Choosing a PEO:
Key things to consider
Choosing the right PEO can seem impossible. With so many PEO organizations out there, all promising you the same thing, how do you establish which is best? Searching for and choosing the right PEO offering the best benefits package for your business isn’t easy. That’s why it’s important to ask all the right questions.
Mark Baggs
Head of Global Expansion
With a PEO, you can say goodbye to a major part of arduous employer-related admin. Plus, you can reduce some of your employer challenges that come with a global workforce.
Some important things to consider when making your choice are:
Are they a member of NAPEO (National Association of Professional Employer Organization)?
We are proud to be a member of NAPEO, the official voice of the PEO industry. The organization provides the best source for tools and information. Benefits include networking and gaining access to the latest up to date industry information. The organization also provides a range of resources helping PEOs provide the best service to their clients.
Do they provide a flexible tailored service?
Just like all people are different, so is every business. It’s important the PEO you work with can be flexible and tailor their services to your business. Things you should look out for as part of a package are strategic HR reviews and assessments. These help identify the next steps for your PEO and align your vision to create a successful global expansion strategy.
At Gibson Watts Global, we provide a Flexible Cost Model, incorporating everything you need to expand abroad. It provides flexibility to choose specific services, depending on the stage of your global expansion journey.
How long have they been in business?
We have been in the business over 15 years. We have experience mobilizing companies in a variety of sectors in over 120 countries. During this time, we have accumulated a large global talent pool of experts in a variety of industries.
With an experienced PEO, you can be sure the facilitation of your global workforce will be seamless. So, you can focus on growing your business.
Will the PEO provide you with some references/testimonials?
Testimonials and references show how your potential PEO provider has helped other businesses. We can provide you with some testimonials from our most recent clients. We also have online resources helping you understand global expansion for your business.
With Gibson Watts Global, you receive expert advice through every stage of your global expansion journey.
What employee benefits packages do they provide?
Employee benefits are incredibly important, both for employee acquisition and retention. When incentivising the right people for the role, a paycheque isn’t enough. Popular benefits employees are looking for include health insurances, savings plans, wellness programs, and life insurances.
When looking for the right PEO, it’s important to question the benefits on offer. Will they will meet the demands of your employees? You need to discuss this with your potential PEO provider before you spend money on unnecessary packages, which don’t include the fundamentals.
Knowing what questions to ask a PEO will save you time and resources. You need to be sure they understand your business and can work with you to bring your vision into a reality.
With your business, we create and implement the right strategies to hit your global expansion goals.