How a PEO Company Helps Businesses Save Time, Money, and Resources

A Professional Employer Organization (PEO) can help growing businesses streamline HR, reduce costs, and stay compliant by providing access to technology, expertise, and employee benefits usually reserved for larger companies. In this video, you’ll learn what a PEO is and how Paychex HR PEO supports businesses with workers’ compensation insurance, workplace safety, regulatory compliance support, and improved employee benefits. We’ll also highlight how PEO clients can save an average of $1,775 per employee each year and achieve higher ROI.

Topics:

0:00 – Introduction to Professional Employer Organizations
0:29 – Importance of Compliance and Safety
0:37 – Financial Benefits of Partnering with a PEO
1:10 – Enhanced HR Support with Paychex HR PEO

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Introduction to Professional Employer Organizations

0:05 A growing number of businesses are discovering the value of a professional employer organization or PEO. This scalable suite of HR solutions can help make it easier to save time and money with technology that helps your people get more done quickly and easily. Find and keep employees by offering more affordable employee benefits. And a better employee experience.

Importance of Compliance and Safety

0:29 Establish workers' compensation coverage and improve workplace safety, as well as staying compliant with employee laws and regulations.

Financial Benefits of Partnering with a PEO

0:37 In a survey of businesses that work with a PEO, respondents saved on average $1,775 per employee each year on salaries, workers comp costs, health benefits, and more. And 63 percent of new PEO clients said their health benefits costs were lower than before. In fact, businesses that worked with a PEO had a 27 percent higher return on investment on average than those that haven't worked with one. But Paychex HR PEO takes these benefits even further.

Enhanced HR Support with Paychex HR PEO

1:10 We give you the expertise of a dedicated HR professional who will assess your HR challenges, create an HR action plan, and provide proactive, HR advice, and support. The secret's out about Paychex HR PEO. Find out why more businesses are seeing the value. Learn more at Paychex-dot-com-slash-peo.