Inc Magazine on PEO's
In September of 2018, Inc. Magazine published a special section on the value PEO\'s bring to small businesses entitled "PEOs are a Boon to Employers and Employees Alike." They cite new research that shows that professional employer organizations benefit small company employees as much as the businesses themselves. Both the empirical data and user-reported experiences reflect a broad range of positive effects for PEO clients, including:
- 70% report that revenue increased since they started using a PEO.
- 66% report their profitability has increased since becoming a PEO client. SMB\'s using a PEO were 16% more likely to report increased profitability than their non-PEO counterparts.
- 98% of business owners who use a PEO would recommend one to a colleague.
- 14% lower employee turnover than non-PEO businesses.
- 50% lower failure rate among SMB\'s that use a PEO as compared to similar companies that do not use a PEO.
Contact Us to learn more about how Brighton Employee Solutions PEO services can benefit your business.