Pretty amazing stats from NAPEO on companies that use a PEO!
- PEOs provide services to 175,000 small and mid-sized businesses, employing 3.7 million people.
There are 907 PEOs in the United States.
The total employment represented by the PEO industry is roughly the same as the combined number of employees for Walmart (United States only), Amazon, IBM, FedEx, Starbucks, AT&T, Wells Fargo, Apple, and Google.
The PEO industry’s 175,000 clients represent 15 percent of all employers with 10 to 99 employees.
- Between 2008 and 2017, the number of WSEs employed in the PEO industry grew at a compounded annual rate of 8.3 percent. This is roughly 14 times higher than the compounded annual growth rate of employment in the economy overall during the same period.
What do you love most about your PEO?
To get more information from NAPEO click here.
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