Professional Employer Organization Services in the US - Procurement Research Report

Professional Employer Organization Services Procurement in the US

This report is intended to assist buyers of professional employer organization (PEO) services, which help cut management costs and reduce the complexity of providing support services to employees. Many types of companies use PEOs to outsource employee management responsibilities, including manufacturers, wholesale trade operators, finance and insurance firms and construction companies. PEOs form a co-employment relationship with their clients wherein the PEO becomes the legal employer of the client’s employees. PEOs manage and administer four main functions: payroll, workers' compensation, employee benefits and human resources. This report excludes expense management services and recruitment services.


TABLE OF CONTENTS

AT A GLANCE

EXECUTIVE SUMMARY

PRICE ENVIRONMENT
Price Fundamentals
Price Drivers
Recent Price Trend
Price Forecast

PRODUCT CHARACTERISTICS
Product Life Cycle
Total Cost of Ownership
Product Specialization
Related Goods
Substitute Goods
Regulation

Quality Control

SUPPLY CHAIN & VENDORS
Supply Chain Dynamics
Competitive Environment
Market Profitability
Switching Cost

PURCHASING PROCESS
Buying Basics
Key RFP Elements
NEGOTIATION STATISTICS

BUYER POWER SCORE COMPONENTS

JARGON & GLOSSARY

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