A professional employer organization (PEO) is an invaluable resource that can help you with all aspects of employee administration. From new hires to existing HR concerns, a PEO can support your business in ways you may never have imagined possible.
Employee administration sometimes takes a backseat to more pressing day-to-day business matters. However, it is just as important to take care of your employees as it is to take care of your business. After all, without employees most businesses have no business at all. When you are unavailable to hear your employees’ concerns or when you cannot meet their needs, they will find an employer who can.
This can cause your business to suffer while you hire new talent and teach them the ropes. Most new employees make mistakes while they are learning, and those mistakes can negatively affect your profits.
This is a nightmare you can avoid by choosing to partner with a PEO. A PEO can help you retain current employees while also handling the concerns of new ones. Learn more about how a PEO can benefit your business by contacting the team at NetPEO at (678) 376-1212 today.
How a PEO Can Improve Employee Administration
When you think “administration,” you probably think paperwork. Paperwork is a chore that can easily sap the time out of any business and pull it away from the act of actually conducting business. This is why any company, large or small, can benefit from a PEO helping them handle their employee administration.
If you can think of it, a PEO can help with it. PEOs are well versed in all aspects of employee administration, including:
- New hires and orientations
- Drafting employee handbooks, as well as hire and termination paperwork
- Health and life insurance plans
- Workers’ compensation claims
- Employee transfers
- Expense reports
- Compensation and bonus calculations
- Managing weekly payroll
The list is endless. A PEO can help with as many or as few of your business’ tasks as you want. We can onboard new hires or terminate current employees. We can develop job descriptions, complete with salaries that match the current market, to attract new talent. We can also handle your payroll and taxes and make sure you are current on all state and federal labor laws. We do it all!
A PEO can handle anything that might become a headache for your business so you can focus on increasing your profits.
Employee Benefit Plans
One of the main reasons companies choose to partner with a PEO is for improved employee benefit plans. For some small businesses, better insurance – or even insurance plans in general – are out of the question. Not only can a PEO help your company get access to benefit plans, but you and your employees can also enjoy more competitive rates on higher-quality plans.
With a PEO, you never have to worry about consulting with third-party vendors or insurers to get the best deal. We handle everything for you.
A PEO can help your employees realize benefits they may never have had access to before. These include, but are not limited to:
- Medical, dental, and vision insurance
- Flexible spending
- Life insurance
- Retirement accounts
- Disability benefits
- Educational benefits
The better the insurance plan, the less likely your employees will be to look for employment elsewhere. That also means less time you will spend trying to retain new talent. With a PEO, you can hold on to the talent you already have without spending any extra time at all!
While new hires are important, it takes a lot of time and resources to train someone to the point where they can work with minimal supervision. If you simply do not have the time to train someone new right now, don’t worry – a PEO can help!
We can take your new hire through the process from beginning to end, from orientation to training. We can also work with your hiring manager to make sure they choose the best person for the job. The better the match, the less likely you will need to do this again anytime soon.
We can also work with you to develop a customized training session based on the tasks specific to the open position. These training sessions can be on-site, off-site, online – whatever works best for your business.
NetPEO Specializes in Finding the Right PEO for Your Employee Administration Needs
It can be tough to find the right PEO for your business on your own. That’s where NetPEO comes in. We do the research so you don’t have to. That is a lot of stress taken off you so that you can put that energy into developing your business.
We know which PEOs to offer you based on the services they provide and the needs of your business. For a free analysis, contact NetPEO at (678) 376-1212 today. You can also send us your contact information via our website.
In no time at all, we can develop a full profile of your business that we can easily match with a PEO who is the perfect fit for your needs. Call NetPEO today and take the first step toward changing your life!