The National Association of Professional Employer Organizations (NAPEO) has released a new 4-minute video highlighting the hands-on, personal approach professional employer organizations (PEOs) used to help their small business clients navigate through the unprecedented hardship caused by the coronavirus pandemic.
Shot through a series of Zoom video calls, the video shows example after example of the ways PEO professionals went above and beyond in assisting their clients in very personalized and individual ways during a time of fear and uncertainty. These efforts ranged from simply calling to check in on their clients to steering them through the Paycheck Protection Program (PPP) loan process to enable them to remain in business.
“When it comes down to it, PEOs are about people – that is our competitive advantage,” said NAPEO President & CEO Pat Cleary. “Throughout the pandemic, PEOs have stepped up for their clients to help them through this crisis, showing great personal concern and care along the way. The value proposition of a PEO has never been greater.”
The National Association of Professional Employer Organizations (NAPEO) is the Voice of the PEO Industry, with a membership of 300 PEOs of all sizes and 250 industry service partners. PEOs provide payroll, benefits, regulatory compliance assistance, and other HR services to small and mid-sized companies. Through PEOs, the employees of small businesses gain access to employee benefits such as 401(k) plans; health, dental, life, and other insurance; dependent care; and other benefits typically provided by large companies. PEOs provide services to between 156,000 to 180,000 businesses employing between 2.7 and 3.4 million people and generate between $136 and $156 billion in gross revenues annually. For more information about the PEO industry and NAPEO, please visit www.napeo.org.