The Bureau of Labor Statistics, along with the National Association of Professional Employer Organizations [NAPEO] documented the average cost savings from partnering with a company like Cardinal Services are $1,775 per year per employee. Previous findings, of earlier research spanning the last 10 years, have confirmed that using this type of employment services firm lowers employee turnover, spurs higher rates of revenue growth, and leads to an increase in employee benefit offerings, which impacts employee retention and enhances talent recruiting.
Employers realize an average annual return on investment of 27.2 % due to cost savings in the following areas:
What is PEO?
A professional employer organization (PEO) provides comprehensive HR solutions for small businesses. Payroll, benefits, HR, tax administration, and regulatory compliance are some of the many services PEOs provide to small and growing businesses across the country.
We call it Co-Employment
3 WAYS SMALL BUSINESSES BENEFIT FROM USING A PEO
Professional Employer Organizations: Keeping Turnover Low and Survival High | McBassi & Company | 2014
Professional Employer Organizations: Fueling Small Business Growth | McBassi & Company | 2013
Why Cardinal Services?
We are the Pacific Northwest’s leading full-service professional employer. Since 1984, we’ve been a trusted colleague of business owners because we offer a full suite of workplace solutions customized to fit any type of business or industry.
Beyond payroll services, Cardinal can provide new employee recruitment, screening and on-boarding services; on-demand HR expertise, safety and risk management consulting; access to health and qualified retirement plans; affordable co-employment options—and the peace of mind which comes from partnering with an expert!
About Cardinal Services, Inc. | Family-owned & operated, Cardinal's been helping Oregon business owners achieve marketplace success since 1984. For over 35 years we've been providing local businesses with a full range of employment services including customized, affordable staffing, payroll, and human resource services; risk management consulting, 401(K) benefit plans, co-employment options, and regulatory compliance support. We give companies immediate access to professional expertise at an affordable price—customized to fit any size business or type of industry. Cardinal has six office locations across Oregon— Portland, St. Helens, Eugene, Roseburg, Coos Bay, Bend, and in Northern California as Sequoia Personnel Services.