A human resources team, accounting department, employee administration staff — all necessary, but all expensive for your Georgia business. Outsourcing those tasks, and others, to a Professional Employer Organization (PEO), can not only save your business money, but also give you access to immediate expertise in those areas you may not otherwise be able to enjoy.
So, how do you find the right PEO broker to partner with so you can focus on what your business is good at?
If you have specific questions, give NetPEO a call at (678) 376-1212. We are happy to go over our services and help you customize an outsourcing package that works for you. Or read on and we’ll give you tips on what to look for in a PEO partner as you begin your outsourcing journey.
Know Your Business Needs
When you’re starting as a small business in Georgia, you probably don’t know the full list of your exact needs. However, once you’ve established yourself, hired some staff members, and grown, you’ll realize that some vital business services are time-consuming, require expertise, and that you need professional help to round out your team.
How can you address these needs quickly without investing in more full-time staff when you may only need part-time help? Or when you need to provide training and onboarding, but you don’t have the time or knowledge to do so?
First, determine where your business needs help. Then call NetPEO so you can tap into our nationwide network to solve your HR, finance, and administration issues and needs.
Know Your Options
Some PEO brokers and HR outsourcing firms provide a “one-size-fits-all” approach to their services and billing. Work with a PEO partner who will learn about your particular needs then develop a customized plan to help you save money, fill any gaps in your HR, finance and administration teams, streamline your processes, and much more.
Potential partners should present you with an array of options or plans to choose from, so you can be assured that the solution is the best fit for you.
Co-Employment Arrangements
When you are choosing a PEO, you are not just choosing a third-party service. You will need to sign an agreement (a “co-employment arrangement”) to allow your PEO partner to provide services such as employee benefits and grant access to financial and healthcare information.
Signing this document does not, in any way, mean you’re giving anyone control of your company. You’re just granting your PEO partner permission to handle aspects of that business typically reserved solely for employers themselves.
As co-employers, your responsibilities as well as the duties of your PEO partner will be explicitly defined. As always, the business owner(s) will continue to employ your staff members, direct the company and make all final HR decisions (such as hiring and firing). Your PEO partner will have access to private data such as financial, healthcare, and personal identification so they can manage your HR needs.
Expertise Is Important for a PEO
Some PEO brokers serve only one industry or a limited number of industries. The more industries served by a PEO broker, the more experience they will likely have with the industry your business serves.
- Technology/IT
- Healthcare
- Legal
- Retail
- Finance
- Construction
- Manufacturing
- Real estate
- Hospitality, food and beverage
- Media
- Aviation
Each of these industries has its own specific rules, regulations, laws, and required knowledge set. Working with an individual PEO can be limiting based on industry know-how and experience. But working with a PEO and HR brokerage firm means you have a network of highly skilled organizations and individuals working with you to meet your company’s unique needs.
Likewise, make sure that the PEO partner has experience working with businesses in Georgia. Your company has to comply with all local rules and regulations, so you want to make sure that your HR outsourcing team is ready and willing to handle your specific needs.
Start with a Custom PEO Arrangement for Your Georgia Business
You know your business and you’re great at it. Keep your focus where it should be and contact NetPEO at (678) 376-1212 or fill out the form today. We work with you to provide the best, most effective HR outsourcing services to meet your unique needs and budget. We have more than 20 years of experience, we work across many industries, and our service is second to none.