Keeping a small business running and growing in Mobile can be difficult, especially as growth brings on new challenges. While you’d probably prefer to be on the keeping up with the day-to-day operations of your business, many small business owners find themselves overwhelmed by the ever-increasing administrative paperwork that comes with a growing company.
You may be wondering how other small business owners manage to handle their normal responsibilities with the added HR and accounting paperwork that comes with growth. Many small business owners turn to HR and accounting professionals at a professional employer organization (PEO) for help. The need for the services provided by PEOs is one leading reason why the PEO industry has grown 14 times faster than other parts of the economy.
Given the rapid growth of the PEO industry, you may be concerned that you’ll have trouble finding a PEO that has just the right services for your business. Many business owners in your position have turned to the PEO brokers at NetPEO for help. If you’re interested in learning more about how a PEO broker can simplify the search for a PEO, call us at (678) 376-1212.
How a PEO Broker Like NetPEO Works
The PEO brokers at NetPEO are here to help you find the right PEO for your business in Alabama. When you reach out to one of our PEO brokers, we take the time to learn about your business. Our brokers will interview you to understand your business’s industry, the number of workers you have employed, what sort of worksite you use, and how you expect to grow as a company. We also help you figure out the type of HR and accounting services that fits best with your management style.
Our interview with you helps us perform an in-depth client analysis. We use the results from this analysis to recommend a PEO provider from our national network of PEO providers. We rely only on PEOs with a proven track record of helping small businesses just like yours.
It’ll be up to you to decide which of the carefully selected PEOs you want to partner with. We’ll help you schedule interviews and negotiate terms for your eventual co-employment agreement.
Already have a PEO partner that you’re less than satisfied with? No problem! NetPEO’s brokers are ready to help you figure out what went wrong and how a new PEO partner may be able to address your concerns. We stick up for you, which is one reason we’ve maintained a 100% client satisfaction rating.
Costs of a PEO
While you will never have to worry about paying for the services of NetPEO’s brokers, you should understand what you’ll be paying when you sign a co-employment agreement. The cost for the PEO’s services will depend on the type and extent of the services, but will be calculated in one of two ways:
- Based on the number of workers on your payroll
- The gross cost of your payroll
When determining what PEO is the best fit for you, we can help you determine which payment method works best for you. If you employ a large number of workers, you may find that it’s more cost-effective to pay based on a percentage of your gross payroll. If you have a relatively low number of highly paid employees, it could save you money to agree to a flat fee based on the number of workers.
Additional Benefits of Choosing to Work with a PEO
When you partner with a PEO, you get more than just the HR and accounting services that you need to run your business. On average, businesses that partner with a PEO do better than those who don’t. In fact, you’ll see a benefit in:
- Growth rate
- Employee retention
- Administrative costs
You’ll grow faster, keep your employees longer, and save nearly $500 a year on administrative costs per employee. Additionally, according to research done on behalf of the National Association of Professional Employer Organizations (NAPEO), businesses who partner with a PEO have a better survival rate than other businesses.
Call NetPEO Today to Find a PEO for Your Mobile Business
If you’re ready to see what a PEO broker in Mobile can do for your business, call us today at (678) 376-1212. You can also enter your contact information on the sidebar of this website. One of our brokers will be in touch within 48 hours to get you started on the path to your new PEO partnership!