We’re proud to introduce our newest affinity partner, The PEO Group.
What is a PEO? A professional employer organization (PEO) provides integrated services to effectively manage critical human resource responsibilities and employer risks for clients. A PEO provides a service under which an employer can outsource employee management tasks, such as employee benefits, payroll and workers’ compensation.
PEO Industry Statistics in the State of Florida
According to the Florida Association of Professional Employer Organizations (FAPEO), PEOs develop lasting relationships with their clients. Due to strong client satisfaction, PEOs enjoy a nearly 86 percent client retention rate.
The FAPEO surveyed to determine the size of the PEO industry. PEOs employ more than 700,000 employees, serve over 50,000 companies, and pay $24 billion in payroll, making the PEO industry one of the largest employers in the state of Florida. (Source)
This partnership represents a new revenue generation source to the Alumni Association and is a resource for our alumni. To learn more about The PEO Group and to connect directly with Kenneth Orr ’77 or Amanda Winters, please visit www.thepeogroup.com/fiu.
Stay tuned for more exciting & informative blasts from The PEO Group!