Lower taxes: The PEO enters a co-employment contract to file payroll taxes under its own tax identification numbers, resulting in lower taxes for your company.
Complete independence: Having a PEO as co-employer won’t affect your company on a day-to-day basis. You will retain full control over your employees, including their tasks, schedules, salaries and so on.
Time to focus on your core business: One of the greatest challenges entrepreneurs face is not having enough time to deal with all the administrative tasks that come with growing their business. A PEO offers companies the chance to focus on their core business rather than spending their time performing HR tasks.
Economies of scale: A small or medium sized company will not receive the competitive insurance rates that larger organisations can negotiate. A PEO will give you access to better benefits packages at lower prices.