Does a PEO help businesses with hiring and managing employees?
Employee recruitment and management is not a standard PEO offering. Most PEOs’ HR services begin after employees sign on with your company. ADP TotalSource offers talent management as part of its HR services and can help you attract, develop, engage, and retain great employees.
Talent management can include everything from recruiting, interviewing, and hiring employees through employee retention and exit interviews. A strong talent management strategy positions your company to attract top performing employees and enable them to grow in their positions and their careers. According to a 2018 McKinsey & Company study, “organizations with effective talent-management programs have a better chance than other companies of outperforming competitors and, among publicly owned companies, are likelier to outpace their peers’ returns to shareholders.”1
1 “Winning with your talent-management strategy”, McKinsey & Company, 2018.