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With research showing that small businesses that use professional employer organizations (PEOs) grow at a rate 7% to 9% faster than similarly sized businesses that don't, it is little wonder that the industry continues to grow at a steady rate.

A 2017 report for the National Association of Professional Employer Organizations (NAPEO) by economists Laurie Bassi and Dan McMurrer found that partnering with a PEO for human resources and other services was associated with a range of favorable outcomes for small and mid-sized businesses.