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Employees’ health care spending up, usage down

1. Since December 2004, employment at small businesses using PEOs has grown more than 7 percent faster than at small businesses overall.

2. The average overall employee turnover rate in the United States is approximately 42 percent per year, but that figure drops 14% for companies that used PEOs for at least four quarters.

3. Businesses that use PEOs are 50 percent less likely to permanently go out of business from one year to the next when compared to similar companies in the population as a whole.

Source: NAPEO.com

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