39% of professional services companies are struggling to attract and recruit qualified candidates to replace retiring employees. Benefits are more important than ever to top job candidates, who see a full benefits package as a signal that the company truly values its employees.
If recruiting and retention are top concerns for your company, PEO’s cater to architecture, engineering, finance, law and technology companies. 60% of employees say the benefits they are offered are a key factor in their job satisfaction. By working with a PEO your company can offer the same benefits that large companies can.
27% of leaders in the professional services sector spend 16+ hours every week on HR administration. No wonder nearly a third of professional services leaders describe themselves as extremely or very stressed and 39% expect to outsource HR functions in the next 12 months.
By offloading some HR functions to a PEO, companies can save $2,000 per employee per year, while reducing employee turnover 23-32% less than companies that don’t use PEO. PEO’s help companies grow 7-9% faster than companies that don’t use PEO.
Get information on how PEO can help your professional services business.
