March 15, 2017

PEOs Are Staffing Up to Meet Demand

In a new survey, 41% of PEO industry executives reported increasing internal employees in the third quarter of 2016, compared to the third quarter of 2015. And, 7% of this group reported “significant” staff increases. With PEOs staffing up to meet demand, it’s clear the PEO market is growing. It’s time you partnered with a broker-focused PEO who can help you grow your business. 

The PEO Industry Expands

The quarterly survey, conducted by the National Association of Professional Employer Organizations (NAPEO) after the presidential election in November 2016, showed that PEO results increased across all key industry factors in the third quarter 2016, compared to the third quarter of 2015. Increases were noted in revenues, gross profits, and operating income.

These statistics clearly illustrate how the PEO market is growing. More and more small businesses are seeing the tremendous value of partnering with a PEO to manage their HR responsibilities.

Make Extensis Your PEO Partner & Watch Your Business Grow

Extensis has had multiple years of double-digit growth and is well-positioned for continued growth. We’re financially stable—with over $1.5B of employment-related costs managed annually. We’re proud of our customer service records: 95% of new clients are referred to us and 97% of our clients renew annually.

Join our network of brokers. Contact us today to learn more.