What Kinds Of Businesses Use PEOs?
Just about any type of business can benefit from working with a PEO. Service companies, manufacturers, retailers, hospitality providers, charitable and community service organizations, associations, even professional offices like doctors and dentists, are all PEO customers. PEOs operate in all 50 states. The average PEO client, according to NAPEO, has 16 employees. Much larger companies, in addition, are also finding value in a PEO arrangement. It is estimated that 2 to 3 million working Americans are already employed by companies using PEO outsourcing services. Throughout the 1990s and continuing into this decade, PEOs have been among the fastest-growing business services companies in the country. Many are expanding at over 20% per year.
