PEO Exit:

Help Foreign-based MNC transition US operations away from cPEO.  

While a PEO provides comprehensive HR services, including payroll, benefits administration, and compliance, it may not align with the company's long-term HR goals or culture. Transitioning away from a PEO allows companies to have more control over their HR functions and tailor them to meet their specific needs. Moreover, some companies may outgrow the services provided by a PEO, and the cost of the services may become prohibitive. Transitioning away from a PEO can help companies mitigate the risk of co-employment and protect their intellectual property and confidential information.

Neo’s Approach:

• Inventory PEO functions

• Select Benefits Broker and determined transition timeline

• Ensure HR and Employment Law Compliance while transitioning payroll, benefits, and pension plans

Results:

Increase in employee satisfaction and expanded benefits coverage with no increase in total expenditure.