Running a small business can be so rewarding — but it’s not without its challenges. Growth requires hard work and business leaders can get overwhelmed if they don’t have the help they need. If you’re an RAL business owner and this sounds familiar, we’ve got a pro tip for you: outsource your HR.
A professional employer organization (PEO), like ExtensisHR, is a company that delivers cost-effective, outsourced services for:
- HR
- Payroll
- Employee benefits
- Recruiting
- Risk management
- Compliance
Not having to juggle daily HR tasks gives business owners + managers more time to focus on revenue generating activities while still controlling day-to-day ops or decision making.
PEOs by the numbers
According to NAPEO, small businesses that outsource their HR function to a PEO experience:
- An annual ROI of 27.2%
- Are 50% less likely to go out of business
- Grow 8% faster
- Lower employee turnover by 14%
Looking to strengthen your bottom line and get the best ROI?*