Situation:
A tech startup experiencing rapid growth was struggling to manage HR functions in-house. The company’s founders were concerned about compliance with employment laws, offering competitive employee benefits, and managing payroll efficiently. They sought a PEO solution to offload these responsibilities and focus on scaling their business.
Solution:
PEO Selector assessed the startup’s specific needs, including its industry, employee demographics, and desired benefits. We matched the startup with a PEO that specializes in technology companies, offering comprehensive HR support, including payroll management, compliance assistance, and a robust benefits package tailored to attract and retain top talent.
Outcome:
The chosen PEO provided the startup with the necessary HR infrastructure, ensuring compliance with state and federal regulations. The company was able to offer a competitive benefits package, including health insurance, retirement plans, and wellness programs, at a lower cost due to the PEO’s buying power. This enabled the startup to attract top-tier talent and focus on product development and market expansion.
- - Industry: Technology
- - Size: 50 employees
- - Size: West Coast, USA
- - Size: Rapid growth, HR compliance, employee benefits