PEOs - The Good - The Bad - Everything You Need to Know About PEO's

Understanding PEOs: Benefits, Downsides, and Real-World Costs

In this episode, Mel, an HR and employee benefits expert with over 20 years of experience, dives deep into Professional Employer Organizations (PEOs). Mel addresses common questions about PEOs, such as their functions, advantages, and potential cost savings. She explains the co-employment model, the benefits of large group plans, and the administration involved in payroll, compliance, and benefits. Mel also discusses the possible downsides, including reduced control and hidden fees, and provides insights into transitioning in and out of PEOs. This comprehensive guide helps employers determine if a PEO is the right choice for their business.

00:00 Introduction to PEOs
02:05 Understanding PEOs: What They Are and How They Work
03:48 Responsibilities and Co-Employment Model
04:48 Detailed Breakdown of PEO Functions
22:29 Why Choose a PEO?
30:56 Costs and Pricing Models of PEOs
34:44 Transitioning In and Out of a PEO
44:55 Hidden Fees and Final Thoughts

🛑 Disclaimer: This is not legal, medical, or financial advice. I’m not your broker or healthcare provider. I’m simply sharing 20+ years of industry experience to help educate and entertain.

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