More PEO’s are offering staffing and more staffing firms are offering PEO services.
How can mid-size PEO’s compete?You need an innovative applicant tracking system partner (ATS), like BrightMove. With a tracking software that can effectively help your customers find the best talent, you have enhanced your business model. A PEO software for recruiting creates the trickle-down (or across, or sideways) effect. Since the PEO model of generating revenue is based off the number of employees managed per client, offering a solution to clients that helps them to hire more employees increases the revenue-generating potential.
Business owners are busier than ever and are considering hiring more staff to help handle the load. Nearly four in 10 business owners plan to hire staff over the next six months (39 percent, up from 34 percent last spring) and the lowest number since 2007 say they will not hire or cut back (30 percent).
Most agree that hiring is the key to success. “You're only as good as your people" was the top-chosen “mantra" (26 percent) of most small-business owners in the Small Business Monitor, and finding the right staff was the most common obstacle to future growth, with 19 percent of owners naming it their biggest challenge.Read More