optimumhr.net-Professional Employer Organization is the full form of PEO service. PEO service is one in which an external or a new born company uses as a guide to manage their payroll services, HR management, and employee benefits.
A guide to Professional Employer Organization
Professional Employer Organization is the full form of PEO service. PEO
service is one in which an external or a new born company uses as a guide to
manage their payroll services, HR management, and employee benefits. Recent
researchers have found out that companies using Professional Employer
Organization services are likely to have more advantages than the companies
who don’t. Recent researches have shown the following features of Professional
Employer Organization. They are as follows:
The companies using Professional Employer Organization tend to grow
faster than companies who don’t use them. The grow at a rate of 7-9 %
faster as compared to other companies
Their turnovers are 23- 32 % lower than the rest of the companies who
do not use Professional Employer Organization services.
These companies have a perfect guide from the Professional Employer
Organization hence they are less likely to go out of business at a rate of
These companies do not have to focus on their Human resources function;
hence they get more time to concentrate on the development,
improvement and growth of their company.
There are certain precautions that must be taken as well, they are:
If one does not know the function of a Professional Employer
Organization well, they must not opt for it.
One must ensure that they employee benefits are better than the other
companies since they are paying a fee to the Professional Employer
Organization for that. This can be done by weighing the payment of the
Professional Employer Organization against the benefits a company is
Contact Optimum Employer Solutions
Optimum Employer Solutions
2530 Red Hill Avenue, Suite 200
Santa Ana, CA 92705
Email ID: [email protected]