If you’re worried about how a PEO arrangement could affect control of your employees, you first need to decide what you want your PEO to handle. It can be a full-service package, but it doesn’t have to be. For instance, do you want your PEO to handle tasks that directly affect your employees, or would you rather they work on only your needs, like filing your taxes?
Plus, it’s a good idea to think about how your current control of your employees is going. For instance, do you feel like you may have actually lost control of them lately? If your business is booming, you may not have time to sit with your employees and give them their quarterly reviews and other necessary information they need to excel at their jobs.
Do you give your employees an impressive benefits package? Do you handle all their concerns well and in a timely fashion? Do they have full confidence that your company is doing well? Do they trust you’ll do whatever is necessary to take care of them?
If the answer to any of these questions is “no,” then you may not have as much control as you think you do. In fact, your employees may already have one foot out the door. They’re just waiting for the right time to tell you. A PEO can help you retain employees you might otherwise have lost.
A PEO can manage your finances and your employees’ paychecks. A PEO can file your taxes on time. They can also make sure your new hires have the training they need to succeed. It’s up to you. Put simply, a PEO can help you get better control of your employees than you already have now. Call NetPEO today for a free business analysis at (678) 376-1212.
If you trust a PEO to act as your company’s HR department, then you need to be okay with handing over some control to your PEO. This may seem scary at first, but it can actually be quite a relief in the long run. Now your PEO can handle all concerns and complaints related to payroll, worker’s comp, and employee relations. Though, to be fair, when you team up with a PEO things get better all around, so any concerns should decrease.
A PEO can also file any necessary paperwork related to your employees to help you timely comply with labor laws. It may feel like a blow to the ego at first to give your PEO some control over your employees, but once that wears off you’ll be glad you did. Now you can focus on the things that matter, like your clients and growing your business, rather than on administrative duties best left to an HR department.
One of the things many companies find the most value in with a PEO is the improved benefits packages a PEO can get for them. This helps strengthen your control over your employees by improving their living situations. This increases their loyalty and devotion to you. This, in turn, makes them less likely to disobey your orders or walk out.
Health and life insurance both get better under a PEO. The more employees there are, the better the plan. This is why most small businesses can’t afford good benefits packages. A PEO hands all its clients over to an insurance company as a packaged deal. The insurance company then spits out a high-quality benefits package at a reduced rate.
Now your employees can afford to go to the doctor again. Depending on the benefits package, they may also be able to save for the future and/or go back to school. And keeping your employees happy is the best way to maintain control and keep them working for you.
A PEO Can Control as Much or as Little About Your Employees as You Want
There’s a reason the IRS can consider your PEO your staff’s employer. But a PEO doesn’t always have to act like a substitute boss. You can hire a PEO to work only for you by doing your taxes and your paperwork. This takes zero control away from you.
In fact, your employees don’t even have to know about it. Do they know every aspect of what you do for your business? If not, and if your relationship with your PEO doesn’t affect them directly, then the transfer of control never even needs to enter the picture. Working with a PEO just becomes something else you do as part of running your business.
Finding the right PEO can be a lot of hard work, though. That’s why our team at NetPEO is here to help you. We use your free analysis to match you up to one of several hundred PEOs operating today. So don’t wait – give NetPEO a call today at (678) 376-1212, and let us help you change your life!