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3 WAYS SMALL BUSINESSES BENEFIT FROM USING A PEO

THEY GROW 7 TO 9% FASTER

 

Since December 2004, employment at small businesses using a PEO has grown more than  7 percent faster than at small businesses overall, according to the Intuit Small Business Employment Index

THEIR EMPLOYEE TURNOVER IS

10 TO 14% LOWER

 

The average overall employee turnover rate in the United States is approximately 42 percent per year, based on 2012 data. It is 28 to 32 percent for companies that used a PEO for at least four quarters.

GOING

OUT OF BUSINESS

THEY ARE 50% LESS LIKELY

TO GO OUT OF BUSINESS

 

Businesses that use a PEO are approximately 50 percent less likely to fail (permanently go “out of business”) from one year to the next when compared to similar companies in the population as a whole. The overall business failure rate among private businesses in the United States as a whole is approximately 8 percent per year, based on 2012 data. It is approximately 4 percent per year for those companies that used a PEO for at least four quarters.

Source: Data gathered in a recent study by noted economists, Laurie Bassi and Dan McMurrer.

Ideal HR BRIDGE

Connecting your business to leading HR support and technology

Ideal Bridge is an instantaneous HR infrastructure (HRO/PEO) that provides a significant amount of administrative relief

  • Payroll, Benefits, HR, Workers Compensation, and more
  • Licensed in 30 States
  • A solution for teams ranging from 1-60
  • Human Capitol Management platform built around your team: HRIS, Time & Attendance, Benefit Management, and more

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Building a bridge for your team

  • Reduce your companies liability exposure, including employee lawsuits - increased protection of our biggest asset

 

  • More efficient use of your resources - Free up time and/or money spent on doing this function now

 

  • Legal advice! Easy access to expert help without additional legal costs

 

  • Eliminate your payroll & tax liability

 

  • Reduce employer / employee taxes

 

  • Safe and engaging work environment - improved, consistent treatment of employees

 

  • An HR support team that never gets sick, won't go on vacation, and won't retire

Experience Ideal HR Bridge

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