When you’re concerned about how a PEO arrangement will affect your employees, you first must consider how your business is affecting your employees right now. Do they have top-of-the-line benefits? Do you handle their HR concerns in a timely and orderly fashion? Do they have any concerns that the company they work for is doing the right thing at all times?
If you can answer “no” to any of these things, then your employees will certainly feel the effects of a PEO partnership — in a good way. A PEO can act as your HR department, your administrative office, and your accountant all in one.
If you’re not able to keep up with your finances or your employees’ payroll, a PEO can.
If you’re not able to file your taxes on time, a PEO can.
If you’re not able to process and train new hires the way you’d like to, a PEO can.
The trick is to find a PEO that’s the right match for your company. And if you don’t have the time to do the research, NetPEO can. Call our broker team today at (678) 376-1212 for a free analysis of your business that will ultimately find you a PEO you can count on.
The Recruiting Process
The last thing you want for your new hires is to put a bad taste in their mouths right from the beginning because you mess up their paperwork or don’t have the time to train them. Then you’re yelling at them for making mistakes and costing you profits when it’s not their fault because they never received the right training in the first place. Sound familiar?
Growing your company is fantastic. But bringing new hires on board as if they were on a conveyor belt is not. Everyone needs and deserves to feel appreciated, and with a PEO, you can dedicate the time to informing them and training them properly so they can hit the ground running.
Need an employee handbook? A PEO will work with you to help design it.
Need to implement an off- or on-site training program? A PEO can set it up.
Need to verify a new hire’s prior employment before sending them an offer letter? A PEO can run their credentials AND send the letter for you.
Ultimately, a PEO can be as hands-on or hands-off as you need them to be. A PEO cares just as much about keeping your staff happy as it does about helping you grow your business.
And once you’ve brought on that new talent, a PEO can help you retain employees so you don’t have to do as much hiring and training. One way a PEO can do this is by improving your benefits package.
Benefit Packages
Here’s where we get into the real meat and potatoes of how what a PEO does can affect your employees. And your employees will be thank you.
You may have found that despite wanting to offer your employees health and life insurance, the plans out there are just too expensive. Either you can’t afford a plan at all, or the plan you can afford is bare-bones coverage that’s almost not even worth having at all. This is especially true of smaller businesses.
Giving your employees the coverage they need is a great way to keep them working for you. But how can you do that? Simple — let a PEO do it.
PEOs can combine all the companies they represent under one umbrella, and then present that group to an insurance company for the best possible rates and discounts. Some plans even come with incentives you might never have imagined being able to offer your employees, like 401(k) plans and tuition assistance.
You may worry that your employees will somehow suffer if you team up with a PEO, but the truth is that they can only benefit from such an arrangement.
HR Help
Your employees can rest easy when they know you have their payroll and PTO under control. Start missing deadlines, and your employees will suffer. This is the best way to convince them to find employment somewhere else.
Not only that, but if you start missing deadlines with respect to the paperwork you have to file in order to comply with state and federal labor laws, your employees are going to know — especially if they get the mail. They’ll start suspecting you of corruption (even if it’s a simple misstep due to a busy schedule), and they’ll start looking for a more legitimate place to work.
You don’t need to go through any of that with a PEO. They’ll make sure to submit your paperwork on time, every time. Late fees and penalties are things of the past when you team up with a PEO.
A PEO Can Change Your Employees’ Lives for the Better
You may feel concerned that teaming up with a PEO can ruin your business and the lives of your employees, but the exact opposite is true. A PEO can change everything about your business for the better by giving you back the time you need to run it while making sure your employees feel well taken care of.
Finding the right PEO may be the hard part, but it doesn’t have to be. That’s why NetPEO is here. With your free analysis, we can match you to one of the several hundred PEOs on the market today. Give NetPEO a call today at (678) 376-1212, and take that first breath of fresh air!
