Professional employer organization
125
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32
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32
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Search complete. 125 mentions across 32 episodes found for "Professional employer organization".
Nov 3, 2026
Carrie ChervenyGUEST
So, you know, we've done it, I think like a lot of firms, we've done it in pockets, right? We had an ICRA practice.
Carrie ChervenyGUEST
I ran the PEO practice for years.
Carrie ChervenyGUEST
I'm a recovering defense attorney.
Carrie ChervenyGUEST
I was in-house counsel at a PEO.
Carrie ChervenyGUEST
And so I've been running the PEO practice as an alternate strategy for our small group, working with our SBU small group units to look at more competitive ways for smaller employers to find strategy.
Carrie ChervenyGUEST
But in the meantime...
Carrie ChervenyGUEST
In the backdrop or overhead or maybe all of the things, the fully insured market has been vibrating harder and harder.
11 MINS LATER
Carrie ChervenyGUEST
I sort of understood it, but now I understand it more that you've unpacked it.
Bradd ChignoliGUEST
And we know when that happens, they're more engaged in the workforce, they stay at their employers longer.
Bradd ChignoliGUEST
40% or so of small businesses today tell us that they're engaged through a PEO.
Bradd ChignoliGUEST
It helped their retention and their attraction of their people to be able to offer a much more robust program as being a part of a PEO.
speaker_1NARRATOR
Welcome to Thrive, a Paychex business podcast.
speaker_1NARRATOR
Your blueprint for navigating everything from people to policies to profits.
Bradd ChignoliGUEST
And then in the last kind of decade or so, I spent my years leading some of our different businesses.
Bradd ChignoliGUEST
And today I lead our regional business as well as our workforce engagement.
Bradd ChignoliGUEST
And what that really means is is our businesses that are focused on the SMB market, the small middle size employer market, as well as our PEO business, which is a large business for ours that really focuses in on the smaller employer and the entities that they join to help give them scale as it relates to payroll and benefits.
Paul MooreGUEST
An amazing entrepreneur, follower of Jesus, Ohio State grad, Ford Motor Company guy.
Paul MooreGUEST
We started an HR, I won't say consulting, but we were called a PEO, Professional Employer Organization.
Paul MooreGUEST
Oh, sure.
Paul MooreGUEST
And we ran that for about five years, and we got an offer to be acquired.
6 MINS LATER
Paul MooreGUEST
I was having a personal revolution in my own faith as well.
Paul MooreGUEST
And that was part of it.
Rich SandersHOST
So you mentioned, I love this, Paul, you mentioned that you and your friend from Ford had started out as entrepreneurs and started this PEO.
Rich SandersHOST
For those of our listeners who are entrepreneurial but are currently not in an entrepreneurial setting, they're either working for someone else or like you, they're in a big company like Ford.
EdgiHOST
Yeah.
EdgiHOST
So what's good to know, this company exists out of two segments, employer services and PEO services.
EdgiHOST
So what are employer services, maybe just for the listener? These are those cloud-based platforms for human resource management, payroll, time tracking, talent management, and tax filing.
EdgiHOST
So in other words, if you want your salaries to be paid to the employees, you need something like ADP or its competitor, Paychex, as an example, which I also own.
Nicole CraveiroGUEST
And unfortunately, that didn't come to fruition.
Nicole CraveiroGUEST
So I started working for a PEO.
Nicole CraveiroGUEST
Do you know what that is?
Mikulas ZachHOST
A PEO? PEO.
Mikulas ZachHOST
PEO.
Mikulas ZachHOST
I am actually not sure.
Nicole CraveiroGUEST
Okay.
Nicole CraveiroGUEST
So a PEO is a professional employer organization.
Trisha RichGUEST
There's a 2001 opinion out of North Carolina.
Trisha RichGUEST
And really importantly, they're structured very much like PEOs, Professional Employment Organizations.
Trisha RichGUEST
And those have also existed in the law for decades.
Trisha RichGUEST
There are more than a dozen opinions around the country about PEOs.
Trisha RichGUEST
So the base for this has existed in the practice of law for a long time.
Trisha RichGUEST
The other thing I'll say about MSOs specifically in the law is, again, if you read the media, you would think that there's exactly one kind of MSO, and that's the kind of MSO where you quote unquote, sell out to private equity.
Brittany GeorgeHOST
Yeah.
Mike TerryGUEST
Brittany, that's mind blowing for me because, you know, I put in my budget, as you know, my company, we're transitioning from a PEO style platform, you know, a third party runs payroll and manages benefits and workers comp and that sort of thing.
Mike TerryGUEST
For those who are not familiar with a professional employer organization set up, we're moving from that to what's called, you know, in-house.
Mike TerryGUEST
So payroll will be managed in-house, benefits will be managed in-house.
Samantha Viola WilsonHOST
Right.
Samantha Viola WilsonHOST
Absolutely.
Samantha Viola WilsonHOST
And now are you thinking about other, like maybe other software? So you're unraveling from a PEO, right? And the workers' companies be something that they handle.
Samantha Viola WilsonHOST
Are you now looking to see what else the PEO handled that now I can do with Claude, but then maybe other vendors that I have that I could also potentially eliminate because I have Claude and I can have other, you know, workflows as well?
Hiram SkaggsGUEST
And they probably tell them about it a couple times because they're explaining what Evolve is and all those things in there because it's kind of a unique concept.
Hiram SkaggsGUEST
For other things, like when I was in the PEO space, that's a professional employer organization space, like that's a very complex sale.
Hiram SkaggsGUEST
Uh, that's offloading some of the liability of having employees to a third party company that also offers, uh, insurance, right.
Hiram SkaggsGUEST
Uh, so that they can be part of like a larger pool and their health insurance can be more affordable.
Linda StrohscheinGUEST
They're like, pfft.
Linda StrohscheinGUEST
But then actually we became part of a PEO.
Linda StrohscheinGUEST
And don't ask me what that stands for because I don't know what the acronym stands for.
Linda StrohscheinGUEST
But we started working with a PEO.
Linda StrohscheinGUEST
And then because we were then part of this larger group of 300,000 people, you know, not just my group of 15 at the time.
Linda StrohscheinGUEST
they had the ability to negotiate the health insurance rates with the Blue Cross Blue Shield, with the humanism of the world.
Linda StrohscheinGUEST
Can we, right.
Linda StrohscheinGUEST
So just lots of questions that came up and I wasn't really quite sure how to handle that.
Kelsey WillockHOST
It's a really interesting idea.
Kelsey WillockHOST
It's kind of the next age of a PEO almost.
Kelsey WillockHOST
So definitely a space I continue to want to poke on and see what innovative solutions come up.
Kelsey WillockHOST
So I really like that idea of the co-op opportunity.
22 more episodes mention Professional employer organization.
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