When you started your small business in Nashville, you may not have expected all the added paperwork that comes with your company’s growth. In particular, you may find yourself spending many of your working hours just trying to stay on top of all the HR new responsibilities. Handling these responsibilities can make it difficult to do the necessary work to keep your operation running.
Many small businesses in Nashville turn to professional employer organizations (PEOs) to ease the burden of HR responsibilities. PEOs allow companies just like yours to have a dedicated HR team without the expenses that come with hiring in-house staff. You get to save on salaries and benefits while still getting the expertise that your business needs.
To make your search process simpler, turn to a PEO broker who works with businesses in Nashville. NetPEO can help you by doing the heavy lifting in the search for a PEO that offers the services you need. When you’re ready, call (678) 376-1212.
How NetPEO Works with Businesses in Nashville
Whether you’re looking for a PEO for the first time or you haven’t had much luck with a previous partner, NetPEO is here to guide you through the process. Our PEO brokers try to make things as easy as possible for business owners.
When you reach out to us, we start by performing an initial analysis of your business. We do this by interviewing you to learn more about your business. Our PEO brokers will actively listen to your concerns and can help you understand what types of HR outsourcing services are available.
Once we’ve conducted our initial analysis, our PEO brokers begin the process of finding the right PEO for you. NetPEO has a network of providers working across the nation and we focus on finding one with experience helping businesses like yours. Our brokers will create a list of PEOs we think might best suit your needs.
Next, you let us know which PEOs you’d like to talk with. We help arrange an interview so you can make the determination about which organization is the best fit for your company. Once you’ve made your selection, we can even help you negotiate the terms of the co-employment agreement.
Even after you’ve found a PEO partner, NetPEO will be available for help. If your business needs change suddenly or your unsatisfied with your partner’s performance, we’ll help make things right. After all, our focus on making sure that business owners like you are happy with their partnerships has led us to be given a 100% satisfaction rating by our clients.
A look at the industry statistics shows that there are nearly 1,000 PEOs operating across the U.S. today. Each PEO has different specialties and focuses. Some specialize in a limited number of HR functions, while others intend to give small businesses a complete HR department replacement. Typical HR functions handled by PEOs include:
- Benefits Administration
- Legal compliance
- Employee development
- Employee self-service website creation and maintenance
Remember, each PEO may offer different levels of involvement. For example, one PEO may provide you with access to payroll software only, while another will handle the entire payroll process through cutting paychecks. This is another reason we focus on making sure you know your options and can choose what works best for your business and personal preferences.
PEOs Are Affordable Replacements for In-House Staff
With a respectable salary and benefits, hiring HR professionals to work in-house can be costly. You can get the services of a PEO for a fraction of that cost. Even better, PEOs offer different payment structures to best suit your business. Fee structures include:
- Price per employee
- Flat percentage of gross payroll costs
Say your business has only a handful of employees with relatively high salaries. A single price per employee may end up saving you money. If you have a large number of employees with more modest salaries, your budget may be better served by a flat percentage of your payroll costs.
Call NetPEO for Free PEO Analysis for Your Nashville Company
Our PEO brokers know that time is money for a small business owner. Our brokers help you through the process of picking out the right PEO so you can spend your precious time focused on growing your company.
When you’re ready to get started finding a new PEO partner, call us at (678) 376-1212!