PEO’s are being challenged by tech savvy startups and need to offer more services than ever. It’s a competitive space that grows at a 14 percent higher rate than the US Economy in general. Industry analysts and experts agree that in order to retain your customers and grow your PEO, a diverse service offering is key.
More PEO’s are offering staffing and more staffing firms are offering PEO services. How can mid-size PEO’s compete? You need an innovative applicant tracking system partner, like BrightMove.
Business owners are busier than ever and are considering hiring more staff to help handle the load. Nearly four in 10 business owners plan to hire staff over the next six months (39 percent, up from 34 percent last spring) and the lowest number since 2007 say they will not hire or cut back (30 percent).
Most agree that hiring is the key to success. “You're only as good as your people" was the top-chosen “mantra" (26 percent) of most small-business owners in the Small Business Monitor, and finding the right staff was the most common obstacle to future growth, with 19 percent of owners naming it their biggest challenge.Read More