Are you looking for a way to offer your employees better benefits without breaking the bank? Unfortunately, many small and medium-sized businesses struggle to provide benefits that compete with the possibilities offered by large corporations.
Fortunately, you have options that allow you to provide your employees with great benefits while securing assistance with your human resources (HR) needs. You can start working with a Nebraska PEO company to boost your business. Our team at NetPEO provides decades of experience with PEO and HR services.
What does “PEO” Stand for?
We use the acronym PEO to refer to a professional employer organization. PEOs operate as their own business. However, you can develop a partnership with this kind of company, called a “co-employment” relationship.
The PEO stands in as the employer for your employees in set circumstances. For example, the PEO usually handles your employee’s benefits. However, you keep control of your business, including responsibilities for:
- Hiring employees
- Firing workers
- Managing your staff
Many people conflate PEO companies and HR outsourcing businesses. However, PEOs offer more services than you’d get by outsourcing your HR needs. Unlike HR outsourcing firms, PEOs have the legal authority to handle employee disputes and can provide your employees with benefits.
Working with a PEO company provides you with better prices for benefits. In addition, the PEO company can bargain for benefits prices on your behalf, helping you attract employees who meet your high standards.
Who Is the Legal Employer With a Nebraska PEO?
When you work with a PEO organization, they act as employers for your workers, but only for specific functions. The PEO company cannot hire, manage, or fire any of your employees. They do not provide instructions about what your employees should do on the job.
Instead, they act as employers for HR issues and the provision of benefits.
What do Nebraska PEO Companies Do?
A Nebraska PEO company provides numerous advantages to your benefits. The company can take care of:
Administration of Employee Benefits
Your PEO company can provide you with multiple benefits packages, often at a discounted rate that helps you save money. Working with a PEO firm usually allows you to offer your employees:
- Dental plans
- Vision coverage
- Health insurance
- A retirement plan
Offering competitive benefits packages can make your company more appealing to employees.
HR Support and Services
PEO companies handle HR duties for your company, giving you a chance to free up your resources for growing your business. PEO experts take care of:
- Creating policy manuals
- Handling the paperwork associated with hiring employees
- Screening applicants
- Onboarding new employees
- Taking care of employee training
- Tax withholding for your employees
Furthermore, the PEO company can take care of performance evaluations for your employees. Providing constructive feedback to your employees can help them improve and work towards the optimization of their performance.
A PEO company can also take care of payroll for you, freeing up more of your time. PEOs handle:
- The distribution of electronic W2s
- Direct deposit services for paychecks
- Providing digital pay stubs
When employees have questions about their pay or other HR concerns, they reach out to the PEO company, relieving stress the off your shoulders.
Your business has to comply with local, state, and federal laws, including the Affordable Care Act (ACA). Failure to properly comply with these laws can lead to fines and other penalties. A PEO company can monitor compliance on your behalf.
Employee Claim Resolution
Sometimes, employees file complaints about wrongful termination or injuries sustained on the job. A PEO company can handle these claims on your behalf, helping you save time and money.
Strategically Developing Your Company
Many PEO companies have experience handling executive functions for companies. They focus on ensuring your long-term goals align with your internal culture, allowing you to develop employees who fit your needs.
What Are the Benefits of Working with a Nebraska PEO Firm?
Nebraska PEO companies offer you multiple benefits. They allow you to provide employees with better benefits while lowering the overall costs of your benefit converge.
They also provide you with HR services while helping you keep your payroll low. You do not have to employ a dedicated in-house HR department for your Nebraska business when you have a PEO firm on your side.
Finally, they help you avoid penalties for failure to comply with government regulations for ACA in Nebraska. Our team can help you review all the benefits of a PEO firm when you contact us for a free quote.
What Businesses Can Hire PEO Firms?
Any business could potentially benefit from a PEO company in Nebraska. You can reach out for more information if you operate a small or medium-sized business or a large enterprise.
PEO companies can also provide support for startups and organizations that work on a non-profit basis. You can contact a PEO provider regardless of your industry, as well.
Why Choose Us to Handle Your PEO Needs in Nebraska?
Our team has years of experience handling HR and PEO services for companies in your position. We provide extensive services backed by customer service that always puts you first.
We provide fast services and adapt our offerings based on the changing needs of your business.
Speak to a Nebraska PEO Firm Today to Build Your Business
Here at NetPEO, we built our business on helping your business thrive. You can contact us if you’re interested in the benefits offered by a Nebraska PEO company. Find out more about your HR services and benefits packages.
You can contact us through our online contact form or call us to get started.