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PEO Growth

NAPEO’S 2024 WHITE PAPER

During our Annual Conference and Marketplace in September, we unveiled the findings of our latest white paper. This year’s study was conducted by noted economists Dr. Laurie Bassi and Dan McMurrer of McBassi & Company. Titled PEO Clients: Faster Growing, More Resilient Businesses with Lower Turnover Rates, the study examined how PEO clients fare compared …

BY Chris Chaney

November 2024

MEET NAPEO’S NEW BOARD OF DIRECTORS MEMBERS

This September, six new PEO industry leaders joined NAPEO's Board of Directors. They spoke with PEO Insider to share a little about their backgrounds, why serving on the Board is important to them, and to share their advice for other members looking to get involved.

BY Chris Chaney

November 2024
PEO PROFILES

PEOS IN THE COMMUNITY:   ALTRES: HAWAII’S POTHOLE CREW

Through the company’s paid volunteering policy, the ALTRES ‘ohana — Hawaiian for family — has logged more than 650 volunteering hours with 75 local nonprofits over the past five years.

BY Evan Fallor

November 2024
FINANCE - OPERATIONS

UNDERSTANDING VEBAs: A GUIDE FOR PEOs 

For PEOs, establishing a VEBA presents an excellent opportunity to increase their service offerings, improve tax efficiency, and create a competitive advantage in the marketplace.

BY Jason F. Clausen, CPA

November 2024
FINANCE - OPERATIONS

THE FEEDBACK LOOP: POWERFUL WHEN PURPOSEFUL

When we apply the principle of the feedback loop in the proper way, with purpose, it can be a powerful tool with limitless applications in this complex business we are in.

BY Steven Sweeney

November 2024
Letter from the NAPEO President

PEOPLE HELPING PEOPLE

As I write this column for a PEO Insider issue related to external influences, I’m struck by the confluence of a few things: natural disasters, the US presidential election, and how we can all positively influence the lives of those around us.

BY Casey M. Clark

November 2024
HR - BENEFITS

FOSTERING A CULTURE OF LIFELONG LEARNING

Fostering a culture centered on continuous learning yields an array of benefits, including elevated levels of employee engagement, satisfaction, and retention.

BY Emily Duncan

November 2024
Letter from the NAPEO Chair

HOT TOPICS FOR PEOs HEADING INTO 2025

As we look ahead into 2025, there are additional issues we need to focus on to help our small business customers thrive.

BY David Feinberg

November 2024

EMPOWERING PEO SUCCESS: MAXIMIZING STRATEGIC IMPACT THROUGH EXTERNAL INFLUENCERS

Often, it’s client operational efficiencies, the “soft dollar savings”, that are never quantified in a black and white proposal, where external Influencers shine. The client trusts the external influencer more than the PEO salesperson to objectively validate and quantify investments in the PEO administration fees.

BY Mark Steiger

November 2024

AI AND TORT LIABILITY

As of this month, seventeen state insurance departments have adopted the NAIC model bulletin and four have passed laws restricting the use of AI. As an example, New York has restricted the use of any Automated Employment Decision Tool (AEDT) unless it has been tested for bias in the hiring process.

BY Paul Hughes

November 2024

NAVIGATING POLITICAL AND REGULATORY SHIFTS IN THE PEO INDUSTRY

Political and regulatory shifts inevitably influence how we operate and advise our clients.  In our role as strategic advisors, we must plan for all scenarios. Whether regulations tighten or loosen, businesses will need our guidance to implement sustainable workforce strategies that work within the regulatory framework.

BY Carrie Pilon, ESQ.

November 2024

THE EVOLVING PEO SERVICE MIX: RECRUITING IS NOW NON-NEGOTIABLE

Recruiting is no longer an optional service for PEOs aiming to provide comprehensive HR solutions. It is an essential component that enables PEOs to position themselves as true full-service providers, capable of meeting the modern demands of their clients.

BY Joshua Siler

November 2024

ECONOMIC UPDATE AND THE RISE OF AI: WHAT PEOS NEED TO KNOW

As AI transforms the business landscape, PEOs are uniquely positioned to assist small businesses in navigating this technological revolution. They can provide guidance on AI-related HR practices, help with training and development programs focused on AI skills, and offer insights into how AI can enhance various aspects of workforce management.

BY John Slavic

November 2024

Meet David Feinberg: NAPEO’s 2024-2025 Board of Directors Chair

A few weeks ago, nearly 1,000 industry members gathered in Orlando for our 2024 Annual Conference and Marketplace. We celebrated NAPEO’s 40th anniversary and welcomed new association leadership. David Feinberg, Justworks’ senior vice president of risk and insurance programs, officially took the reins as NAPEO’s new Board of Directors Chair. He’s been active within NAPEO …

BY Chris Chaney

October 2024
SALES - MARKETING

THE CRITICAL ROLE FOR PEOS IN MAXIMIZING EMPLOYEE CARE

Amid an ever-shifting set of challenges — from rising costs to changing consumer preferences and generational shifts in the workplace — employers now face a “permacrisis.” The formerly unprecedented has become the norm, ramping up pressure on employers to devise new strategies to safeguard their talent and grow their business.

BY Geoff Vandal

October 2024
SALES - MARKETING

SHARPEN YOUR FOCUS: TIPS FOR IDENTIFYING DEALS THAT WILL CLOSE

If you’re struggling with low close rates or stalled deals, be brutally honest with yourself by using these three criteria for each opportunity in your pipeline.

BY Haden Roberts

October 2024
FINANCE - OPERATIONS

GLOBAL WORKFORCE BENEFITS IN YOUR BACKYARD: WHY CANADA IS THE NEW FRONTIER FOR U.S. NEARSHORING

Nearshoring to Canada and partnering with PEOs offers U.S. companies a range of benefits, from lower healthcare costs and cultural alignment to advantageous time zones and currency savings. The combination of these factors creates a compelling case for considering Canada as a strategic expansion destination.

BY MARC PAVLOPOULOS

October 2024
LEGAL - LEGISLATIVE

HOW CAN PEOS PREPARE FOR EVOLVING PAY TRANSPARENCY AND EQUITY TRENDS?

Pay transparency is one of the hottest trends impacting the workforce today. It affects all aspects of workplace relationships – including hiring, recruitment, and retention efforts; supervision and leadership; and compensation and benefits.

BY Ben Ebbink, ESQ.

October 2024
LEGAL - LEGISLATIVE

LOPER BRIGHT’S DOUBLE-EDGED SWORD: PEO REGULATION IN A POST-CHEVRON WORLD

Loper Bright’s impact is already being felt. Agencies are backing away from some controversial rules and both new and pending challenges to agency positions have been bolstered as courts begin to apply the new framework.

BY Kerim Fidel, ESQ.

October 2024
Letter from the NAPEO President

COLLABORATION, LEADERSHIP & COMRADERY

What an exhilarating week to be part of this tremendous industry and community.

BY Casey M. Clark

October 2024
Letter from the NAPEO Chair

ADDING VALUE: HOW PEOs ENABLE SMBs TO BE EMPLOYERS OF CHOICE

The value of a PEO may start at its co-employment core, but the potential for specialization is limitless and up to you. By leveling the playing field with economies of scale and impactful benefit packages, PEOs can help SMBs become true employers of choice for top talent.

BY David Feinberg

HR - BENEFITS

PEOs CAN LEVERAGE INNOVATIVE HEALTH BENEFITS TO FUEL BUSINESS GROWTH

A PEO’s health benefits partners should be an extension of the PEO’s team, working together as trusted advisers to help design health benefits strategies, manage risk, analyze results, offer industry insights and best practices, and help plan for the future – which includes planning for the PEO’s business growth.

BY David Iacino

October 2024
HR - BENEFITS

PERSONAL TRANSFORMATION THROUGH SELF-LEADERSHIP

Personal transformation through self-leadership is the cornerstone of both individual and organizational success. 

BY Lee Pemberton, IV

October 2024
HR - BENEFITS

THE BENEFITS OF TRACKING YOUR NET PROMOTER SCORE

One of the standout benefits of NPS is its strong correlation with business growth. Research has shown that companies with higher NPS scores consistently experience better financial performance.

BY Kevin Gramian

October 2024
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