If you are a business owner, HR lead, or take on another managerial role within a staffing company, chances are you’re looking for tools to help you both scale and save money. You’ve probably also come across the EOR vs PEO debate and have looked into outsourcing to some capacity already.
At Headcount Management, we’ve spent years perfecting our formula for staffing solutions, finding a process that helps large staffing organizations scale to their true potential. We’re here to help you find tools and solutions that won’t break the bank, but will still encourage the growth you want.
If your organization has grown and you’re wondering what services can further help you save, we’ve got you covered.
What are EOR and PEO? What’s the difference?
An EOR, or Employer of Record, is an external company that serves as an employer for tax, legal and/or compliance purposes, while employees are working elsewhere.
A PEO, or Professional Employer Organization, offers similar benefits to an EOR but has distinctions around the size of the company and how taxes are filed.
While both PEOs and EORs act as an extension of your company, the main difference between the two is how they are classified. You can read more about these differences here.
Saving While You Scale
Services like EOR and PEO both function in a way that free up time for your Human Resources and back-office staff, allowing them to focus on and optimize other aspects of the business. They also help reduce costs associated with legal and accounting.
Rather than having to hire additional staff to take on administrative and HR duties, EOR or PEO services make employee management easier and ultimately more profitable as you continue to grow. These solutions absorb responsibility for all new hires, including administrative, legal, and compliance requirements.
Outsource and Save
It can be easy to think that things like HR, administrative tasks, onboarding and payroll aren’t places to save money. However, outsourcing HR and payroll responsibilities allows you to efficiently onboard new employees and ultimately keep costs low without putting extra burden on your back office. As you continue to scale and grow larger, the savings only increase.
Large companies trust the Headcount Management Staffing process because they see the value that we bring. Part of the reason our process works is because we recognize the importance of tailoring a solution to each specific company.
Whichever direction you’re considering, get in touch with Headcount Management Staffing to speak with an expert and find the tool, consultant, and exact service that works best for you and your team.
