If you hope to take your business to the next level and ensure your employees are well cared for, you may benefit from working with a professional employer organization (PEO). Offering comprehensive employee benefits services is one of the best ways to keep your team members happy and ready to catapult your company to success.
Outsourcing your Orlando PEO employee benefits services may be one of the best ways to meet your employee’s needs and retain your industry’s top talent. Our team of professionals at NetPEO is here to match you with the right PEO to create fully custom employee benefits packages and set up your other human resources needs. Contact our office for a free consultation today to discuss your business’s HR and employee benefits goals.
Why Go with a PEO for Employee Benefits Services in Orlando
When taking care of your employees as a top priority, choosing an Orlando PEO may be in your company’s best interests. It goes without saying that happier employees reduce turnover rates and increase company productivity. When you choose to outsource your Orlando business’s human resources department with a PEO, you can devote more time and energy to other company goals.
Some of the most valuable benefits you get when you partner with an Orlando PEO for your employee benefit services include the following:
- Dealing with payroll administration
- Handling unemployment claims
- Receiving employee disputes and handling complaints
- Selecting workers’ compensation insurance and processing claims
- Taking over your employee benefits administration responsibilities
- Focusing on employee retention
- Dealing with your company is hiring, training, and onboarding processes
If you have additional administrative or human resources needs that you are hoping your PEO can handle, look no further than that PEO for help matching with the right employee benefits services provider for your business.
How a PEO for Orlando Employee Benefits Packages Can Help
Having to search through thousands of employee benefits packages can be challenging. As a business owner, your time would be better spent on creativity, expansion, and ways to promote your business’s success. When you need to devote your time and energy to reviewing potential packages that may or may not meet your employee’s needs, outsourcing your human resources department will likely prove to be one of the best decisions you make for your company.
When you choose to work with a PEO, you can access employee benefits services you cannot obtain independently. This is because working with a PEO means you have entered a co-employment partnership agreement, granting you access to more favorable rates.
Your outsourced HR department can take over negotiating employee benefits packages, working with insurance companies, and helping your employees enroll in your selected plans accordingly. If your employees have questions about how the packages work, which ones they should enroll in, or how your human resources department works with a PEO, our team will ease the transition and set your employees up for success.
Common Types of Employee Benefits and Services to Choose From
Employee benefits and services through your Orlando PEO can vary based on your company’s needs. Here are some of the most popular employee benefits and services offered by our PEO partners:
Employee Training and Development
When you decide to work with a PEO provider, in addition to outsourcing your company’s human resources department and setting up your employees with comprehensive benefits packages, you also get help with employee training and development.
When you hire new talent, training, onboarding, and acclimating new team members can take you away from the more essential elements of your business. However, your PEO can help ensure your new team members are introduced to company policies, complete drug tests, answer questions surrounding benefits packages, and even conduct interviews on your behalf.
In a co-employment agreement, you can use your new partners to focus your time and energy on developing new products, focusing on new company goals, and growth.
Comprehensive Human Resources for Employees
Taking care of your employees should be a top priority. By setting your employees up with a human resources department they can rely on, you can foster trust and accountability in your company. Some of the top human resources responsibilities your PEO can handle include the following:
- Tax issues
- Employee complaints
- Disputes in the workplace
- Payroll discrepancies
- Taking a leave of absence
- Employment verification
- Answering questions surrounding company protocol and procedures
Health Insurance and Retirement Benefits
One of the top benefits of working alongside a PEO is access to more competitive rates and expansive retirement benefits and health insurance packages. Some examples of the benefits you could offer your employees in Orlando include the following:
- Traditional IRA
- SIMPLE IRA Plan
- Simplified Employee Pension Plan (SEP)
- Section 125 Cafeteria Plans
- Salary Reduction Simplified Employee Pension Plan (SARSEP)
- Roth IRA
- Preferred Provider Organization Plans (PPOs)
- Point Of Service Plans (PSOs)
- Payroll Deduction IRA
- Individual Retirement Accounts (IRA Solutions)
- Health Savings Account Plans (HSAs)
- Health Maintenance Organization Plans (HMOs)
- Complete Coverage Vision Insurance Plans
- Full Coverage Dental Insurance Plans
- Flexible Spending Accounts (FSAs)
- Employee Voluntary Benefits Programs
- Employee Health Insurance Plans
- Employee Benefits Solution Hotline
- Employee Benefits Alliance Programs
- Employee Assistance Programs
- Dependent Care Reimbursement Plans
- Credit Union & Group Banking Programs
- Cafeteria Plan Management
- Benefits Section 529 Education Saving Plans
- 401K Retirement Planning Services
Workers’ Compensation Coverage and Claims
Additionally, since any company with four or more employees must carry workers’ compensation coverage, you can work with your PEO to choose the right insurance carrier for your company.
If an employee suffers and on the job injury, they can file a claim with your worker’s comp insurance provider and your human resources department via your PEO will handle the processing of your claim and ensure the business continues as usual. Your PEO will help your injured employees access the compensation and benefits they need to heal quickly and promptly return to work.
Offer Extensive Employee Benefits Services with Help from a PEO in Orlando
Top-performing companies agree ensuring your employees are taken care of is essential if you hope to remain successful. Offering extensive Orlando PEO employee benefits services to your team members can set you apart from the competition. When your business has employees proud to work for it, you can boost productivity and reduce company turnover rates.
NetPEO is here to help you access the best PEO provider for your team so you can create custom employee benefits packages and take care of your staff. Contact our professionals as soon as today when you fill out our convenient contact form or call our office to schedule your confidential case evaluation today.