The Power of PEO Partnerships
How professional employer organizations can help their clients support employee well-being
Although the advantages to working with a PEO are clear, not all companies that would benefit from a PEO partnership choose to pursue one. A major reason is cost; firms may be concerned that the value isn’t there, and even some companies that used to work with a PEO cite cost as the primary factor behind why they stopped doing so.
With workforce well-being declining and worksite employees more reliant than ever before on their benefits, working with a PEO is an investment small companies can’t afford not to make to remain competitive and attract and retain top talent. This report explores how PEOs can more effectively position themselves as key partners to their current and prospective clients.
77% of employers who use a PEO agree they place a higher priority on providing better benefits than employers who don't.
80% of worksite employers say improving their employees' financial security is their top priority.
Businesses that use a PEO are 57% likelier to offer a behavioral health program.
Unless otherwise noted, all data is sourced from Guardian’s 13th Annual Workplace Benefits Study, 2024.
Material discussed is meant for general informational purposes only and is not to be construed as tax, legal, or investment advice. Although the information has been gathered from sources believed to be reliable, please note that individual situations can vary. Therefore, the information should be relied upon only when coordinated with individual professional advice. The Guardian Life Insurance Company of America (Guardian), New York, NY. Guardian, its subsidiaries, agents, and employees do not provide tax, legal, or accounting advice. Consult your tax, legal, or accounting professional regarding your individual situation.
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