When you run a small but growing company in Knoxville, you know that having more time to run the day-to-day operations can be a competitive advantage. As your business grows, you may find yourself with less time to meet with clients or oversee production because you have HR or accounting paperwork to complete.
The need to have more time to focus on the core aspects of running a business is why so many companies are turning to professional employer organizations (PEOs) for help. PEOs partner with small businesses just like yours to find affordable HR and accounting solutions.
If you’re looking for help finding the perfect PEO partner for your Knoxville business, turn to NetPEO. Our PEO brokers have the skills and experience working alongside companies just like yours to find the firms with just the right mix of services to help your business grow. Call us today at (678) 376-1212 for a free consultation.
Types of Services Offered by PEOs
Think about the sort of paperwork you need to do on a regular basis. A PEO may be able to help you if you frequently find yourself:
- Processing payroll
- Handling benefits administration
- Ensuring legal compliance with the major laws governing employee rights
- Employee recruitment
- Working on organizational development
With hundreds of PEOs working across the nation, there is a PEO out there that offers the solutions your company needs to grow faster.
How Our PEO Brokers Help Your Knoxville Business
As mentioned above, there are hundreds of PEOs offering a variety of services for businesses just like yours. Narrowing one down that has experience working in Tennessee, knows your industry, and matches with the values and needs of your company can be a trying experience.
At NetPEO, we want to make finding a PEO partner as pain-free as possible. As PEO brokers, it’s our job to find a PEO offering the right services with the right knowledge and experience. Whether it’s a comprehensive HR solution or a bit of help with select functions, we can take the stress out of the search process.
Working with our PEO brokers can be broken down into steps:
- An initial needs analysis which lets our brokers understand the unique needs of your company
- Creating a carefully curated list of potential PEOs from our national network of partners
- Arranging meetings with any PEOs at your request
- Aiding you in negotiations with PEO about the terms of your contract
While you may think that Net PEO’s services to you end when you sign up with a PEO, our brokers are still looking out for your best interests. We follow up with our clients regularly to make sure that they’re completely satisfied with their PEO partnership. Our continued dedication is one of the leading reasons why we’ve earned a 100% satisfaction rating from our clients.
PEOs Offer Flexible Payment Options
We know that small businesses have to be concerned about how a new venture will impact their budget. It’s why our PEO brokers work with you to determine what sort of services are available in your budget and help you find a PEO that will offer you a payment method that works best for your bottom line.
PEOs typically require a payment schedule based on either your gross payroll receipts or the total number of employees working for you. The gross payroll calculation can be beneficial for businesses with the right employee-to-payroll-cost ratio, while the flat fee per employee might work better for companies with fewer, higher paid employees. No matter the method, our PEO brokers will work with you to save your company money.
What Working with a PEO Could Mean for Your Business
What can you expect for your business after you’ve partnered with a PEO? If you’re looking for a return on investment (ROI), you can start with an expected 27.2% ROI when you work with a PEO. That translates to more money available to help grow your business.
The benefits of working with a PEO go beyond the ROI and having time to handle the day-to-day work of your company. Businesses that partner with a PEO can also mean:
- Less voluntary and involuntary employee turnover
- Higher rates of growth
- Less stress over recruiting, retaining, and motivating employees
- Being able to offer new benefits to your employees, like life insurance, retirement plan options, and even health insurance
Help Your Knoxville Business Today
Ready to take the next steps to grow your business? Reach out to our Knoxville PEO brokers today by filling out the form on our website or by calling (678) 376-1212!