<100 Employees = You need a PEO

People are your biggest asset. Your biggest cost. And your biggest risk.

• There are specific laws that must be adhered to when hiring and firing
• Benefits are costly, especially for smaller companies
• Learning and running HR compliance, benefits and payroll is time consuming

Most businesses don’t know about professional employer organization (PEO.) These providers take away the concerns of hiring. Outsourcing to a PEO means your team works as employees of the PEO. On your behalf, they:

• Hire and fire
• Ensure legal compliance
• Streamline payroll and expenses
• Offer benefits (medical, dental, life, PTO, etc.)
• Support employers and employees

If you are considering hiring your first employee or have less than about 100 employees, strongly consider outsourcing to a PEO. Until you reach 100 to 150 people working on your team, a PEO makes good sense.

Some PEO’s you can investigate are:

• TriNet
• Sequoia One
• Justworks

Once you outgrow a PEO at around 150 people, you’ll need a good payroll provider like:

• Gusto
• Zenefits
• Rippling (also offers PEO)