PEOs typically partner with businesses consisting of between 5 and 500 employees. However, companies with as few as two employees have benefitted from a PEO. This is because every business needs an HR department, and every business needs to comply with both state and federal laws. PEOs help with both of these areas.
Not only that, but one of the things a PEO also does best is that it helps a business retain employees. This may be arguably more important for a smaller business than a larger one. Take, for example, a law firm. Many law firms function as one or two attorneys with a secretary or two for support. This amounts to a business of perhaps four people who depend on each other highly for support.
If the secretary leaves, it is often difficult to find another who is just as good. It can take years to find a worthy replacement. So, the firm does everything possible to hold onto that good talent, so they don’t have to find a replacement and deal with the fallout from training someone new. A great benefits package is a good way to hang onto that talent.
Even the smallest businesses can benefit from a partnership with a PEO. And that’s what our team at NetPEO does best. Give us a call today at (678) 376-1212 for a free analysis of your business so we can match you up with a PEO who will help your business run more efficiently.
While some larger companies have departments specifically set up to handle recruiting, smaller businesses may not have this luxury. Take the law firm example above. If a lawyer wants to hire a new secretary, he has to carve time out of his busy schedule for training, which means taking time away from clients who need him.
This lawyer could benefit from hiring a PEO to help with his new hire. A PEO can help from the ground level all the way through to training and beyond. In other words, a PEO can work with you to create a more accurate job posting to ensure the people who call you about that position are qualified to do the job.
Once you hire that person, a PEO can work with you on designing a training method, either on-site or off, that will get that new hire as ready as possible for the responsibilities you require. That way, your new hire can hit the ground running, and you never need to take time away from your business to train him or her.
No matter the size of your company, you must always make sure you are following the law when it comes to payroll and taxes, at the very least. A PEO will not only help you file your financials accurately and on time, but it can also make sure your business complies with both state and federal law.
The law as it pertains to human resources is ever-changing. Do you have the time or the know-how to stay abreast of all the changes? A PEO can be that little voice in your ear, reminding you when things come due and informing you of new changes to the law so that you can be in better compliance with what the law expects of you.
For instance, if your business operates in different states, do you know the laws governing operations in each state? Laws with respect to an employee’s paid sick time, for example, may differ greatly from state to state. A PEO can stay on top of these concerns so that you and your business don’t suffer penalties due to a lack of knowledge.
NetPEO Can Help Any Business, Regardless of Size
It doesn’t matter if you have two employees under your wing or 200. NetPEO can help you find a PEO that will guide your business accordingly. A PEO helps not only you but also your employees — which is why it is so important to work with a PEO. A PEO can help you achieve a better employee retention rate, and you never have to worry about whether your business is up to date on what both state and federal law require of it.
Call NetPEO today at (678) 376-1212 and receive a free analysis of your business. We’ll match you up to a PEO, then check in with you later on to make sure the fit is as perfect as we thought. If not, no worries. We’ll get back to searching to find that PEO that will make all the difference for your company and the business you do. So call NetPEO today, and enjoy a more positive experience for you and your employees!