Why a PEO
Statistics Talk
The Numbers
According to the National Association of Professional Employer Organizations (NAPEO), businesses that partner with a PEO
grow
7-9%
faster
have
10-14%
lower turnover
are
50%
less likely to go out of business
The ROI of using a PEO (in cost savings alone) is 27.3%.
Why Choose A PEO?
Top Three Advantages
01
Employee Benefits
PEOs offer an expanded range of employee benefits, and according to NAPEO, clients are 50% less likely to face employee-related issues.
02
Time Savings
Businesses leveraging PEOs can save valuable time by outsourcing time-consuming HR tasks, enabling them to focus on essential core business functions.
03
Cost Savings
According to a NAPEO study, businesses using PEOs reported annual savings of approximately $450 per employee.
Why Covenant Services?
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Personalized Approach
CSVS is known for its personalized approach to client relationships. We strive to understand each client’s unique needs and tailor their services accordingly, fostering a more customized and responsive partnership.
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Holistic HR Solutions
CSVS provides more than basic HR and payroll services; it aims to offer comprehensive solutions. This includes benefits administration, compliance management, and a focus on helping businesses manage the employee-related aspects of their operations.
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Focus on Long-Term Partnerships
Rather than being transactional, CSVS emphasizes building long-term partnerships with its clients. This approach involves ongoing collaboration, understanding the client’s goals, and providing support for sustained success.
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Risk Management Expertise
CSVS helps businesses navigate the complexities of HR compliance and risk management. Their expertise in these areas can be particularly valuable for clients looking to minimize legal and regulatory risks associated with HR functions.
Client Success
How can your business benefit from Covenant Services?
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