A Professional Employer Organization, or PEO, is a one-stop-shop for payroll, employee benefits, and HR. If you are a small 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.
WHAT IS A PEO?
WHY USE A PEO?
Instant HR Support
A PEO can provide you with instant Human Resources support without the added costs of hiring a full-time team.
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.
Optimum replicates the specialized HR department found at a large organization for only a fraction of the cost. Our resources are your resources.
Staying compliant as a business can be a full time job in itself. Optimum shares some of the risk your company has in this area through a co-employment relationship.
Proactive Risk Management
DID YOU KNOW?
PEOs save you money and allow you to focus on your core business.
* Research shows a PEO saves companies an average of 21% on HR administration costs.
Source: “Professional Employer Organizations: Fueling Small Business Growth,” NAPEO, 2013