Trust is at the foundation of every business. From employees, customers, vendors, to your brand, trust forms the basis of relationships and is the key to success.
But in a time when it’s becoming more challenging to trust, why should you trust a PEO?
Here are a few reasons.
PEOs provide services to between 156,000 and 180,000 small and mid-size businesses, employing between 2.7 and 3.4 million people. But not all PEOs are alike.
READ MORE: Propel HR was one of the first IRS-certified PEOs in the country.
Understanding how certification makes a difference and can affect your business is important to stay compliant. In a PEO arrangement, both the PEO and the business share liability. Certification provides another level of added protection. In the CPEO arrangement, if something goes wrong, the CPEO is responsible, not the business. That’s why working with an IRS-certified PEO raises the level of trust.
In addition, a trusted PEO is supported by a wealth of industry knowledge as a member of the National Association of Professional Employer Organizations (NAPEO) and is required to adhere to a code of ethics. Formed in 1984, the NAPEO supports member PEOs with resources, education and best practices, standards for excellence, as well as connections to a network of respected business and industry leaders.
Why should you trust a PEO? Employees are one of the largest expenses and most valuable assets to an employer. An IRS-certified PEO offers the peace of mind that comes with the expertise and support of a full-service HR department which allows your business to move forward with confidence.
If your business is growing and you want reduce liability, cut costs, offer better benefits to attract and retain great employees, and save time so you can get back to doing what you do best—growing your business—then you may want to consider partnering with an IRS-certified PEO. To learn more, download this free e-guide on "Choosing the Right PEO."