{"id":195743,"date":"2021-08-27T12:55:34","date_gmt":"2021-08-27T16:55:34","guid":{"rendered":"https:\/\/www.attendancebot.com\/blog\/?p=195743"},"modified":"2021-09-20T03:41:46","modified_gmt":"2021-09-20T07:41:46","slug":"peo","status":"publish","type":"post","link":"https:\/\/www.attendancebot.com\/blog\/peo\/","title":{"rendered":"The Comprehensive Guide to the PEO"},"content":{"rendered":"

According to Glassdoor<\/a><\/strong>, the average company in the United States spends about $4,000 to hire a new employee, taking up to 52 days to fill a position.<\/p>\n

With such intensive effort and resources needed, it is clear why Human Resources Outsourcing has become a rapidly growing process in the BPO market. <\/span>It is estimated that at least 50% of larger organizations outsource some of their services, according to <\/span>Forbes<\/b><\/a>. This strategy is now being followed by small and medium-sized organizations.\u00a0<\/span><\/p>\n

Two main models of <\/span>outsourcing<\/b><\/a> are PEO, professional employer organization, and ASO, administrative services organization. In this article, we will cover the meaning of PEO and the services they provide. Additionally, you will learn about the benefits and drawbacks of working with a PEO. Moreover, we will also debunk some myths that you may have about PEOs.\u00a0<\/span><\/p>\n

Let\u2019s begin with defining a professional employer organization.<\/span><\/p>\n

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