ABI: PEOs Help Lessen Regulatory Burden for Manufacturers

G&A Partners’ Regional Sales Director Tyler Penning offers three ways a professional employer organization can help manufacturers better manage regulatory-related costs in the article, “How PEOs Can Help Manufacturers Manage HR-Related Compliance.”

In the article, which appears in the Iowa Association of Business and Industry’s Business Monthly, Penning writes that high regulatory costs can hinder a manufacturer’s ability to create new jobs or offer competitive wages. In fact, a recent study by the National Association of Manufacturers reports that regulatory costs average $50,100 per employee for manufacturers with 50 or fewer employees.

“A professional employer organization (PEO) provides small and mid-sized companies – manufacturers included – a cost-effective solution to manage your human resources needs, reduce costs, and stay on top of labor laws and regulations,” writes Penning.

Working with a PEO gives manufacturers access to compliance and HR experts who can provide guidance and peace of mind when it comes to employment-related laws.

“Tracking ever-changing workplace laws and regulations is a full-time job,” says Penning. “But the consequences – potential penalties, fines, and lawsuits – can be costly. Noncompliance can also erode trust with your employees, negatively impacting company culture. With a PEO, you’ll have compliance experts on hand who’ll inform you of the latest labor laws and, more importantly, how they impact your business.”

To read the full article, please click here.