Are you hoping to retain some of the best talent in your industry? Do you need to reduce your business’s turnover rates? If so, outsourcing your human resources needs with a professional employer organization (PEO) could be in your best interests.
NetPEO can match you with the right St. Petersburg PEO employee benefits services to take care of your staff and help them secure their future needs. Contact our office for an initial consultation today and learn more about which benefits and services packages may be available for your team members.
More About Professional Employer Organizations (PEOs)
PEOs are businesses that offer administrative services to other companies and businesses. Think of it as outsourcing your human resources and organizational needs to those who can handle them while you focus on the more essential aspects of your business. Your PEO is responsible for risk management, payroll, and ensuring your employees have access to extensive employee benefits services packages.
NetPEO can help you determine which areas should be outsourced to a PEO and connect you with the right provider so you can address your most pressing needs and set your company up for future success.
How a PEO Company Makes a Difference
You might be thinking you do not need a PEO because you can handle your human resources responsibilities on your own. Without qualified guidance, you might be letting your staff members down.
Working with a PEO could make a difference in the success of your business. You do not need to spend any more of your time handling employee performance reviews or administrative tasks when you have a PEO. This frees up your time and money to focus on developing new products, bringing in new clients, and setting goals.
Responsibilities You Can Outsource
You can outsource any responsibilities you do not want to handle in-house without having to spend a considerable amount of money on developing and implementing a human resources department on-site. Your PEO provider can handle more than just setting your employees up with benefits packages. Other responsibilities the PEO can take on for you include:
- Hiring new employees
- Onboarding and training
- Firing, demoting, or laying off employees
- Processing payroll
- Ensuring payroll taxes are paid
- Ensuring your business complies with worker’s compensation laws
- Addressing any worker’s compensation claims filed
These are just a few of the ways a PEO can help you grow your business and keep your team members happy. You can learn more about other services your PEO provider offers when you contact NetPEO for a 100% free consultation.
Why Work with a PEO in St. Petersburg?
Arguably, the best reason to hire a PEO is because it will save you money in the long run. When you hire a PEO, you have access to comprehensive employee benefits services packages that may not otherwise be available to your company.
By partnering with a PEO, your provider can get your employees the benefits and services they need at competitive rates. This will save your business money by reducing turnover rates, boosting employee loyalty, and keeping administrative costs down. This way, you can reinvest in your business and continue to grow.
However, since there are multiple types of PEO providers across the U.S. and globally, we will need to carefully review your business needs to determine which ones are the best fit for your company. Then, we can offer an analysis of which resources to utilize to boost your HR department, retain top talent, and improve efficiency in your workplace.
Advantages of Employee Benefits Services Packages
Having access to extensive and best-fit employee benefits solutions and plans is only possible when you work with a PEO. There are many employee benefits administration programs available to meet your staff member’s needs.
When employees are happy and feel as though their supervisors and the company supports them not only professionally but personally as well, they are more likely to stay. More than that, they are often more productive and efficient and can offer more creative ideas and solutions.
Our innovative benefit packages keep your employee’s needs in mind at all times. There is an international human resources marketplace at your disposal when you enter a co-employment agreement with a PEO provider. This can reduce employee costs and provide far superior services that may not have been an option without a co-employer.
Common Types of Benefits Available for Employees
Net PEO can help you get your employees access to the following:
- Voluntary benefit programs
- Health insurance
- Dental insurance
- Worker’s compensation coverage
- Disability benefits
- Employee assistance programs
- 401(k)s and other retirement savings plans
- Employee hotlines
Some of the most comprehensive retirement and health insurance plans that may be available when you outsource your management and benefits administration needs include:
- Traditional and Roth IRAs
- Health Savings Account Plans
- Health Maintenance Organization Plans
- Salary Reduction Simplified Employee Pension Plans
- Simplified Employee Pension Plans
- Vision Insurance Coverage
- Dental Insurance Coverage
- Preferred Provider Organization Plans
- 401K Retirement Planning Services
- Employee Assistance Program
- Cafeteria Plan Management Plans
- Flexible Spending Accounts
- Section 529 Education Saving Plans
- Group Banking and Credit Union Programs
- Dependent Care Reimbursement Plans
With NetPEO, you can find a PEO provider that is cost-effective and will ensure your employee benefit administrative solutions are in compliance with local, state, and federal laws.
Get Matched with Your PEO Today with NetPEO
Taking care of your employees by offering extensive employee services and benefits is one of the best ways to set your business apart from its competitors. When you want some of the top talent in your industry to continue to work with you, offering them the financial support and other resources they need is crucial.
Working with a PEO is a great way to accomplish this goal without breaking the bank. Get matched with the right St. Petersburg PEO employee benefits services provider when you contact NetPEO for a free consultation. You can reach us through our quick contact form or by phone to schedule your initial appointment as soon as today.