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
PEO clients see increased growth rates in
the number of employees
and in forecasted business revenues
Reduced Employee Challenges
Companies that partner with PEOs report far fewer concerns regarding hiring and motivating employees than
non-PEO 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...
ROI
The NAPEO recently found that the cost savings ROI on a PEO investment is conservatively 27.2% per year.
Cost Savings
96% of employers report lower or equal organizational costs when it comes to health benefits, workers’ compensation, and unemployment insurance.
