Why would a worker of a small business want a PEO as a Co-employer?
Worksite employees seek financial security, a safe working environment, on-going / quality professional support and opportunities for retirement savings. PEOs may provide Fortune 500 quality employee benefits including health insurance, 401-(k) savings plan, and aggressive worksite risk management. Job security is improved as the PEOs economy of scale permits a business to lower employment related costs. Job satisfaction and productivity increases when workers are provided quality human resource services like employee handbooks, grievance procedures and improved communications.