PEOs are a great value. For a fee that typically ranges from 2% to 5% of payroll, you can outsource an important, expensive and time-consuming, but non-core, business process. At the same time, you will be relieving your company of many employment related obligations and liabilities. Stop for a moment and think about all the time you and your key people spend on personnel-related activities. Every minute of that time is a minute you don’t have to devote to building your business. And, there is no way that you can be sure that you are doing it right. Human resources management today is an incredibly complex task. That’s why bigger companies don’t just have a human resources person, they have a human resources department. Functions like employee benefits, payroll, tax reporting, compliance with employment law are all specialties unto themselves. One person can’t be an expert in all of them – especially if you have employees in more than one state.

Most businesses join a PEO to access better employee benefits or reduce the cost of their workers’s compensation insurance. They stay, however, because they quickly come to realize the value of professional human capital management services. That’s why PEOs have high retention rates – often well over 90%.