Lone Star PEO is the partner you can count on whether you’re looking for a full-service PEO solution or customized HR Services.
WE’RE NOT BIG BUSINESS, WE’RE YOUR BUSINESS
Industry experts with years of experience
Cutting edge technology
Focused on customer satisfaction and loyalty
Seamless, professional, high-quality transparent services
CALL 210-496-7827
Lone Star PEO is the partner you can count on whether you’re looking for a full-service PEO solution or customized HR Services.
WE’RE NOT BIG BUSINESS, WE’RE YOUR BUSINESS
Lone Star PEO is Proud to Support these Charities
Lone Star PEO combines industry experts with years of experience, cutting edge technology and an environment focused on customer satisfaction and loyalty to deliver seamless, professional, high-quality transparent services.
CALL 210-496-7827
WHY A PEO?
A PEO allows small businesses to focus on their core mission and growth while improving productivity and profitability.
Through a PEO, the employees of small businesses gain access to big-business employee benefits such as: 401(k) plans; health, dental, life, and other insurance; dependent care; and other benefits they might not typically receive as employees of a small company.
WHY A PEO?
A PEO allows small businesses to focus on their core mission and growth while improving productivity and profitability.
Through a PEO, the employees of small businesses gain access to big-business employee benefits such as: 401(k) plans; health, dental, life, and other insurance; dependent care; and other benefits they might not typically receive as employees of a small company.
PEO FACTS
GROW 7% TO 9% FASTER
Since December 2004, employment at small businesses using PEOs has grown more than 7 percent faster than at small businesses overall, according to the Intuit Small Business Employment Index.
According to a recent study by noted economists Laurie Bassi and Dan McMurrer, businesses that use PEOs grow 7 to 9 percent faster, have employee turnover that is 23 to 32 percent lower, and are 50 percent less likely to go out of business than companies that do not use PEOs.
FOCUS YOUR ATTENTION ON YOUR CORE BUSINESS
FOCUS YOUR ATTENTION ON YOUR CORE BUSINESS
HAVE 10 TO 14% LOWER EMPLOYEE TURNOVER
The average overall employee turnover rate in United States is approximately 42 percent per year, based on 2012 data. It is 28 to 32 percent for companies that used PEOs for at least four quarters
KEEP TURNOVER LOW AND SURVIVAL HIGH
BE 50% LESS LIKELY TO GO OUT OF BUSINESS
Businesses that use PEOs are approximately 50 percent less likely to fail (permanently go “out of business”) from one year to the next when compared to similar companies in the population as a whole.
The overall business failure rate among private businesses in the United States as a whole is approximately 8 percent per year, based on 2012 data. It is approximately 4 per cent per year for those companies that used PEOs for at least four quarters.
