Small businesses are the lifeblood of a country. And no small business can achieve success without support from a tribe of employees, colleagues, investors, and third-party providers. This means getting outside help to take care of the areas that are not your strength thus ensuring that you shine in the things that matter the most at the same time making sure that nothing in your company is going out of place. Many small businesses after their company formation in Germany consider outsourcing part or all of their HR function to a PEO Company in Germany.
So Is this really a good idea or is it something everyone is doing for the sake of it? All the concerns running through your mind before hiring a PEO are understandable.
Is This A Good Investment?
A piece of advice here is to try to learn as much about the PEO as possible and ask for an itemized, unbundled quote so that you can see all parts of the fee before coming to a decision.