MAY 2023

THIS MONTH'S FOCUS: THE FUTURE OF THE PEO INDUSTRY

MEET CONGRESSWOMAN ERIN HOUCHIN

Voters in Indiana's 9th Congressional district elected Congresswoman Erin Houchin to serve in the United States House of Representatives in November 2022. In doing so, Rep. Houchin became the first woman elected to Congress from her district. She also holds the distinction of being the only person elected to Congress who has worked for a PEO.

Rep. Houchin spoke to PEO Insider about her decision to seek public office, her experience working for a PEO, and the policies she champions.

BY CHRIS CHANEY

JUNE/JULY 2023

CONTENTS

COVER STORY
  • Letter from the NAPEO Chair
  • Quick Hits (8)
  • HR & Benefits (2)
  • Legal and Legislative
  • Finance
  • Letter from the NAPEO President and CEO

FEATURED
  • Letter from the NAPEO Chair
  • Quick Hits (8)
  • HR & Benefits (2)
  • Legal and Legislative
  • Finance
  • Letter from the NAPEO President and CEO

TRACKS
  • Letter from the NAPEO Chair
  • Quick Hits (8)
  • HR & Benefits (2)
  • Legal and Legislative
  • Finance
  • Letter from the NAPEO President and CEO

FEATURED

SIFTING THROUGH THE NOISE: SPOTTING KEY PERFORMANCE METRICS

Performance metrics can provide valuable insights into different aspects of your business from financial health to client satisfaction. However, it can be challenging to determine which metrics are essential and which ones are merely background noise.

BY JULIE LONG

JUNE/JULY 2023

CLIENT-LEVEL FINANCIAL ANALYSIS

A client-level financial analysis shows the financial status of a PEO client over the entirety of partnership. It reflects all revenue and cost sources across the entire PEO business.

BY FRANK HUANG

JUNE/JULY 2023

PROFITABILITY ABCS: IT IS AS EASY AS 1-2-3

It is common to see distractions that may cause PEOs to spend much of their time focusing on just getting through the week. The desire to be all things to all people displaces opportunity on the scale.

BY JEAN GOLDSTEIN

JUNE/JULY 2023

MERGERS AND ACQUISITIONS IN 2023: CASH FLOW, VALUATION, DEAL TERMS

Among the many determining factors in PEO transactions, profitability is one of the most important. I like to call these factors “Pieces of the Puzzle” in this very complex 2023 world of M&A.

BY WANDA J. SILVA

JUNE/JULY 2023

THE 5 Ws OF PEO GENERAL LEDGER RECONCILIATIONS

General ledger reconciliation is a key control to help maintain timely and accurate financial statements in any business. General ledger balance sheet reconciliations are the most telling and critical tools in analyzing a PEO’s fiscal position.

BY JEAN GOLDSTEIN

JUNE/JULY 2023

THE POWER OF SOPS: THEY KEY TO BUSINESS EFFICIENCY, CONTINUITY, AND GROWTH

The key to streamlined operation lies in an often underestimated powerhouse: standard operation procedures.

BY ANTHONY LAPORTE

JUNE/JULY 2023

TRACKS

“Faucibus enim a iaculis consequat viverra. Turpis auctor mi vel lacus morbi velit eget quis. Scelerisque venenatis vulputate dui ipsum quis.”

BY CHRIS CHANEY

JUNE/JULY 2023

ASK THE EXPERT: A Q&A WITH PAUL NASH OF BEAZLEY

Employee engagement is a vast construct that touches almost every part of human resource management. If every part of human resources is not addressed in...

BY PAUL HUGESBY

JUNE/JULY 2023

NAVIGATING THE CHANGING LANDSCAPE OF EMPLOYEE COMPENSATION AND BENEFITS

Rewards and benefits are a core part of the HR and People functions at any organization. As the Senior Director of People Experience at Oyster HR, a global employment platform with employees in 70+ countries, my team and I are responsible for the experience of our employees from the day they sign their offer letter to their last day with the

BY MATT MCFARLANE

JUNE/JULY 2023
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BY PAT CLEARY

JUNE/JULY 2023

NAPEO ADVOCACY DAY IS A HOME RUN

Employee engagement is a vast construct that touches almost every part of human resource management. If every part of human resources is not addressed in...

THOM STOHLER

JUNE/JULY 2023

PEOS REMAIN OPTIMISTIC DESPITE ECONOMIC CONDITIONS

The results of NAPEO’s PEO Pulse Survey for the first quarter of 2023 show that PEOs, while currently optimistic, are more reserved about the extent of future growth. NAPEO’s Pulse Survey is generously sponsored by SUNZ Insurance.

BY CARSON KING

JUNE/JULY 2023
SAVE THE DATE

JOIN US IN ORLANDO FOR NAPEO’S CRO & PAYROLL SEMINAR: JULY 19-20

JUNE/JULY 2023
LCFS

MARK YOUR CALENDARS FOR OUR SUMMER LCFS

JUNE/JULY 2023
ACQUISITION NEWS

EMPLOYER FLEXIBLE ACQUIRES STEAMLINE CXO

JUNE/JULY 2023
CONGRATULATIONS

SYNDEO WINS CLEARLY RATED’S 2023 BEST OF HR SERVICES AWARD FOR SERVICE EXCELLENCE

JUNE/JULY 2023
SAVE THE DATE

JOIN US IN ORLANDO FOR NAPEO’S CRO & PAYROLL SEMINAR: JULY 19-20

JUNE/JULY 2023
LCFS

MARK YOUR CALENDARS FOR OUR SUMMER LCFS

JUNE/JULY 2023
ACQUISITION NEWS

EMPLOYER FLEXIBLE ACQUIRES STEAMLINE CXO

JUNE/JULY 2023
CONGRATULATIONS

SYNDEO WINS CLEARLY RATED’S 2023 BEST OF HR SERVICES AWARD FOR SERVICE EXCELLENCE

JUNE/JULY 2023

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