Jul 9, 2024

Leaving a PEO: Where do I start?

While Professional Employer Organizations (PEOs) can be a great solution for small businesses, there often comes a time when companies outgrow them. But how do you know when it's time, and what's involved in the transition?

🤔 Why companies leave PEOs:

• Significant benefits renewal increases

• Headcount growth leading to more complex needs

• Expanding in-house HR capabilities

🔄 Steps to transition off a PEO:

  1. Implement a new HRIS and payroll system

  2. Partner with a benefits broker to design a new package

  3. Transfer employee retirement accounts

  4. Re-hire employees under your company

  5. Register with state and local authorities

  6. Develop new HR policies and employee materials

💡 Pro Tip: Some PEOs allow partial transitions. Consider moving certain functions off (like insurance benefits) for a smoother process.

🚨 Remember: Transitioning off a PEO is complex, but with proper planning, it can lead to more tailored solutions for your growing business.

Questions about benefits during or after a PEO transition? Let's connect!

While Professional Employer Organizations (PEOs) can be a great solution for small businesses, there often comes a time when companies outgrow them. But how do you know when it's time, and what's involved in the transition?

🤔 Why companies leave PEOs:

• Significant benefits renewal increases

• Headcount growth leading to more complex needs

• Expanding in-house HR capabilities

🔄 Steps to transition off a PEO:

  1. Implement a new HRIS and payroll system

  2. Partner with a benefits broker to design a new package

  3. Transfer employee retirement accounts

  4. Re-hire employees under your company

  5. Register with state and local authorities

  6. Develop new HR policies and employee materials

💡 Pro Tip: Some PEOs allow partial transitions. Consider moving certain functions off (like insurance benefits) for a smoother process.

🚨 Remember: Transitioning off a PEO is complex, but with proper planning, it can lead to more tailored solutions for your growing business.

Questions about benefits during or after a PEO transition? Let's connect!