For a small business owner looking to grow his or her business without getting overloaded with additional paperwork, you might consider partnering with a professional employer organization (PEO) to simplify your business’s expanding needs.
Fortunately, NetPEO is here to help you. As a New York PEO broker, we want you to find the PEO that’s best going to help your business expand. When you reach out to us, we’ll listen to your concerns and provide you with a list of PEOs that are best suited to meet your business’s needs.
New York’s Small Businesses Need PEOs
According to a state small business profile created by the Small Business Administration, New York has over two million small businesses. Of these two million small businesses, nearly 500,000 have employees and account for close to four million jobs in the state.
That accounts for more than half of all employees in the state who work for a private company. Those employees need benefits and career development, and those employers need to find top talent, handle workplace issues, and stay on top of labor troubles.
That’s where PEOs come in. Our PEO brokers in New York can pair you with a company that knows your industry and can help you gain access to big-company benefits packages for much less that you could on your own.
New York Companies That Benefit from a PEO
While the National Association of Professional Employer Organizations (NAPEO)’s industry statistics indicate that there are nearly 1,000 PEOs in the U.S., finding the one that’s right for your business’s needs can seem overwhelming.
You may not be sure if partnering with a PEO is right for your business at its current size or in your field of work. However, small businesses of all sizes and industries have benefitted from partnering with our affiliate PEOs.
Companies with as few as five employees and businesses with more than a hundred employees have found PEO services that have saved them time and frustration. Likewise, industry is no barrier to finding the right PEO. We have small businesses that have found the right PEO partner that work in:
- Legal services
- Food services
Finding the Right Fit for Your New York Company
Small businesses face challenges that are unique. That’s why NetPEO doesn’t offer a one-size-fits-all solution for every business. Instead, we take the time to get to know your business and truly listen to your plans to grow your business.
We take the time to interview you and learn as much as we can about your HR needs. Do you just need some help running your payroll or do you also need a hand with benefits administration? Are you looking to improve the health insurance that you offer to your employees, or do you just want to make sure that you’re not violating an obscure labor law?
NetPEO connects you with select PEO providers that have the services you need. Even after you’ve set up a partnership with your chosen PEO, your New York PEO broker is there to make sure you’re completely satisfied. If your business needs change, we’ll be at your side.
Types of PEO Services We Can Help You Find
Like your small business, not every PEO operates the same way. Instead, PEOs offer a wide range of services. Some PEOs offer these services a la carte, while others focus on providing total HR services.
Finding the right PEO requires knowing what services are available just as much as it requires knowing what services you might need.
Legal Compliance and Workers’ Compensation
Your small business doesn’t need to be weighed down by worries over violating one of the many state or federal laws that govern your industry. When you sign up with a PEO, a team of experts helps to make sure that your activities follow regulatory compliance rules.
Likewise, any workers’ compensation claims can be passed off to your PEO partner for processing. Hiring a PEO can be the first step in adding legal protections to your business, without retaining an expensive attorney.
Benefits and Payroll
Do you need someone to cut paychecks on your behalf or do you need a better time tracking system? A PEO can provide you with an easy way to make sure that your employees receive their paychecks with the right deductions and the right wages.
Your PEO partner can also handle all the paperwork associated with your employees’ vacation and sick time, as well as any health insurance you offer. Our New York PEO brokers will do the legwork to choose a PEO that has the benefits you need.
Improved Health Insurance
Offering better health insurance is a great way to fight employee turnover. When you sign a co-employment agreement with a PEO, you can gain access to improved health insurance for you and your employees.
While you’re still the boss of your business, the health insurance offered by your PEO partner can cover your employees. A larger pool of employees means more competitive health insurance rates and a nicer overall health insurance plan.
Stay in Control of Your New York Business With a PEO
One worry that business owners have about working with a PEO is control. Will signing a co-partnership agreement force them to give up control of their company? The answer is no and here’s why.
The major reason for the agreement is so the PEO can legally access all the personal information they need about your business and employees. Once they have that, they can get to work fulfilling HR tasks like finding benefits and maintaining payroll.
The only tweaks to your business they would “force” you to do are ones that are required by law as you grow. It may be a little uncomfortable to change how you do certain things, but it’s better than getting caught in a non-compliance issue!
Call Us Today to Find Your PEO Partner!
Whether you need a complete HR solution or just help with a few crucial HR functions, NetPEO’s New York PEO brokers want to help you find the PEO that will allow you to focus on running your business.
To get started, simply fill your information into our simple contact form on the right side of this page or get in touch with us by phone using the number at the top of the page. Our services are completely free for you, so call us today!