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R E S O L U T I O N
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WHEREAS, National PEO Week is taking place from May 21 |
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through 27, 2023, providing a fitting opportunity to recognize |
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professional employer organizations for their contributions to |
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businesses across the United States; and |
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WHEREAS, The national professional employer organization |
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(PEO) industry provides payroll and human resources services to |
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hundreds of thousands of small and mid-sized businesses that, in |
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total, employ more than 4 million people; and |
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WHEREAS, Professional employer organizations help companies |
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improve productivity and profitability, expand their reach, and |
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achieve their goals; and |
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WHEREAS, By partnering with a PEO, businesses are able to |
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offer their employees retirement plans, health, dental, and life |
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insurance, dependent care, and other important benefits; and |
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WHEREAS, Professional employer organizations play an |
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instrumental role in ensuring that businesses continue to thrive |
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during challenging times, including the COVID-19 pandemic, when |
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these organizations helped their clients secure financial |
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assistance, manage employee leave, and apply for available tax |
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credits; and |
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WHEREAS, According to the National Association of |
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Professional Employer Organizations, businesses that partnered |
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with a PEO during the pandemic were nearly 60 percent less likely to |
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permanently close; and |
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WHEREAS, Professional employer organizations are a vital |
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asset to the businesses they serve, and it is a pleasure to join in |
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honoring these groups for their outstanding work; now, therefore, |
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be it |
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RESOLVED, That the House of Representatives of the 88th Texas |
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Legislature hereby recognize May 21 through 27, 2023, as National |
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PEO Week and extend to all those involved in the professional |
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employer organization industry sincere best wishes for the future. |