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How PEOs Have Helped Businesses Through the Pandemic

It’s been proven that partnering with a professional employer organization (PEO) has helped businesses during the COVID-19 pandemic*; compared to other small businesses, those who have partnered with a PEO are:

•    119% more likely to have received PPP loans;
•    72% more likely to have received PPP loans in Round 1;
•    91% less likely to still be temporarily closed; and
•    60% less likely to have permanently closed.

Now is the time to learn how partnering with a PEO can help your company overcome the threat of another shut down; in this webinar, we explore how a PEO can fundamentally support your company during this time by outsourcing burdensome back-office HR functions — such as payroll administration, benefits, and risk management — so you can stay focused on your business and customers.

*NAPEO Sept. 2020, How PEO Clients Fared in the First Months of the COVID-19 Pandemic: A Comparative Analysis

* This content is for educational purposes only, is not intended to provide specific legal advice, and should not be used as a substitute for the legal advice of a qualified attorney or other professional. The information may not reflect the most current legal developments, may be changed without notice and is not guaranteed to be complete, correct, or up-to-date.

About Paychex

Paychex was founded over four decades ago to relieve the complexity of running a business and make our clients' lives easier, so they can focus on what matters most.

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