When finding a PEO, company owners often turn to a brokerage firm specializing in the industry. PEO brokers in Alaska are experts in management, financial planning, legal compliance, and contracts; as a result, they are in the greatest position to assist company owners in determining their human resource and management requirements and finding suitable PEOs.
Today’s competitive business climate makes it difficult to deal with market challenges, delegate tasks, manage staff, and stick to strict budgets. Thus, it is wise to work with a PEO broker to oversee your staff.
What Is a PEO?
A Professional Employer Organization (PEO) offers services to clients to handle their most important human resource tasks and employer risks. To provide these services, a PEO forms and maintains a co-employer relationship with the client’s workers at the client’s place of business, taking on both the client’s legal obligations as an employer and the PEO’s own. A PEO’s role is to reduce the stress of managing HR.
- Professional assistance with all aspects of human resource management.
- Liability reduction results from enhanced compliance, risk assessment, and risk management practices in the workplace.
- With this client benefit, they can better compete in the job market.
- Help to raise output and earnings.
Ditch Traditional Administrative Services and Outsource Your Tasks
It may be time to hire a professional employer organization (PEO) if you need help managing payroll, workers’ compensation, employee benefits, and general personnel administration.
When you partner with a PEO, you can enjoy all these perks without shouldering the full financial burden. PEOs have the same buying and negotiating power as large corporations, allowing them to provide your business with the same slashed prices.
By eliminating deposits and audits, the pay-as-you-go structure of a PEO can help businesses save time and money on workers’ compensation insurance.
Employees can save money with lower health insurance premiums and 401(k) contribution fees. Furthermore, they have access to uncommon tax-deferral programs, even among large corporations, ultimately increasing their net pay.
The PEO Collaboration Process
After a company signs a contract with NetPEO, we hire their workers at the client’s facility. A co-employment agreement is made between a worker at a client site and the client company. The client organization is still responsible for the day-to-day operations and management of the worker.
The NetPEO broker and the client will ensure that all employment laws are followed. The National Association of Professional Employers says that 2.2 and 3.5 million Americans are currently co-employed in a PEO arrangement.
Responsibilities of a PEO Broker
The responsibilities of a PEO broker in Alaska include:
- Acquiring all necessary data
- Looking into the requirements of the business
- Asking for submissions
- Bringing in your ideas and pitching them to the boss
- Creating a top-five list
- Helping out during the talks
- Always being there to aid both parties
Once both parties sign the contract, the broker’s job is theoretically done. A competent broker, however, follows up after the sale to ensure everything is swimmingly for both parties.
Since Alaska PEO brokerage is very competitive, it’s important to stand out from the crowd by providing services that no one else does. The broker provides a hand in the event of problems, shifts, or expansion in the business.
How PEO Matching Works through NetPEO
NetPEO is not a PEO; instead, we are a PEO broker. We can help businesses find a PEO that fits their culture and needs, whether they want to outsource their HR or accounting needs.
Since the process is so simple, business owners will only have to spend time and energy figuring out how to handle these side issues. Instead, they can focus on building and growing their businesses.
The Initial Consultation and Profile
Meeting with a business owner allows NetPEO to create a profile detailing the specific services that will best meet the needs of that company. Using this profile, we can locate a wide variety of PEOs within our extensive network that offer the precise services our client businesses require.
Hand Selection of the PEO
Our next step is to introduce the business owner to the PEOs in our network who are qualified to deliver the requested services. The business owner then can work with any PEO of their choosing, maintaining full creative control over the company’s future and operations.
Continual Follow-Up Services
As a PEO broker, our responsibilities continue after that. NetPEO’s commitment to long-term partnerships with client companies and a focus on 100% customer satisfaction has helped set us apart from other PEO brokerage services in a crowded market.
NetPEO’s customer retention rate is the highest in the business, and 100% of our clients are happy with our services, if not completely delighted. This is because even after a client company owner has been paired with a PEO in our network, NetPEO maintains contact with them, checking in regularly to ascertain their contentment and address any possible problems.
Contact NetPEO as Your Trusted PEO Broker Firm
NetPEO is a PEO Brokerage firm that helps businesses in the construction and distribution industries find PEOs that can save them time and money. We work with PEOs who know how to help our businesses with workers’ comp insurance, group health insurance, full payroll processing, and human resource management.
We only work with a few PEOs, but they’re the best. Since we use a PEO to staff our construction and distribution operations, we have insider information and can vouch for how well this works. Contact us to know more about Alaska PEO broker.