Top 10 Reasons to Use a PEO Broker

Top 10 Reasons to Use a PEO Broker

  1. There are 900 PEOs operating in the U.S., and you need a system to narrow that down to the best 3-5 options for you and your company. There are countless variables to consider, including PEO certifications, master health carrier, reputation for customer service, HRIS systems/integrations, international capabilities, etc.
  2. Your time is valuable. Do you really want to spend hours on calls/emails with salespeople from all the PEOs you might consider?
  3. If you don't use a broker, you're more likely to put off looking at your options. This could cost your company significantly, since admin and health insurance costs vary considerably among PEOs.
  4. You don't want to make the wrong PEO decision and have to do this again next year.
  5. It's a lot easier to justify your decision internally when you can show you've used an expert in the process of PEO evaluation.
  6. Analysis/comparison of costs and services provided by the broker.
  7. Lower admin and group health rates from the PEOs, because the broker brings them multiple prospects, and they know they're up against several competing PEOs.
  8. It costs you nothing. The broker essentially splits the commission with the internal sales people (because 80% of the work has been done by the broker).
  9. Assistance down the road. If you have any issues with the PEO that aren't easily resolved, the broker can intervene on your behalf.
  10. The right PEO can make your life much easier, and your employees happier. The wrong one can do the opposite!

Andrew Lawless

Investor | AI Consulting Innovator | Founder, High Performance Consultant Academy? | Transform Your Consulting Firm with AI Automation, Predictive Analytics & NLP | Master Client Acquisition & Streamline Service Delivery

6 个月

Ted, thanks for sharing!

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