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Step Away From The Crowd! |
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This is one of the toughest and
most competitive markets insurance and other local
business consultants
have seen in many years. On top of a soft market, PEOs
(outsourced HR companies) are taking an ever increasing
share of the traditional market. THRN offers our
members the tools they need to take a leadership role in
reshaping
today's market environment.
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THRN will help you prevent the profit erosion created by the
soft market and the growth of PEOs
on your business. THRN will strengthen and solidify the value of your
services to your clients. We will also broaden your revenue
stream by adding new commissionable revenues to your business.
There are fundamental market changes
occurring today.
Between 1980 and 2000, the
number of labor laws and
regulations grew by almost two
thirds, says the federal Small
Business Administration.
The SBA
estimated owners of small or
mid-sized business spent up to a
quarter (25%) of their time on
the
ever
increasing employment-related paperwork. PEOs are attractive to the small to mid-sized employer
because they assume much of this
burdensome responsibility and
help companies comply with all
these regulations.
As a
one-stop solution, businesses are increasingly outsourcing to PEOs
everything from administering
the payroll and paying
employment related taxes, to
employment liability, risk management, recruiting,
providing health benefits, and
securing workers' compensation
coverage.
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With an estimated $61
billion in gross revenues in 2007, PEOs are growing at
a rate of 20% per year. |
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There are over 700 PEOs
operating around the USA today and that number is
steadily increasing. |
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The average PEO employer
size is around 20 employees; the average salary is
around $30,000; representing an average employer payroll
between $500,000 to $600,000. |
3 Key Value Propositions of
THRN to Your Customer
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Key Value |
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Allows the employer to return
their focus to managing the growth of their
business rather than managing the growth of
their human resources.
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Key Value |
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Offers a one-stop shop for a
wider-range of HR services that can generally be
offered via a small to mid-sized employer; and
often at a lower total cost!
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Key Value |
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Offers the employer the security
of a local business relationship with the THRN
member (you) and the sophisticated offerings
available through THRN.
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