[Congressional Record Volume 169, Number 63 (Monday, April 17, 2023)]
[Extensions of Remarks]
[Pages E314-E315]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                    COMMEMORATING NATIONAL PEO WEEK

                                 ______
                                 

                           HON. ERIN HOUCHIN

                               of indiana

                    in the house of representatives

                         Monday, April 17, 2023

  Mrs. HOUCHIN. Mr. Speaker, I rise today to commemorate National PEO 
Week, which starts May 21 and ends May 27, 2023.
  National PEO Week will celebrate the important contributions of the 
professional employer organization (PEO) industry, which provides 
payroll, employee benefits, compliance assistance, and HR services to 
hundreds of thousands of small and mid-sized businesses that employ 
more than 4 million people.
  PEOs play a critical role in helping businesses survive and thrive, 
particularly during challenging times. In the dark days of the COVID 
pandemic, PEOs ensured that that their clients stay afloat by securing 
PPP loans and loan forgiveness, managing employee leave, and applying 
for available tax credits. In fact, businesses that partner with a PEO 
were nearly 60 percent less likely to have permanently closed than 
those that did not use a PEO during the pandemic.
  PEOs help small businesses improve productivity and profitability, 
focus on their core mission, and grow. Through a PEO, the employees of 
small businesses gain access to important employee benefits such as: 
401(k) plans; health, dental, life, and other insurance; dependent 
care; other benefits they might not

[[Page E315]]

typically receive as employees of a small company.
  I can attest to the value of PEOs. Before coming to Congress, I 
worked for a PEO and saw firsthand the positive impact they had on 
small businesses in Indiana.
  Mr. Speaker, I would like to congratulate the PEO industry for all 
they do to help our Nation's small businesses and their employees 
prosper.

                          ____________________