| | March 2021MANAGEHRMAGAZINE.COM6Today, professional employer organizations (PEOs) provide services to an estimated 175,000 small and mid-sized businesses, and employ close to 4 million people. The PEO market is expected to grow with a CAGR of 11.2 percent during the forecast period. However the lack of control and security concerns related to employee information are some important issues related to the PEO market that may hamper future demand. As a result of the pandemic, a majority of organizations have implemented or expanded universal work-from-home policies and PEOs are best suited to help them with the transition. PEOs are helping companies navigate flexible work arrangements, create work-from-home policies, and outline best practices on how to best manage remote workers. In addition, the PEO technology platform provides a great foundation for electronic on-boarding and communication. With PEOs, businesses have a partner that handles all essential pieces of their HR infrastructure as it relates to employee benefits, including researching affordability, contract negotiations with benefit partners, and communication with employees about their benefits. In this edition of Manage HR, we bring you the story of some of the most successful PEO companies in APAC that deliver the best outcomes for their clients. This edition also offers a combination of thought leadership from subject matter experts with real-life stories on fostering robust partnerships and exclusive insights from CIOs and CXOs. We hope this edition will provide you with the right assistance in choosing the right PEO partner according to your requirements.Let us know your thoughts!EditorialImplementing a New Normal across IndustriesManaging EditorAlex GonsalvesEditorial StaffAaron PierceAva Garcia Philo VazRussell ThomasVisualizersRonald DonovanCopyright © 2021 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffEmail:sales@managehrmagazine.comeditor@managehrmagazine.commarketing@managehrmagazine.com MANAGE HR MAGAZINEMarch - 12 - 2021, Volume 02, Issue 02 Published by ValleyMedia, Inc. To subscribe to Manage HR MagazineVisit www.managehrmagazine.com Alex GonsalvesManaging Editoreditor@managehrmagazine.comAlex Gonsalves
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