Handling employee needs one at a time is easy when you have one or two employees. When you get 10, or a hundred, it’s far too much for you to handle on your own. But how do you pay for the costs of hiring an HR staff for your company? There is a better solution.
NetPEO helps South Dakota companies with their HR, compliance, and payroll needs through our co-employment program. As your PEO company in South Dakota, we’ll take on your employees and handle all the HR tasks for you while you keep control over what they do for your business.
The Advantages of Co-Employment
There are lots of advantages to using co-employment over trying to do it yourself, hiring an HR staff, or traditional outsourcing. First, you can keep your employees, tax officials, and regulators happy by meeting all their needs as you grow. You don’t have time to worry about the regulations that kick in when you grow your staff!
Second, by having your employees work for us as the employer of record, we can pool your employees with our other client’s employees and leverage huge savings on benefits packages. This means cheaper rates, better benefits, and a more attractive workplace for top talent.
Finally, you can focus on your actual business model rather than worrying about non-core, but essential, administrative tasks. By keeping your attention on what made your business grow in the first place, while having us handle tasks in the background, you can grow your company while keeping peace of mind.
How Will My Employees Take It?
It’s scary to some employees to have their employer switched around, but there are things you can do to relieve the tension:
- Explain to them that all the daily business will still go through the same channels. The PEO is just for administrative issues like benefits.
- The PEO is not part of the core decision-making process. There will be minimal disturbances from the PEO about how they do their jobs. The most likely changes from them would be for regulatory issues you need to follow.
- If you have existing HR staff, your PEO shouldn’t be a replacement for them. They should help them take over secondary non-essential tasks so that your current staff can focus on the most important HR needs of your business, as well as innovate new solutions.
What Services Do You Offer?
Our PEO system offers both complete HR solutions packages and a la carte packages. As part of the co-employment arrangement, you can choose only the services you need. The services we offer include:
- Recruitment services
- Employee management
- Organizational development
- Payroll management
- Employee benefits
- Legal compliance measures
- Employer liability management
- Policy development
Making an error in any of these can have huge repercussions on your business, so why not turn them over to an expert? Also, unlike outsourcing, the PEO professionals you work with have a vested interest in the success of your business. The contract ties you and us into a strong business relationship.
How We Connect You
NetPEO is a network of PEO companies. We have over 40% more PEOs than the nationwide average, and we serve as a broker between you and PEOs local to South Dakota who are ready to help you.
We start by discussing what your needs are and what tasks you want to keep in-house. Then our company will select PEOs in your area and work with you and them to find the best match for your co-employment agreement.
Unlike many other PEO brokerage services, our role does not end once you’ve signed a contract. We will follow up with you regularly to ensure you’re happy with your decision. If not, we’ll help you find a better option. This process is why we have the highest client retention rate in the industry, and 100% customer satisfaction according to our surveys (satisfied or extremely satisfied ratings).
What Industries Do You Support?
Our company has worked with a wide variety of industries, many with tough regulatory compliance issues like aviation, medicine, and more. When we help match you with a PEO, we will only choose ones that have experience in your industry. Some industries we’ve worked with include:
- Professional services
- Hospitality and service
- Financial services
- Information technology
We’ve also worked with companies with as few as five employees to over 500. We will work to connect you with the ideal PEO partner to enhance your business and save you time and money. NetPEO will even help you switch from your old PEO if you’re not happy!
Schedule Your Assessment
If you’re struggling with HR needs and you can’t decide whether to go with a PEO, talk with NetPEO to get a business assessment and learn how we can connect you with a local South Dakota PEO that fits your needs and budget. Fill out our contact form to schedule your assessment.