PEO, what is and why you need to hire it.
Proffesional Employer Organization (PEO) www.gceglobalsolutions.com
Maybe you were wondering what PEO is. Well, the Professional employer organizations (PEO) are entities that provide employee management services, such as payroll processing, benefits management and recruitment, to businesses. This allows employers to outsource their human resource functions, such as employee benefits, compensation and payroll administration, workers' compensation, and employment taxes.
PEO’s are the most effective way for small and mid-sized companies to outsource employer services such as payroll services, benefit plan administration and workers’ compensation administration.
Now, you may be wondering what are the benefits of hiring a PEO for your business, so next we will list some of them:
Positive Return Of Investment (ROI).
Employers see an average annual return on investment of 27.2% from using a PEO.
Faster growth rate. Businesses who use a PEO grow 7-9% faster and are 50% less likely to go out of business.
Improved compliance. PEOs stay up-to-date on business regulations to reduce risk and ensure your company remains compliant.
Hire a PEO means you’re going to lose control of your company? The reality is that you will never lose control of your business when you hire a PEO. In fact, a PEO will help you make more informed HR decisions that will make your business stronger. But remember, PEO don’t take control of your business and by that the hiring and firing decisions are totally on you.
In GCE Global Solutions we are a Professional Employer Organization (PEO) with presence in more than 125 places around the world. We are the International Country Partner (ICP) that each client company needs to guarantee quality services where they are needed.
Our work team becomes your human resources department for permanent, temporary or by project, with any number of people of all profiles and levels in a Global level.
Do it with Us, Do it with GCE!
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