Maintaining an in-house HR department is time-consuming, stressful, and expensive. On the other hand, working with a professional employer organization (PEO) company allows you to outsource many HR tasks. This frees up your employees’ schedules and decreases HR costs overall.
However, in order to make the most of it, you must make sure that you have found the right PEO for your needs.
What Services Do Charleston PEOs Have to Offer?
Charleston PEOs offer a variety of services that can help streamline your human resources and overall administration duties.
Keeping track of employee benefits is critical. Employees value the benefits that they receive from their employer, and offering the right benefits can go a long way toward keeping the employees you need and cutting down on turnover.
A PEO can help you find and administer benefits, including:
- Health (and dental and vision) insurance
- Paid time off
- 401(k) plans
Legally, you have to keep up with employment taxes on all of your employees and ensure that you make those payments on time. A PEO can help ensure you keep up with federal and state employment tax requirements and get those taxes paid on time.
Payroll processing is one of the essential tasks often managed by a PEO. Managing payroll can take up a great deal of your time, especially as your business continues to grow. With a PEO, you can feel confident that checks are distributed promptly.
A PEO can also help create and maintain an online portal so that employees can take care of their payroll needs on their own.
Furthermore, a PEO can help deal with any payroll discrepancies and ensure that any issues are resolved quickly, which may help increase employee satisfaction.
Policy Creation and Implementation
The HR departments in most businesses create, manage, and implement a variety of policies and procedures throughout the organization, including those pertaining to:
- At-will employment
- Employment classifications
- Timekeeping and payment schedules
- Health and safety
- Employee conduct expectations
Many small business owners struggle to create and maintain those policies on their own, especially if they have only recently seen considerable growth. A PEO can help ensure that you have those policies and that your policies remain in compliance with all relevant regulations.
A PEO will also help keep up with essential regulations for your industry and the greater Charleston area to keep your business in compliance with all applicable legal requirements.
Whether you’re bringing a new employee on board or trying to provide employees with more information that can help them succeed in their chosen fields, you want to make sure that you’re providing adequate training. Keeping up with that training can prove incredibly difficult, especially if your business is growing rapidly or you have seen a high degree of turnover.
A PEO will help create your training materials and opportunities, ensuring that your employees receive the training they need to remain in industry compliance. Furthermore, your PEO can help implement that training, allowing new hires to onboard more successfully and increase the knowledge base of your long-term employees.
How a Charleston PEO Broker Can Help
Finding the right PEO for your specific needs is essential. Working with a PEO broker can help give you a better idea of your options.
Determine the Services You Need
Working with a PEO is a unique experience for many business owners, who may not know, at first, what specific services they need in order to help their business grow. A Charleston PEO broker can work with you to determine the specific services you need to help grow and support your business, including:
- What services you want to keep in-house
- What services you want the PEO to handle
- What services your business might not yet need, based on its current size
A PEO broker may also be able to provide you with additional information about the services you can outsource and how those efforts will free up your time for other tasks.
You can mix and match PEO services to choose the solution that works best for your business–and a PEO broker will help you find the custom options you need.
Choose the Right PEO for Your Needs
As your business grows, your PEO needs may change. Working with a PEO broker can help ensure that you have the right PEO for your needs at any given time, based on:
- Your budget
- The tasks you need to outsource
- What tasks you plan to handle on your own
A Charleston PEO broker will work with you to routinely revisit your PEO needs and select the options that are best for your situation.
Get Pre-Screened PEOs
Many business owners feel wary about dealing with a PEO. You might wonder, “Is a PEO safe?” Working with a reputable PEO is incredibly safe. In fact, many PEOs have better overall security than you may have implemented in your business.
However, there are scams out there. When you work with a Charleston PEO broker, you can feel confident that the PEOs recommended to you have been pre-screened, that they are trustworthy, and that you can count on them to handle your needs.
Contact a Charleston PEO Broker
Whether you have questions about which services you can outsource to a PEO or want to learn more about the right PEO for your business needs, NetPEO is here to help. Contact us today to learn more about the PEO options available in the Charleston area and how you can find the right one for your needs.