PEO Cost Calculator
Find out if a Professional Employer Organization (PEO) can save your business money on HR, payroll, and benefits.
Estimate Your PEO Savings
Disclaimer: This calculator provides an estimation based on general assumptions about PEO pricing and typical internal HR costs. Actual costs and savings can vary significantly based on your specific business, industry, location, chosen PEO services, and current arrangements.
What is a PEO? And Why Use One?
A Professional Employer Organization (PEO) provides comprehensive HR solutions for businesses. By entering into a co-employment relationship, a PEO shares employer responsibilities, allowing you to outsource key HR functions.
PEOs typically handle payroll processing, benefits administration (health, dental, vision, 401(k)), workers’ compensation, HR compliance, and sometimes even talent acquisition and performance management. This can free up your time and resources, allowing you to focus on core business activities.
Benefits of Partnering with a PEO:
- Cost Savings: Access to better rates for health insurance and workers’ compensation due to the PEO’s larger client pool.
- Reduced Administrative Burden: Offload time-consuming HR tasks like payroll processing, tax filing, and benefits enrollment.
- Improved Compliance: PEOs keep up-to-date with labor laws and regulations, reducing your risk of costly penalties.
- Enhanced Benefits: Offer competitive benefits packages that attract and retain top talent, often at a lower cost than managing them in-house.
- HR Expertise: Gain access to experienced HR professionals for strategic advice and support.
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