What if your business is unknowingly overpaying for HR and payroll services — to the tune of six figures a year?
In this episode of Heart of the Hustle, I sit down with Rory Money, founder of Magnet HR Group, who pulls back the curtain on the bloated fees, hidden costs, and compliance risks lurking in traditional PEO (Professional Employer Organization) models. With 25+ years of experience in HR, payroll, and benefits, Rory is on a mission to help small and midsize businesses get big-league support without the bloated price tag.
We talk about:
The real difference between a PEO and an ASO
- How one company saved over $300,000 by switching to Rory’s boutique solution
- What small businesses need to know about EEOC claims, HR compliance, and payroll taxes
- How to offer better benefits without breaking the bank
- Outsourcing HR can protect your people and your profit
- And what makes her approach so personal and people-first
If you’ve got employees and you’re not sure if your HR setup is protecting your business — or quietly draining your bottom line — this is the episode you need to hear.
Guest:
Rory Money, Founder of Magnet HR Group
🔗 www.magnethrgroup.com
💬Timestamps:
00:00 Introduction to Emotional Intelligence
00:34 Welcome to Heart of the Hustle
00:51 Meet Rory Money and Mag HR Group
01:07 Defining Small to Medium-Sized Businesses
01:39 HR Services and Support
03:24 Legal and Compliance Issues in HR
04:39 The Cost of Payroll and HR Services
10:21 PEO vs. ASO: Understanding the Differences
18:56 The Importance of Company Culture
22:25 Rory Money's Founder Story
27:21 Lessons Learned as a Small Business Owner
30:30 Future Plans and Contact Information
👑 Why You Should Listen:
If you’re stuck in a PEO model you don’t fully understand — or wondering if there’s a better way to manage HR, payroll, and benefits — Rory delivers the clarity (and cost savings) you’ve been looking for.
Her boutique firm doesn't just process paperwork. They protect your business, advocate for your people, and offer support when you need it most — without the massive price tag of the big guys.
📣 Mentioned In This Episode:
Magnet HR Group → www.magnethrgroup.com
Employer Practices Liability Insurance (EPLI)
Department of Labor & EEOC Claim Risk
Benefits Broker: Shoot Benefit Group
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