Providing your employees with the top benefits available is an essential part of keeping your workers happy and helping to entice new talent to join your team. Unfortunately, many smaller businesses can not afford to offer the services provided by larger corporations. One of the main reasons for this is that benefits providers tend to offer discounts to bigger customers.
These discounts for larger businesses are one of the many roadblocks that smaller companies face as they attempt to stay competitive. Fortunately, there are options you can take advantage of to give your small business a leg up. One of the best options to consider taking advantage of is partnering with a Professional Employer Organization (PEO).
By partnering with NetPEO, you will become a member of our large network. This network will provide you with access to discounts for a variety of employee benefits. Contact us today to learn more about how we can help your business, including by providing you with access to PEO workers’ compensation services in Georgia.
What is the Function of a PEO?
A PEO is a company that partners with several other companies to provide them with access to a larger network. While the PEO will remain a separate entity from your own company, you will develop a close working relationship. The network you join will allow your small business to appear as a larger corporation for the purpose of purchasing employee benefits packages.
In addition to providing you with access to these discounts that are typically only offered to the big guys, a PEO can also provide your company with a variety of human resources (HR) services. With this partnership, you will maintain all hiring, firing, and management powers, while your PEO will handle your day-to-day HR needs.
Working With a Georgia PEO Can Benefit Your Company in Many Ways
Partnering with a PEO will help your company in several areas. Gaining access to favorable pricing for premium employee benefits, including workers’ compensation services, is one of the most enticing reasons to enter into a partnership with a PEO. However, it is far from the only perk this relationship has to offer.
Some of the other ways in which a PEO partnership can benefit your company include:
- Ensuring compliance with the Affordable Care Act (ACA)
- Taking over payroll
- Dealing with claims and disputes
- Improving your performance review system
- Recruiting new talent
How Offering PEO Workers’ Compensation Services in Georgia Can Make You a Competitive Employer
Supporting small businesses is an essential part of maintaining a diverse marketplace. Unfortunately, the deck is stacked against smaller companies in a variety of ways. The access that larger corporations have to affordable employee benefits packages is one of the many ways these businesses maintain their advantage over smaller companies.
Gaining access to these same discounts can go a long way toward leveling the playing field and keeping your business competitive. Partnering with a PEO will allow you to provide top-level workers’ compensation services as well as other benefits to your staff.
Breaking Down Co-Employment
When you enter into a partnership with a PEO, the relationship you form is referred to as co-employment. In co-employment, both parties have clearly defined roles to help things run smoothly. Setting these parameters is essential to developing a strong partnership with an entity with whom you have not had any past business dealings.
One of the main things you need to know when considering a partnership with a PEO is that your role within your organization will not change. You will maintain your position as your business’s chief executive officer and your staff’s primary employer. The PEO will be there to help you in whatever manner you need and will act under your instruction.
The Role of the PEO
When your partnership begins, your PEO will be there to support you in a variety of ways. One of the main direct services they will provide will be to function as your HR services provider.
While the ability to access discounts for workers’ comp services and other employee benefits is a key part of your partnership, the HR services these companies can provide can also have an enormous impact. Outsourcing your HR services can save you money and allow you to focus your efforts on the growth of your company.
Your PEO will work under your direction to provide a wide range of services that can include:
- Performance evaluations
- Dealing with tax withholding
- Dealing with unemployment claims
- Handling disputes
- Handling payroll
- Administration of benefits
Which HR services your PEO partner handles will depend entirely on your discretion. You can choose to fully outsource your entire HR department to your PEO or keep any of the aforementioned HR functions in-house. Your PEO is there to help with whatever HR duties you task it to perform.
Why Choose NetPEO Over Our Competitors
NetPEO was founded by a team with decades of experience within the PEO and Human Resources Outsourcing (HRO) industries. We created NetPEO with the idea of providing PEO services in a manner not offered by any other company on the market. To achieve this goal, we looked at other PEO companies to see what they got right and what they got wrong.
One of the primary areas where we found room for improvement in these other companies was in regard to customer service skills. While many of our competitors were proficient in their technical expertise, they were lacking in their ability to provide their partner companies with a quality customer service experience.
For this reason, we have focused on providing all of our partners with the best possible customer service. We listen to the feedback we receive and aim to tailor our services to fit the needs of each individual partner company. Contact us today by completing our online contact form or by giving us a call and get a free quote.