At NetPEO, we know that time is valuable to every business and that keeping more money in the books and less going to expenses that can be avoided is ideal. We encourage companies to maximize growth by developing new business models, those designed utilizing a professional employer organization (PEO) instead of the traditional method of hiring, onboarding, and managing a team in-house to manage key services. One of the ways we can help is with Chicago PEO workers’ compensation services.
Join Forces with a PEO
By working with a PEO, you gain access to the administrative employees and services you need to run your business by leasing those services. That means that the PEO provides you with the help you need through a customized plan to address your specific needs. These can include categories such as human resources, payroll, employee benefits, risk management, and workers’ compensation support.
At NetPEO, we analyze your company’s administrative issues and concerns and then create an opportunity that connects you with a provider that can help you with it. For our Chicago PEO workers’ compensation services, we work closely with our clients to ensure they no longer struggle with obtaining, maintaining, or processing workers’ compensation-related needs.
Why You Need a PEO
PEO companies provide a very important service for companies like yours. PEO companies enable clients to outsource administrative tasks, like those related to workers’ compensation, to people who have the skills and ability to manage these tasks expertly. When you enter an employment relationship with a PEO, you and their workers’ compensation specialists take on any of the tasks that you no longer want to manage within your company.
That includes your workers’ compensation tasks, but for many companies, it also includes other administrative services that you need to do to manage your business, but that could be costing you time and money. That includes:
- Payroll processing
- Payroll taxes
- Employee benefits
- Hiring and boarding your staff
- Termination of your staff
- Workers’ compensation
When you work with NetPEO, you can select the type and level of services that you need, and we work closely with you to determine the best combination of administrative jobs for your company. You then can choose to work with professionals that fit those needs. You are not paying for endless services or having to worry about firing your entire in-house team.
How the PEO Process Works
We aim to empower you at NetPEO. If you choose to outsource your workers’ compensation to a provider, you will then enter into a business relationship with that provider. This is called a co-employment relationship. In this setup, you and your team will still have all of the rights to make any decisions related to your company’s workers’ compensation processes and methods. You maintain all rights for your company and your employees.
The job of the PEO is to provide you with enhanced, high-end services in the areas you select, such as workers’ compensation, to support your business as you grow. There are some key advantages to using this method.
First, it helps to reduce your liability in any area of government compliance and workers’ compensation because the provider is responsible for meeting all of those legal requirements. The provider will handle all claims that are brought against you. In doing this, you can ensure that all federal and state laws are adhered to from the start and that there is no risk that an error will occur, leading to costly mistakes and fines later.
You Choose the Services You Need
Our Chicago PEO workers’ compensation service is just one of the ways our team can help you. What makes this working relationship so solid, though, is that we consistently work with our clients to provide the services that they need. That means that, over time, you may want to hire PEO providers for other areas.
For example, you can use payroll services for small businesses to help you to manage your entire payroll process without having to worry about managing an in-house staff to do so. That way, your employees continue to get a paycheck on time, all state, local, and federal payroll laws are met, and you do not have to pay an in-house team to manage the process.
Another key area is workers’ compensation. This type of service is often beneficial because it enables small companies to gain access to highly skilled professionals who can help them to manage all aspects of the workers’ compensation process. That means that if an employee is hurt on the job, you do not have to rely on your team to know what to do to process claims or how to manage the risks of fraudulent actions.
Focus on Our Workers’ Compensation Benefits
At NetPEO, we can help you with all aspects of workers’ compensation management, including the following:
- Ensuring you carry the right workers’ compensation insurance to meet requirements, but not so much that you are overspending
- Handling all claims made against workers’ compensation for your company
- Other challenges you may be facing with your workers’ compensation process
Workers’ compensation liability is spread, meaning there is less risk to your company. You gain full access to the support you need. You need to ensure these needs are met, but you do not have to do it all on your own. With the help of our professionals, you can streamline the way you operate your business so you can accomplish more of your goals.
Get Started with Our Team Now
To learn more about NetPEO and the Chicago PEO workers’ compensation services we offer, contact our team now. Set up a consultation to discuss the difficulties you are having in managing your company, and let our professionals go to work to support you. We have the highly qualified professionals you need to handle all aspects of workers’ compensation.
Give us a call now to learn more about how NetPEO is changing the way companies operate for the better and to request a free quote. We ensure customer satisfaction and customized solutions that meet your needs and your company’s budget.