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?
A PEO DEFINED
A Single Partner That Takes Care
of Your Human Resources Needs.
Outsourcing Your Human Resources Needs.
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.
Big-Company Resources
Optimum replicates the specialized HR department found at a large organization for only a fraction of the cost. Our resources are your resources.
Shared Liability
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
What Optimum Clients are Saying:
Optimum has visibility into many crucial areas of your business when we process your payroll, helping you to remain compliant and reduce the risk of fines, penalties and lawsuits.