 How do the advantages of starting a PEO service compare to the alternatives? The advantages of starting PEO service contracts can be hard to see if you don't fully understand the alternatives. Outsourcing, obviously, saves time on equipment, training and employee retention, but if you don't play your cards right, you won't save as much as you're expecting. Here are the ways a professional employer organization, or PEO, differs from an administrative services organization, or ASO, and the impact those differences have on your bottom line. Beef-up Your Bottom Line According to the Society for Human Resource Management, companies who hired out to a PEO were able to open up more productive hours for business owners and top-rated managers while improving compliance. This improved overall profits on two fronts. First, more time was dedicated to money-earning tasks. Second, less money was lost through senseless violations. However, ASOs largely had the same benefits. What benefits were exclusive to PEOs? Want to learn more about the benefits of a PEO? Call Einstein HR at (770) 962-1700 or click here to read more. |
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