A PEO whitepaper to learn more.
Further Explore How We Can Help
How We Help Employers
Go toe-to-toe with Fortune 500 companies through competitive benefits offerings, wide-coverage business insurance, and self-service HR & payroll technology.
How We Help Employees
Provide the same large group healthcare options that larger employers can access, at affordable rates, and significantly increase retention rates and employee satisfaction.
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