ALEXANDRIA, Va., May 2, 2017 /PRNewswire-USNewswire/ -- In honor of National Small Business Week, Pat Cleary, President and CEO of the National Association of Professional Employer Organizations (NAPEO) issued the following statement:
"Small businesses are the lifeblood of our economy. They bring jobs to our communities, provide valuable services, and generate innovation. Since 1963, we've set aside one week to recognize the contributions of small businesses, and rightly so. Through hard work, grit, and ingenuity entrepreneurs sustain our economy.
As the trade association for the PEO industry, NAPEO proudly supports National Small Business Week. NAPEO's member companies provide comprehensive HR solutions to small businesses, allowing them to prosper and grow. By partnering with a PEO, a business can stop worrying about paperwork and focus on their business. PEO's help a business grow faster, retain talent longer, and offer otherwise unaffordable HR expertise. It's the best kept secret in the small business world."
The National Association of Professional Employer Organizations (NAPEO) is The Voice of the PEO IndustryTM. PEOs provide payroll, benefits, regulatory compliance assistance, and other HR services to small and mid-sized companies. Through PEOs, the employees of small businesses gain access to employee benefits such as 401(k) plans; health, dental, life, and other insurance; dependent care; and other benefits typically provided by large companies. PEOs provide services to between 156,000 to 180,000 businesses employing between 2.7 and 3.4.
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SOURCE National Association of Professional Employer Organizations (NAPEO)