Let a professional employer organization handle employee-related services such as HR and payroll.
By: Doresa Banning, WomenEntreprenuer
When Beaverton, Ore., business owners Christine and David Vernier’s full-time human resources employee went on maternity leave 14 years ago, they contracted with a professional employer organization, Xenium, to fill in. Although the employee returned, the Verniers kept the PEO on board and have used it ever since.
PEOs are business-to-business companies that provide services including human resources, payroll and related taxes, risk management, compliance and employee benefits.
“I recommend PEOs to a lot of businesses. I’m surprised that more don’t use them,” says Christine Vernier, chief financial officer of Vernier Software & Technology, an 82-employee company that produces hardware and software for data collection in science classes.
“We can be a completely outsourced employer service for our clients who want one vendor who manages all those different programs,” says Anne Donovan, president of Portland-based Xenium…
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Good article. Having been in the industry for more than 6 years now, it is still fascinating to me how many companies out there do not use PEO. But case studies and examples like this get more small business owners to realize that PEO is an enormous opportunity to be a better company, better benefits, and focus on core capabilities.