Outsource for Success - Is It Right For You?

Business development and management consultantssignificant purchasing power when negotiating rates
agree that, the most successful companies focuswith insurance companies for health, dental, liability
time and talent on core issues that are vital to theirand workers compensation coverage.
business. Unfortunately for small and growing firms,Everyone Benefits
business owners often allow important functions suchEvery employee and family member can enjoy
as product development, or sales and marketing toaffordable, high caliber "Fortune 500" benefits choices
be sidelined by routine administrative and HRthat only large companies and government agencies
functions such as payroll, compensation, employeecan offer. Management and staff gain access to
benefits or mediation. You may already use a payrollskilled employee benefits, human resource and risk
company to outsource many of your payrollmanagement professionals to assist and support
functions. Today, there are companies who providethem. The value that Professional Employer
comprehensive HR outsourcing services which allowOrganizations provide small and midsize firms can be
business owners and managers to focus theirdifficult to measure, but is impossible to ignore. They
attention on running their company.help a young firm succeed against more established
Professional Employer Organizationscompetitors in the market for skilled and competent
Professional Employer Organizations or (PEOs) haveworkers. They improve your recruitment success,
revolutionized the delivery of employee managementassisting you in attracting candidates whose abilities,
and human resource services to small and midsizeskills, and references have been verified, while
companies across America. PEO's relieve employersenhancing your ability to retain and reward valuable
of the time-consuming chores of managing employeestaff, managers, and officers.
administration and payroll, and ensuring that their firmFinding a PEO
is in compliance with the myriad of government andThe National Association of Professional Employer
HR regulations.Organizations (NAPEO), the industry trade group,
Co-Employer Agreementestimates that approximately 700 PEOs are currently
Under the terms of a co-employer agreement, theoperating nationwide. The problem for most business
PEO acts as the employer of record, providingowners is that each PEO offers a diverse range of
accounting, administration, benefits, HR and OSHAadministrative services, employee benefit programs
compliance, payroll, and risk management services forand support, at varying levels of quality and cost.
thousands of companies and millions of employees onDevoting the time, energy and expertise to
a daily basis. This pooling of resources enables theaccurately compare PEOs can be a daunting task for
Professional Employee Organization to commandany employer.