A Guide to Professional Employer Organization

1. A guide to Professional Employer Organization Professional Employer Organization is the full form of PEO service. PEO service is one in which an external or a new born company uses as a guide to manage their payroll services, HR management, and employee benefits. Recent researchers have found out that companies using Professional Employer Organization services are likely to have more advantages than the companies who don’t. Recent researches have shown the following features of Professional Employer Organization. They are as follows: The companies using Professional Employer Organization tend to grow faster than companies who don’t use them. The grow at a rate of 7-9 % faster as compared to other companies Their turnovers are 23- 32 % lower than the rest of the companies who do not use Professional Employer Organization services.

2. These companies have a perfect guide from the Professional Employer Organization hence they are less likely to go out of business at a rate of 50%. These companies do not have to focus on their Human resources function; hence they get more time to concentrate on the development, improvement and growth of their company. There are certain precautions that must be taken as well, they are: If one does not know the function of a Professional Employer Organization well, they must not opt for it. One must ensure that they employee benefits are better than the other companies since they are paying a fee to the Professional Employer Organization for that. This can be done by weighing the payment of the Professional Employer Organization against the benefits a company is making. Contact Optimum Employer Solutions Optimum Employer Solutions 2530 Red Hill Avenue, Suite 200 Santa Ana, CA 92705 Phone: 888-466-5521|949-650-780 Website:optimumhr.net Email ID: info@optimumhr.net