Like it or not, your people are your business. No matter what service you sell or product you manufacture, the people you employ are what make your business run on a macro and micro level.
Did you know that on average, if you offer your employees a comprehensive benefits package, the actual money that you pay your employees accounts for 63% of their overall compensation?
You’ve done it. As a busy business owner/founder, you’ve finally realized that you don’t have time to worry about the details like human resources, payroll, and benefits packages for your employees. You have decided to partner with a PEO and outsource those duties to a company that will not only help you, but take care of you. Where do you go from here?
Recruitment of top-tier talent is an ongoing challenge for small businesses and large corporations alike. In fact, 68 percent of the more than 3,000 human resources (HR) professionals surveyed by the Society for Human Resource Management (SHRM) reported challenging recruiting conditions in today’s talent market.