What is the best way to manage HR (payroll, benefits, training, etc.)?
What is the best way for a small business with less than 30 employees to manage HR responsibilities (e.g. payroll, benefits, training, etc.)? Should I hire an HR director or HR department? Should I partner with a PEO or HRO?
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Feb 28, 2020
Companies that are very new or very small may benefit from working with a PEO, as the PEO can save the company time and effort while making sure that all essential HR functions are handled. PEOs may also be able to offer company employees more affordable health insurance and 401K plans than would otherwise be possible.
Thanks, Ruth. If a small business partners with a PEO, how much money should they expect to budget for each employee per month/year? Would a company as small as three employees still benefit from a PEO?