Alexandria, Va. (April 3, 2006) - Thousands of America´s small businesses that work with professional employer organizations (PEOs) can match or surpass the success of many large businesses. Their PEOs provide a comprehensive package of HR services that gives them more time for productive activities, saves them money, improves their workers´ lives, and provides a valuable group of employment experts. As a result, these businesses have every reason to celebrate with their PEOs during National Small Business Week, April 9-15.
During National Small Business Week, the PEO industry will present success stories of small businesses working with PEOs to advance their human resource strategies and workers´ access to good employee benefits. The industry´s leading trade association, the National Association of Professional Employer Organizations (NAPEO), will serve as the focal point for these success stories nationwide.
The PEO industry is one of the fastest growing, most successful industries today because it contributes to the growth of entrepreneurial small businesses in America, whether they are just starting, jump-starting or growing to a new level of performance. PEOs enable small businesses to cost-effectively outsource the management of human resources, employee benefits, payroll and workers' compensation. As a result, the business owners focus on their core competencies to maintain and grow their bottom line.
The PEO story is woven in the nation´s fabric, explained Milan P. Yager, executive vice president of NAPEO. "America´s 25 million small businesses are the foundation of this nation´s entrepreneurial success and the source of a livelihood for half our nation´s workers. PEOs deliver the specialized HR skills and benefits paramount to workplaces in the 21st Century. They are a powerful part of the equation for small businesses´ success," he said.
All across the nation, executives of small businesses can cite their reasons for using PEO services. Sandra McKenzie and Ray Conta are two who recognized they needed a PEO as their companies grew. "Our PEO takes the worry out of running the business," said McKenzie, the president and COO of Affinity Home Hospice Services in Birmingham, Ala. "I probably would need two employees to do what this PEO has done, and the savings are just unreal." Conta, the vice president and co-founder of North Eastern Asset Recovery, Inc., New York, noted, "As our company grew we would have needed more HR staff. Instead we decided to work with a PEO. We also found that working with our PEO was good financially in the short term and long term."
For more about National Small Business Week, April 9-15, and the U.S. Small Business Administration´s national conference April 12-13, visit http://www.sba.gov/sbw/. To learn about PEOs, go to NAPEO´s Web site: www.napeo.org.
NAPEO, the National Association of Professional Employer Organizations, is the recognized "Voice of the PEO Industry. ®" NAPEO has 350 PEO members found in all 50 states, representing more than 70 percent of the revenues of the $51 billion PEO industry. PEOs enable clients to cost-effectively outsource the management of human resources, employee benefits, payroll and workers´ compensation. PEO clients focus on their core competencies to maintain and grow their bottom line. To learn more about the PEO industry and how PEOs contribute to small businesses´ success, visit the NAPEO Web site: www.napeo.org.
NAPEO
901 N. Pitt Street, Ste. 150, Alexandria, VA 22314
Phone: (703) 836-0466
Fax: (703) 836-0976