Adjusting to a New Normal: How PEOs Help SMBs Move Forward
COVID-19 changed how the world works. For small and mid-size businesses (SMBs) especially, it can be difficult to navigate and move forward in a world that is suddenly very different. From managing payroll for a modified workforce to ensuring workplaces are fully compliant and safe for employees, there is a lot to consider. With no real end to the pandemic…
How Can a PEO Achieve Profitability and Organic Growth?
Andy Lubash, CEO at PrestigePEO A lot of advice around PEO profitability and growth focuses on sales tactics, marketing campaigns, or other ideas. While these kinds of strategies may bring short-term success, they don’t necessarily lead to long-term growth. Instant gratification is nice, but over time, does the PEO really build on its success? The true driver of a PEO’s…
Open Enrollment 2020: Employee Benefits Are Different This Year
It’s 2020. Things sure are different now. From the employee perspective, benefits like health insurance are more important than ever. A new report from Prudential Financial reveals double-digit increases in the value employees place on their benefits packages, with over 70% of respondents indicating employee benefits are “a big reason they would stay at a job.” This is up from…
Diversity, Equity, and Inclusion Initiative
Communities, institutions, and businesses haven’t done enough to address issues of systemic racism and inequality in the U.S. PrestigePEO is committed to understanding the complex issues of race, class, gender, sexual orientation and otherwise-based forms of discrimination – and figuring out how we can do better together. PrestigePEO is a leading professional employer organization (PEO) that partners with small and…
How a PEO Helps Businesses Navigate COVID-19
It’s never been easy to run a business. While unprecedentedly challenging, the global COVID-19 pandemic is only the latest catalyst for change in a time when change itself has become the new norm. As the world becomes more interconnected, businesses of all sizes are tasked with figuring out how to enact more sustainable business models, deliver new kinds of value,…
How a PEO Fosters a Culture of Integrity, Inclusion and Innovation
A PEO, or “professional employer organization”, is a full-service extension of your HR department. PEOs help small and mid-size businesses manage critical HR functions like employee benefits, payroll, compliance, and HR management. With the support of a PEO, small and mid-size businesses (SMBs) are able to reduce costs, increase employee satisfaction, and dedicate more time to their core business. On…
The PrestigePEO Advantage
What is a PEO? It’s a common question because many business leaders don’t realize that they don’t have to do everything on their own – especially when it comes to human resources (HR). Small and mid-size businesses are often unable to adequately support their employees and handle the administrative burdens typically associated with HR. Whether your business is looking to…
Partnering with Norton to Offer LifeLock
PrestigePEO, a leading professional employer organization (PEO) that partners with small and mid-sized businesses throughout the United States to deliver full-service HR solutions, is excited to now offer LifeLock with Norton as part of our employee benefit offerings to our clients and their employees. Information shared on the Internet can easily put anyone at risk. As the world becomes increasingly…
Eric Foodim, COO of PrestigePEO, Named Honoree of LIBN Business and Finance Awards
Long Island, New York, September 29, 2020 – PrestigePEO, a leading professional employer organization (PEO) that partners with small and mid-sized businesses throughout the United States to deliver full-service HR solutions, is delighted to announce its Chief Operating Officer, Eric Foodim, is an honoree of the Long Island Business News Business and Finance Awards. Long Island Business News (LIBN) is…
It’s That Time Again: Getting Through Annual Health Insurance Renewals
Once per year, employers that offer their employees health insurance benefits must review and re-enroll in their plan options. It’s often a time-consuming and stressful process for CEOs, CFOs, and HR professionals everywhere. If you own a business or manage employee benefits for one, you’re probably familiar with the burden associated with health insurance renewals as rates continue to increase…