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We’re innovating HR to help employers streamline operations and improve their position in the marketplace.
Businesses that use PEOs are approximately 50% less likely to go out of business from one year to the next when compared to similar companies in the population as a whole. The overall business failure rate among private businesses in the United States is approximately 4% less per year for companies that used PEOs.1
Companies save more by outsourcing administrative tasks. The average overall employee turnover rate in the United States is approximately 42% per year, based on 2012 data. It is 28 to 32% for companies that used PEOs for at least four quarters.1
Since December 2004, employment at small businesses using PEOs has grown more than 7% faster than at small businesses overall, according to the Intuit Small Business Employment Index.2
Nic – Area Director, Pennsylvania Staffing Firm
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