---
title: How PEOs Can Stay Competitive in a Growing Market
description: As a PEO, staying competitive to attract and retain clients in an increasingly crowded market is essential.
image: https://blog.hiringthing.com/hubfs/Ten%20Ways%20PEOS%20Can%20STay%20More%20Competitive.jpg
---

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# How PEOs Can Stay Competitive in a Growing Market

![Pat Brothwell](https://blog.hiringthing.com/hs-fs/hubfs/1621426681866%20(1).jpg?width=45&name=1621426681866%20(1).jpg) 

[Pat Brothwell](https://blog.hiringthing.com/author/pat-brothwell)

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![Workers brainstorm via keyboard about how their PEO can stay competitive in a growing market. ](https://blog.hiringthing.com/hubfs/Ten%20Ways%20PEOS%20Can%20STay%20More%20Competitive.jpg)

487 PEOs represent [15.3% of all employers](https://www.napeo.org/what-is-a-peo/about-the-peo-industry/industry-statistics) with 10 to 99 employees in the United States. That’s impressive, but with 84.7% of small and medium businesses (SMB) unaccounted for, there’s an enormous growth opportunity, and [90% of PEOs surveyed by NAPEO](https://www.prnewswire.com/news-releases/latest-peo-pulse-survey-shows-peo-industry-optimistic-about-future-growth-301557841.html) anticipate some kind of positive growth moving into 2023.

As a PEO, it’s essential to [stay competitive to attract and retain clients](https://www.hiringthing.com/private-label/hr-organizations/) in an increasingly crowded market.

## Ten Ways for PEOs to Stay Competitive in 2023

- [Offer a Wide Range of Services](https://blog.hiringthing.com/how-peos-can-stay-competitive#Offer-a-Wide-Range-of-Services)
- [Keep Up-to-Date With Industry Trends](https://blog.hiringthing.com/how-peos-can-stay-competitive#Keep-Up-to-Date-With-Industry-Trends)
- [Provide High-Quality Customer Service](https://blog.hiringthing.com/how-peos-can-stay-competitive#Provide-High-Quality-Customer-Service)
- [Offer Competitive Pricing](https://blog.hiringthing.com/how-peos-can-stay-competitive#Offer-Competitive-Pricing)
- [Invest in Employee Training and Professional Development](https://blog.hiringthing.com/how-peos-can-stay-competitive#Invest-in-Employee-Training)
- [Leverage Technology](https://blog.hiringthing.com/how-peos-can-stay-competitive#Leverage-Technology)
- [Foster Strong Relationships With Clients](https://blog.hiringthing.com/how-peos-can-stay-competitive#Foster-Strong-Relationships-With-Clients)
- [Develop a Robust Online Presence](https://blog.hiringthing.com/how-peos-can-stay-competitive#Develop-a-Robust-Online-Presence)
- [Understand the Specific Needs of Clients](https://blog.hiringthing.com/how-peos-can-stay-competitive#Understand-the-Specific-Needs-of-Clients)
- [Stay Compliant With Laws and Regulations](https://blog.hiringthing.com/how-peos-can-stay-competitive#Stay-Compliant-With-Laws-and-Regulations)

### Offer a Wide Range of Services

As the world of work becomes more people-centric, companies are looking for solutions that support the entire HR cycle, not just payroll here and benefits there. PEOs can stay competitive by offering a wide range of services, including human resources management, payroll, employee benefits, and recruiting and retention solutions. 

Here at HiringThing, we’re the creators of a [private label applicant tracking system](https://blog.hiringthing.com/private-label-ats-enhances-hr-tech-companies) that allows PEOs to add proprietary hiring software to their suite of solutions. Check out our blog to learn more about how a private label applicant tracking system benefits PEOs. 

[![Benefits for PEOs and ASOs](https://no-cache.hubspot.com/cta/default/9445952/88b18513-5b92-44d8-aa5a-ef0327018282.png)](https://cta-redirect.hubspot.com/cta/redirect/9445952/88b18513-5b92-44d8-aa5a-ef0327018282)

[Back to Top](https://blog.hiringthing.com/how-peos-can-stay-competitive#Top-of-Page)

### Keep Up-to-Date With Industry Trends

PEOs should [stay up-to-date](https://9445952.hubspotpreview-na1.com/resources/ebook-hr-tech-peos) with industry trends and emerging technologies to provide the best possible service to clients. This can help PEOs identify new opportunities and stay ahead of the competition—having clients rely on your expertise to help guide their HR decisions and strategize for the next steps automatically ups your value compared to competitors. 

In 2023, HR trends to know include: 

- Reshaping recruiting strategies.
- Prioritizing employee well-being.
- Understanding [Gen Z](https://blog.hiringthing.com/understanding-gen-z-job-seekers) talent.
- Upskilling and training workplace leaders.
- Consolidating your HR tech.

For a more in-depth look, check out [Five HR Trends to Know for 2023.](https://blog.hiringthing.com/five-hr-trends-to-know-for-2023)

[Back to Top](https://blog.hiringthing.com/how-peos-can-stay-competitive#Top-of-Page)

### Provide High-Quality Customer Service

[84% of customers](http://www.salesforce.com/blog/2019/07/customer-experience.html) say their customer-service experience is as essential as product functionalities and results. Therefore, PEOs should focus on providing high-quality customer service to retain clients and attract new ones. High-quality customer service can involve:

- Prioritizing proactive customer service.
- Asking for feedback often.
- Personalizing features and functions.
- Responding to all communication quickly and meaningfully.
- Updating and enhancing your services constantly.

High-quality customer service prevents [customer churn](https://blog.hiringthing.com/how-hr-systems-can-prevent-client-churn) (which also keeps your PEO competitive). Check out [Five Way to Prevent Customer Churn](https://blog.hiringthing.com/five-ways-for-hr-systems-to-prevent-customer-churn) for more customer-retention strategies. 

[Back to Top](https://blog.hiringthing.com/how-peos-can-stay-competitive#Top-of-Page)

### Offer Competitive Pricing

PEOs should offer competitive pricing for their services in a competitive market. This may involve conducting market research to determine the going rates for PEO services, offering competitive pricing packages to clients, and ensuring your customers always feel they’re getting a high value for their money. 

[Back to Top](https://blog.hiringthing.com/how-peos-can-stay-competitive#Top-of-Page)

### Invest in Employee Training and Professional Development

PEOs should invest in employee training and development to provide clients with the highest level of service. This may involve providing ongoing training and support for employees and opportunities for professional growth and advancement.

Despite their prominence, many individuals aren’t aware of what a PEO does. Strong training and development also ensure your staff can quickly and efficiently communicate your PEOs value to current and potential customers. 

[Back to Top](https://blog.hiringthing.com/how-peos-can-stay-competitive#Top-of-Page)

### Leverage Technology

PEOs can stay competitive by [leveraging technology](https://www.hiringthing.com/developers/) to streamline operations and provide better client service. This may involve using software to automate HR processes, using data analytics to gain insights into workforce trends, or implementing other technologies that help PEOs better serve their clients.

HR tech trends PEOs should be familiar with in 2023 include:

- The use of [private labeling](https://www.hiringthing.com/private-label/) to add additional HR tech solutions.
- Using technology to drive DEI initiatives.
- Ensuring tech complements the [employee experience](https://blog.hiringthing.com/employee-onboarding-software-enhances-the-employee-experience).
- Meaningful automation.

Check out [2023 HR Tech Trends You Need to Know](https://blog.hiringthing.com/2023-hr-tech-trends-you-need-to-know)to explore more. 

[Back to Top](https://blog.hiringthing.com/how-peos-can-stay-competitive#Top-of-Page)

### Foster Strong Relationships With Clients

PEOs should work to foster strong, long-term relationships with their clients. This may involve regular communication, providing tailored solutions to meet clients' unique needs, and being responsive to their concerns and requests.

Communicating often with customers helps establish trust and proactively reminds them of the value you bring. 

[Back to Top](https://blog.hiringthing.com/how-peos-can-stay-competitive#Top-of-Page)

### Develop a Robust Online Presence

In today's digital age, PEOs need to have a robust online presence. This may involve maintaining a professional website, using social media to engage with clients and potential clients, and being active in online forums and industry groups. 

Some more specific recommendations, straight from the marketing teams of several of our PEO clients, include: 

- A YouTube channel discussing thought-leadership topics like the state of hiring, increasing DEI, HR trends, and how to be more people-centric—YouTube *is* the world’s second biggest search engine after Google.
- Having company leaders pen [LinkedIn](https://blog.hiringthing.com/linkedin-changed-how-you-pay-for-recruiting-ads.-heres-what-that-actually-means) articles geared towards SMB leaders.
- Coming up with a personalized PEO hashtag where you dispense up-to-the-minute HR advice and hot takes.
- Creating TikTok or Instagram reels on workplace best practices.

[Back to Top](https://blog.hiringthing.com/how-peos-can-stay-competitive#Top-of-Page)

### Understand the Specific Needs of Clients

[66% of customers](https://blog.hubspot.com/service/customer-experience-trends?__hstc=189261236.62784c0404fe7c57cf9ca9023a68a868.1625529071065.1671110867299.1671139649748.723&__hssc=189261236.11.1671139649748&__hsfp=3716947838#:~:text=to%20for%202022.-,Customer%20Experience%20Statistics,than%20companies%20that%20aren't.) expect service providers to understand their needs. Customers will spend more for a good experience ([10% more](https://www.forbes.com/sites/shephyken/2021/08/29/customers-will-pay-more-for-this/?sh=794e99b116c6) in almost every industry), and customer-centric companies are 60% more profitable than companies that aren’t.

PEOs should take the time to understand the particular needs of their clients to provide tailored solutions that meet those needs. This may involve conducting regular surveys and assessments to gather feedback from clients and using that feedback to improve their services.

[Back to Top](https://blog.hiringthing.com/how-peos-can-stay-competitive#Top-of-Page)

### Stay Compliant With Laws and Regulations

Stay compliant with laws and regulations: PEOs must stay compliant with employment laws and regulations to avoid any legal problems for their clients. This may involve staying up-to-date with laws and regulations changes and implementing policies and procedures to ensure compliance.

[NAPEO](https://www.napeo.org/)is the go-to source for everything PEO-related and the best place to stay abreast of changing laws and regulations. 

[Back to Top](https://blog.hiringthing.com/how-peos-can-stay-competitive#Top-of-Page)

## A Solid Strategy Makes it Simple for PEOs to Stay Competitive

Overall, there are many ways that PEOs can stay competitive in 2023. By offering a wide range of services, keeping up-to-date with industry trends, providing high-quality customer service, and leveraging technology, PEOs can stay ahead of the competition and continue to provide value to their clients.

[Back to Top](https://blog.hiringthing.com/how-peos-can-stay-competitive#Top-of-Page)

### About HiringThing

[HiringThing is a modern recruiting and employee onboarding platform](https://www.hiringthing.com/) as a service that creates seamless talent experiences. Our white label solutions and open API enable technology and service providers to offer hiring and onboarding to their clients. Approachable and adaptable, the platform empowers anyone, anywhere to build their dream team.

![Pat Brothwell](https://blog.hiringthing.com/hs-fs/hubfs/1621426681866%20(1).jpg?width=150&name=1621426681866%20(1).jpg)

#### Pat Brothwell

[Follow me on LinkedIn](https://www.linkedin.com/in/pat-brothwell-275b82196/)

Pat Brothwell was a Content Marketer at HiringThing, where he created and oversaw the HiringThing Content Strategy. Pat’s long been passionate about democratizing the world of work and ensuring recruiting and hiring is fair and equitable for all. When he’s not immersed in content, Pat enjoys hiking, traveling, Bruce Springsteen, and blogging about his new home in Asheville, North Carolina.

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### [Overcoming Top Vertical SaaS Challenges](https://blog.hiringthing.com/overcoming-top-vertical-saas-challenges)

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### [Solving HR Tech Challenges](https://blog.hiringthing.com/solving-hr-system-challenges)

HR software has never been more popular. More than [12.1 million employers](https://www.hrtechconference.com/program?utm_source=HRE&utm_medium=HRE&utm_campaign=Ablinus.9.20.21#keynotes) in the U.S. spend over $5 trillion on HR tech, including HR Solutions like Human Resource...

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[Read More](https://blog.hiringthing.com/solving-hr-system-challenges)

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---

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      "text" : "487 PEOs represent 15.3% of all U.S. employers with 10 to 99 employees, leaving 84.7% of small and midsize businesses unaccounted for. With 90% of PEOs surveyed by NAPEO anticipating positive growth, there's an enormous opportunity for PEOs that stay competitive."
    },
    "name" : "How big is the growth opportunity for PEOs?"
  }, {
    "@type" : "Question",
    "acceptedAnswer" : {
      "@type" : "Answer",
      "text" : "PEOs can offer a wide range of services, keep up with industry trends, provide high-quality customer service, price competitively, invest in employee training, leverage technology, foster strong client relationships, build a robust online presence, understand clients' specific needs, and stay compliant with laws and regulations."
    },
    "name" : "What are ten ways PEOs can stay competitive?"
  }, {
    "@type" : "Question",
    "acceptedAnswer" : {
      "@type" : "Answer",
      "text" : "84% of customers say their customer service experience is as essential as product functionality and results. Proactive service, frequent feedback requests, personalization, fast meaningful responses and constantly improving services help PEOs prevent churn and attract new clients."
    },
    "name" : "Why does customer service matter so much for PEOs?"
  }, {
    "@type" : "Question",
    "acceptedAnswer" : {
      "@type" : "Answer",
      "text" : "PEOs can automate HR processes, use data analytics for workforce insights, add HR tech solutions through private labeling, use technology to drive DEI initiatives, ensure tech complements the employee experience, and apply meaningful automation."
    },
    "name" : "How can PEOs use technology to stay competitive?"
  }, {
    "@type" : "Question",
    "acceptedAnswer" : {
      "@type" : "Answer",
      "text" : "Recommendations include maintaining a professional website, a YouTube channel on thought-leadership HR topics, LinkedIn articles by company leaders aimed at SMB owners, a personalized PEO hashtag with timely HR advice, and TikTok or Instagram reels on workplace best practices."
    },
    "name" : "How can PEOs build a stronger online presence?"
  }, {
    "@type" : "Question",
    "acceptedAnswer" : {
      "@type" : "Answer",
      "text" : "66% of customers expect providers to understand their needs, customers will spend about 10% more for a good experience, and customer-centric companies are 60% more profitable. Regular surveys and assessments help PEOs tailor solutions to each client."
    },
    "name" : "Why should PEOs understand each client's specific needs?"
  } ]
}
```

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