Excerpt from: Professional Employer Organization -- PEO
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| September 24, 2007 | | Here is some general information about PEO's | NAPEO members report an average of 14 worksite employees per client company with an average gross pay per worksite employee of $19,659. - NAPEO 1997 Financial Ratio Survey Average annual cost of regulation, paperwork, and tax compliance for firms with fewer than 500 employees is about $5,000 per employee, compared with $3,400 per employee for firms with more than 500 employees - U.S. Small Business Administration, 1995. The average small business owner spends between 7% and 25% of his or her time handling employee-related paperwork. - U.S. Small Business Administration | | |
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