Passionate about helping you navigate the PEO buying journey
Why choosing the right PEO is important?
With hundreds of PEOs to choose from where do you start your search and how do you differentiate between them? You want to ensure you make a decision that is right for your business for current and future needs. Let SherpaPEO help you navigate through this difficult buying solution process.
What is a Professional Employer Organization (PEO)?
Co-Employment is the conduit in which your business partners with a PEO provider. You, as the employer of record, maintain responsibility for your business decisions and operations. The PEO is responsible for ensuring state and federal compliance, mitigating risk, and four core competencies: processing payroll, payroll taxes, workers’ compensation, and benefits offering.
Who would benefit?
Startups
<5 employee organizations will benefit from a single point for their payroll, benefit and HR needs
Ensuring compliance and mitigating risk as business grows
Offload the burden of HR and non-revenue generating functions to focus exclusively on scaling the business
Larger Businesses
HR departments can focus on building culture and training talent
PEO has responsibility to support and protect organization (as companies scale – higher propensity to receive claim)
Material savings compound over time
Small Businesses
Companies with fewer than 100 employees do not get access to affordable and rich benefit offering
As companies scale, ability to support multi state needs and employee demographics
Contain costs