How a PEO Differs From a Staffing Agency and the Benefits for Your Business

Did you know that about 80% of employee turnover results from bad hiring decisions? If there's one thing you should never compromise, it's getting the right staff for your company. Fortunately, you can use a Professional Employer Organization (PEO) or a staffing agency to get top talents. As a business owner, understanding PEO and staffing agency will give you significant leverage when hiring. You’ll understand their benefits and downsides to guide your decision-making. Keep reading our comprehensive guide to know more about the…

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Read more about the article The Professional Employer Organization – The Good, Bad and The Alternative
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The Professional Employer Organization – The Good, Bad and The Alternative

Sometimes companies have trouble meeting their human resources needs, especially while also trying to increase profits. To assist in this area, many companies hire professional employer organizations (PEOs). If you hire a PEO, your employees are no longer fall under your tax ID number; they assumed to be employees of the PEO. You will also delegate  HR responsibilities to the PEO. Though the company officially hires its employees, the PEO handles payroll, benefits administration, workers' compensation, medical insurance, and retirement accounts. Then,…

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