Running a business in Long Island, NY can be difficult. You can commit significant time, energy, and resources to find the best benefits for your employees. Regardless, you may come up short — fortunately, you can partner with a preferred employer organization (PEO) that provides you with employee benefits options that line up with your requirements.
At NetPEO, we offer a wide range of Long Island PEO broker services. For more information, please reach out to us. We can learn about your business and help you identify the right services to accommodate your company and its workers.
Why Long Island Employee Benefits Are Important
There are many employer rights and responsibilities that apply to businesses in Long Island. In accordance with these rights and responsibilities, there are several types of benefits your company may be required to provide to your employees. These benefits include:
Workers’ Compensation
Many companies have concerns or questions about how workers’ compensation works — and for good reason. Ultimately, workers’ comp insurance protects your employees if they are hurt on the job. If a worker gets injured and you have workers’ comp coverage, you can provide this employee with a source of income, even if they are unable to work.
Disability Benefits
Disability insurance allows an employee to receive some or all of their regular compensation if they are unable to work due to a disability. Multiple disability insurance options are available to businesses. These include insurance in which a business pays the full amount or a company and its employees split the cost.
Paid Family Leave
In New York, workers who qualify for paid family leave can receive up to 12 weeks off to care for their families. During this period, workers can receive two-thirds of their regular pay. They also receive job protection, continued health insurance, and other benefits.
The team at NetPEO can teach you about employee benefits that your company can offer. To get started, please get in touch with us. From here, we can learn about your business and its employees and help you get benefits that line up with your budget.
Employee Benefits Program Problems that You Need to Know About
Your business can implement an employee benefits program on its own. However, doing so can be more trouble than it is actually worth. There are several reasons why.
First, you must offer employees benefits in alignment with New York’s laws. If you make a mistake along the way, you risk violations. With any violation that you receive, you can lose money and damage your company’s reputation.
Along with this, the time and money you commit to launch a benefits program for workers can be significant. Even if you try to go above and beyond the call of duty to offer the best benefits to your employees, there is no guarantee that what you provide will match what your workers want. In this scenario, your benefits program can cause employees to look elsewhere for jobs where they can receive the best benefits.
How a Preferred Employer Organization Handles Long Island Employee Benefits
The best PEO in Long Island gives you many employee benefits options. It learns about your company and the benefits you want to offer. Next, the organization shares resources with you and helps you decide on work benefits that fit your needs.
With a PEO at your side, you can simplify the administration of benefits as well. For instance, an employee may need to file a workers’ comp claim. In this situation, your PEO can take care of all of the paperwork for the claim and make sure it is handled with speed and efficiency.
Of course, as your business grows, your preferred employer organization can help you update your benefits program. The organization can explain benefits options and all that they entail. It can also answer frequently asked questions about benefits for workers and similar topics.
A Long Island Preferred Employer Organization Can Help Your Business Stand Out
Thanks to a Long Island PEO company, you can offer employee benefits that differentiate your business from its rivals. Your benefits program can make your business an attractive option for job seekers. This can help your company recruit top talent — and further separate your business from the competition.
Your PEO can give you a rundown of the benefits that workers want and the costs associated with them. As a result, you can identify benefits that allow you to comply with New York’s laws without spending beyond your means. On top of that, you can get the most value out of any benefits services that you purchase.
Having a PEO take care of your company’s benefits program frees up time and money, too. You can take solace in the fact that your preferred employer organization administers and manages your benefits. Meanwhile, you can focus on what is most important: ensuring that your business continues to take care of its workers and customers and grows its revenues.
What to Look for in a Long Island Preferred Employer Organization
You can search far and wide for a preferred employer organization and find many options at your disposal. To choose the right PEO for your business, it pays to learn as much as you can about the organization. Ideally, your PEO company will have plenty of relevant experience and do everything in its power to help you get the best benefits for your workforce.
It can be beneficial to hire a PEO business that offers a wide range of services. You may find a PEO company can help you with HR, payroll, risk management, and other aspects of your business. By hiring an all-in-one PEO, you can keep your company on track and minimize the risk of errors in different areas of your operations.
Ask a PEO questions about its services and how it helps businesses in your industry. The best PEO supports companies in healthcare, retail, and other sectors. It can go over its employee benefits options with you and help you choose ones that deliver great results.
Partner with NetPEO for Long Island Employee Benefits
If you want to provide employee benefits in Long Island, NetPEO has you covered. We are a preferred employer organization that is happy to help you in any way we can. To learn more, please contact us today.
