Big-Company Buying Power
Optimum pools together thousands of employees, providing health benefits at the same low rates usually only afforded to larger companies with many more employees.
A PEO, otherwise known as a Professional Employer Organization, is a one-stop-shop for payroll, employee benefits, and HR.
If you are a business, you likely already outsource your payroll and benefits, so working with a PEO just means that you will work with a single company for these services, rather than many. There are several unique advantages working with a PEO provides, including access to big-company buying power and resources, shared liability, and proactive risk management.
Research shows a PEO saves companies an average of 21% on HR administration costs.*
Source: “Professional Employer Organizations: Fueling Small Business Growth,” NAPEO, 2013
A PEO can provide you with instant HR support without the added costs of hiring a full-time team.