PEO: Greater than the Sum of its Parts
The basic value proposition of the PEO is simple: PEO clients receive human resources, benefits, risk management, payroll, and all of the associated compliance services, all in one place, the value of which is greater than the sum of its parts. Of course, if the PEO weren’t able to internalize this seemingly paradoxical principle, the value proposition—and the operation that creates it—would not be possible.
So, how do PEOs orchestrate all of the moving parts of their operations to deliver this value? The individual parts are important, and clients and worksite employees certainly benefit from them, but looking at the PEO holistically—as a complete system—allows the synergies that make all the parts work together efficiently.