http://www.choicevendor.com/blog/2010/03/how-much-does-payroll-cost-we-compare-4-top-providers/comment-page-1/#comment-1129

Of course, if you bundle in additional HR services like software, benefits, compliance and workers comp, there are greater savings to be seen.  That is why for small businesses, we recommend PEO and other total HR outsourcing solutions to gain economies of scale so the payroll is basically free.

http://www.businessweek.com/smallbiz/tips/archives/2010/02/manage_your_ris.html

An easier, more cost-effective way to handle unemployment claims and keeping your unemployment rate down is to hire a PEO, but you already knew that.

Here is how you can help us and collect a little coin…

http://www.hroplus.com/referral.php

Best,

Kristian and Jeff

http://www.forbes.com/2010/01/14/firing-george-clooney-entrepreneurs-human-relations-goldfield.html

HR outsourcing solution providers (PEO, ASO, HRIS, payroll) are no different from other business entities.  Acquisitions happen.  So what are you to do when this happens? 

First question is…who is buying who?  I would be more leery of your provider being bought, then the other way around. 

If your provider is the smaller fish…then maybe it is time to re-assess your HR outsourcing needs and solicit quotes from other providers.  Your current provider may say all the right things about how their current portfolio is going to be unaffected…and a “smooth transition” is expected.  But after having lived through various b2b acquisitions, there is never a clean transition. 

So, re-assess…the door has been opened for you to see what is out there.  Maybe an upgrade to a PEO or ASO solution is right for you.  Change is inevitable, and often makes your business that much more efficient in the long run.

Here is the link…

http://www.inc.com/criticalnews/articles/200503/hroutsourcing.html

 

 

Consider this…if you are a startup, or consulting to a startup company, then the best way to insure success is to focus on your core competencies, and not HR.  Your PEO will handle most functions…with the main exception of deciding upon your staff.  Otherwise, payroll, benefits (including health, dental, vision, 401k, and various supplementary insurances), workers compensation and risk management, payroll taxes, etc. are all responsibilities that are passed along to the PEO.  Imagine the time savings!

In order to obtain a quote from a PEO for services, a startup will need to supply some basic projections on head count and gross payroll, as well as job risk description, so the PEO can place the employees in the proper workers compensation code.  The PEO will do its due diligence and research the background of the principles of the startup, but that’s about it. 

If you are a startup, and are looking towards outsourcing your HR, then PEO may be for you.

http://www.njbiz.com/weekly_article.asp?aID=79532

We have seen it both ways.  Company’s cutting jobs and/or limiting hours of employees, however, more companies are now looking at PEO as a way to save a big amount of money on labor costs.  PEO allow businesses of all sizes to cut down in their labor costs by downsizing a department, human resources, that is a non-revenue generating cost center within the business. 

Not too mention that PEO allows also for companies to save thousands annually in health insurance premiums and workers comp premiums.

They have been with the PEO for a little over a year now and estimate that their 37-man company has saved them more than $20,000 in the past  year in comp premiums.  In addition, due the to safety plan that was implemented, they will likely save another $25,000 – $30,000 in the coming 12 months. 

For a company to consider some HR outsourcing solutions, such as PEO (professional employer organization) or ASO (administrative services organization), there is often a breakdown within the organization from a human resources or benefits cost or risk management standpoint. 

The right HR outsourcing solution can help a company weather these storms, or avoid them all together.  There is often a cost, of course, but it is cheaper before than after the storm has hit.

Sometimes