Harvard PEO
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Harvard PEO is a technology-enabled service provider that offers experienced human resource professionals, including an attorney, to handle HR administrative tasks and compliance needs for employers with over 75 full-time W-2 employees. They also provide an integrated web-based HR platform for both employers and employees, with a rich reporting system and workflow for HR, finance, and ownership levels. Additionally, Harvard PEO offers a unique brokerage function that provides quotes from other major PEOs, compares services, and gives access to pre-negotiated wholesale pricing.
Strengths
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Expertise
Harvard PEO has a team of experts who can provide guidance and support for HR-related tasks.
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Compliance
Harvard PEO ensures compliance with state and federal regulations, reducing the risk of legal issues.
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Cost Savings
Harvard PEO can help businesses save money on HR-related expenses, such as benefits administration and payroll processing.
Weaknesses
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Limited Services
Harvard PEO may not offer all the HR services that a business needs, such as recruiting or training.
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Lack of Control
Harvard PEO takes over certain HR tasks, which means the business may have less control over those processes.
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Dependency
Harvard PEO becomes a critical part of the business's HR operations, which can create a dependency on the service.
Opportunities
- Harvard PEO can expand its services to include additional HR functions, such as recruiting or training.
- Harvard PEO can leverage technology to improve its services, such as offering an online portal for employees to access HR information.
- Harvard PEO can stay up-to-date on industry trends and offer new services or solutions to meet changing needs.
Threats
- Harvard PEO faces competition from other PEOs and HR service providers.
- Changes in state or federal regulations could impact Harvard PEO's ability to provide certain services or increase compliance costs.
- An economic downturn could lead to decreased demand for HR services, impacting Harvard PEO's revenue and growth potential.
Ask anything of Harvard PEO with Workflos AI Assistant
https://harvardpeo.com/
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Harvard PEO Plan
Harvard PEO offers a tiered pricing strategy with three versions, ranging from $99 to $199 per employee per month.