With unemployment near a 50-year low, it has become an “employee” rather than an “employer” marketplace. Brian Michaud, SVP of ADP TotalSource® explains, “With the ability to work from anywhere and little incentive to show company loyalty, American workers are discovering they have a unique kind of leverage—and are using it to demand a new kind of work experience.”
Against this backdrop, it’s imperative for small businesses to find better ways to hire and retain employees, and to increase employee engagement. One such opportunity is to partner with a Professional Employer Organization, also known as a PEO.
