Simplifying Payroll: Why Smart Contractors Are Turning to PEOs | Buying Local #69

In this episode of Buying Local, Mike Nelson sits down with Nick Schkrioba of Peoplease to break down how Professional Employer Organizations (PEOs) help businesses simplify payroll, workers’ compensation, compliance, and HR operations. Nick explains how outsourcing back-office tasks allows business owners to focus on growth while gaining access to better insurance rates, risk mitigation, and nationwide support.Learn more about Nick and Peoplease at Peoplease.com.0:00 Introduction0:27 Meet Nick Schkrioba and Peoplease1:08 What a Professional Employer Organization Does1:53 Why Peoplease Focuses on Blue and Gray Collar Industries2:37 Nick’s Career Journey and Returning to New York3:58 Breaking Down the Core Services of a PEO5:00 Why Compliance Is Harder Than Ever for Business Owners6:00 The Rise of Outsourcing Back-Office Operations06:38 The Limits of Traditional HR Departments7:27 The Buying Power Advantage of a PEO8:53 How Employee Pools Lower Insurance Costs10:11 Nationwide Coverage for Multi-State Businesses11:08 Clearing Up the Employee Ownership Misconception13:46 Do PEOs Help With Hiring and HR Strategy?15:14 How Risk Mitigation and Workers’ Comp Savings Work17:12 Keeping Contracts with a Better Workers’ Comp Mod20:04 Payroll, Compliance, and Safety Training Support24:20 How to Connect With Nick and Peoplease