- 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.
- Your time is valuable. Do you really want to spend hours on calls/emails with salespeople from all the PEOs you might consider?
- 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.
- You don't want to make the wrong PEO decision and have to do this again next year.
- 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.
- Analysis/comparison of costs and services provided by the broker.
- 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.
- 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).
- Assistance down the road. If you have any issues with the PEO that aren't easily resolved, the broker can intervene on your behalf.
- The right PEO can make your life much easier, and your employees happier. The wrong one can do the opposite!
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!