For many startup companies, doing things unconventionally often leads to great successes. However, not following the rules of compliance can be costly, racking up serious expenses for startups. We’ve compiled four of the biggest HR and Payroll mistakes frequently made by startups to help other new businesses from making the same mistakes.
How PEOs Create Value for Small Businesses
A Professional Employer Organization (PEO) is the key to many small businesses’ successes. Managing operations such as payroll, worker’s compensation, HR administration, and retirement benefits, PEOs give smaller business owners more time to focus on vital company goals while benefiting from high growth rates and better employee retention. Here are some additional ways PEOs help create value for small businesses.