Below is a snapshot of the major areas Payday supports your business without taking control of your business.
Don’t just take our word for it. Here are three major research-based benefits to partnering with a professional employer organization.
Since December 2004, employment at small businesses using a service like Payday has grown more than 7 percent faster than at small businesses overall, according to the Intuit Small Business Employment Index.
The average overall employee turnover rate in the United State is approximately 42 percent per year, based on 2012 data. It is 28 to 32 percent for companies that used a service like Payday at least four quarters.
Businesses that use a service like Payday are approximately 50 percent less likely to fail from one year to the next when compared to similar companies in the population as a whole.
* This data is provided by the National Association of Professional Employer Organizations.