1、EGUIDESetting the Stage for Success:How a PEO Boosts SMB GrowthHOW A PEO BOOSTS SMB GROWTH|2Introduction:How a PEO Boosts SMB Growth In recent conversations with small and medium-size businesses(SMBs),TriNet found that some have not only survived the pandemic,but also thrived.According to a survey T

2、riNet conducted in collaboration with The New York Times,“A majority(58%)says sales and growth at their companies have been positively impacted thanks to digital transformation and remote work.”1 Many anticipate significant growth in the months and years ahead.2 Such growth periods,however exciting,

3、can bring with them enormous pressures to hire new talent,maintain a company culture that has contributed to success,and do it all with increased speed and efficiency.These demands make growth periods a perfect time to engage a professional employer organization(PEO).To demonstrate how a high qualit

4、y PEO can effectively guide SMBs through these chal-lenges,this eGuide focuses on three companies at different levels of maturity,all of which are experiencing or are about to experience robust growth.Gemelli Biotech is a recent start-up,Abrams Media is a 13-year-old company in expansion mode and Co

5、rdoba Music Group is an established global company that turned to TriNet for help navigating the pandemic.A PEO provides SMBs with a full range of human resources(HR)solutions,typically including payroll,access to benefits,workers comp,a technology solution and HR consulting.While the PEO assumes ce

6、rtain employer functions for items such as payroll,tax filing and access tobenefits,the business owner maintains its role as worksite employer,with the right and responsibility for all workplace decisions,including hiring and firing,compensation and more.The benefits of this arrangement are clear.Th