Outsourcing your human resources services can save your business the two things that matter the most: money and time. Convenience is one benefit of using a PEO to handle your company’s HR services, but it also provides your employees with access to affordable health insurance and other benefits.
When you choose to partner with a professional employer organization (PEO) for your HR support, you get the benefit of co-employment. The employees will be on the books of the PEO for compliance and taxes, but you retain control over them.
Most PEO companies offer only a few employee leasing or payroll services to clients. NetPEO offers services to meet all your outsourcing needs, including HR and employee benefits services. Here is a guide to the PEO solutions available for your business.
How do NetPEO Services Work?
NetPEO is both a PEO provider and a brokerage service. We will begin by conducting an initial needs analysis. While the client company is telling us what they need, they are also becoming more familiar with exactly what their own concerns are.
Once a client’s HR needs are identified, we can offer our services if they are the best match or we can reach out to our substantial network of qualified providers to find the best company to meet those needs. After providing you with a few options, you can review the selections to determine the best fit for your organization.
We consult with you on the creation and signing of client service and co-employment agreements and remain as a resource available to you throughout the PEO relationship. We will then remain involved in the transition to ensure that everything runs as smoothly as possible.
What Industries Use PEO Services?
There are PEO services available for nearly every kind of company. They can be generalized, offering services that work in any industry or be highly specialized and specific to a certain industry.
Some of the industries we regularly work with include but are not limited to:
- Financial services
- Professional services
- Information technology
- Real estate
Using a brokerage service to secure PEO solutions for your business gives you access to a wide range of services and providers regardless of your industry. We connect you with the ideal PEO partner to meet your needs whether you have five employees or 5,000.
Access to Employee Benefit Solutions That don’t Break the Bank
One of the best things about partnering with a PEO is the purchasing power you will have when it comes to benefits. Offering affordable benefits to your employees can help keep them healthy and happy while providing you with a competitive edge.
You will be able to attract and retain high-caliber employees with a generous, effective benefits package. Working with a PEO will provide you access to comprehensive healthcare insurance coverage options that can result in big savings for your company and your employees.
Human Resources Solutions for Your Business
If you need the expertise of an experienced HR professional, look no further than a PEO. The breadth of services a PEO can provide can add value to your business and your employees.
The HR services a PEO can provide you with can include:
Employer Liability Management
PEO solutions can provide your business with the experienced HR consultants you need to help you with legal requirements surrounding employment. These HR professionals are often called upon to help with labor law compliance issues, as well as writing compliant policies and employee manuals.
Employee Training and Development
Providing support to your new hires can be time-consuming and complicated. HR professionals can help new employees to learn how to navigate in your company. They provide the resources needed to set your people up for success and help them in the onboarding process.
HR professionals are skilled in recruitment and can help you to attract the talent you need. They will also perform the duties associated with background checks, administration of drug tests, and the introduction to company policies.
Your PEO HR provider can also answer questions regarding 401(k) programs, benefits packages, and anything else a new hire might need.
Dealing with workers’ compensation claims is often unfamiliar territory for many companies, but when an incident happens, you can depend on your HR professionals to handle all the details.
We can also provide you with solutions that may help you reduce risk, minimize claims, and navigate the complexities of government regulations and federal labor laws.
Payroll Processing Solutions
When in-house accounting isn’t an option and you are looking for an effective way to preserve your time and money, payroll processing services can be one of the best investments you can make.
Payroll takes a considerable amount of time for any organization, and meeting the compliance laws and regulations surrounding withholding and taxes can be daunting. Payroll processors from a PEO service can provide you with a simple report so that you can review it with a glance and get back to your business.
Some of the things a payroll processing service provides for you include:
- Access to payroll software and information for your employees
- Work time and hours monitoring
- Payroll discrepancy handling
- Employee benefits and PTO tracking
- Balancing company books
- Efficient payroll distribution
- Direct deposit setup and withholding changes
- Expense report generation
Contact Us Today for Comprehensive PEO Solutions for Your Business
Search for your PEO provider with the help of an ally who knows PEO and has the benefit of 30 years of experience in the industry. NetPEO is here to help you find the right PEO solutions for your business with the right partner, regardless of the size of your business.
We can help you to design the ideal package for your business within your budget and customized to your needs. Our services are always free to you, so don’t hesitate to contact us with any questions about PEO, services you may need, or how the process works.