Whether you are a small, medium, or large size business, you cannot handle it all on your own. One of the best ways to get everything done at minimal cost is by outsourcing your human resources department. San Francisco PEO employee benefits services are just one of the many features offered by professional employer organizations (PEOs).
By working with a PEO, you can offer your employees comprehensive benefits packages that you can be proud of. Foster loyalty with your employees and set your company up for success when you contact NetPEO to get matched with the right PEO provider for you.
What Do PEO Companies in San Francisco Do?
Professional employer organizations are a great tool that more companies should be using to grow their businesses. A PEO is a company that handles your human resources and administrative needs. You enter a co-employment arrangement so you can get your employees access to comprehensive benefits packages that may not otherwise be available.
Although you may not want to outsource any of your responsibilities, doing so could be precisely what your company needs to thrive, not survive. We can handle not only your human resources needs but payroll, employee complaints, and other necessary administrative tasks that take your time, money, and attention away from other, equally important business needs.
Your Business Needs Comprehensive Employee Benefits Packages
If you are not currently offering your staff members extensive employee benefits packages, your business is already at a disadvantage. In 2023, now more than ever, companies realize that they must show their employees that they value their time, efforts, and individuality. By offering comprehensive employee benefits administration programs, you can get your employees the resources and protection they need to boost loyalty and reduce turnover rates.
By increasing employee retention, you can foster growth and solutions that improve employee productivity, efficiency, happiness, and longevity. We can match you with world-class PEO providers that will mean not only your needs but those of your employees.
Not only can we get your staff members access to health insurance at affordable rates, but we can match you with a PEO who has comprehensive solutions available, including life insurance, 401(k)s, retirement savings accounts, vision and dental insurance, access to employee hotlines, and assistance programs for employees suffering financial hardships.
Top Employee Benefits Available
Examples of some of the most popular employee benefits packages other businesses have taken advantage of include:
- Health Maintenance Organization Plans
- Employee Health Insurance Plans
- Preferred Provider Organization Plans
- Point Of Service Plans
- Full Coverage Dental Insurance Plans
- Health Savings Account Plans
- Individual Retirement Accounts
- Full Coverage Vision Insurance Plans
- Traditional IRAs
- Payroll Deduction IRAs
- Salary Reduction Simplified Employee Pension Plans
- Roth IRAs
- Simple IRA Plans
- Simplified Employee Pension Plans
- Benefits Section 529 Education Saving Plans
- 401K Retirement Planning Services
- Section 125 Cafeteria Plans
- Cafeteria Plan Management Programs
- Dependent Care Reimbursement Plans
- Flexible Spending Accounts
- Employee Assistance Programs
- Employee Voluntary Benefits Programs
- Employee Benefits Alliance Programs
- Credit Union & Group Banking Programs
- Employee Benefits Solution Hotlines
Our team at NetPEO can analyze your business needs to determine which employee service benefits your company requires. We can match you with a PEO to customize your employee service benefits packages as well, so you and your team members are not stuck paying for more than you need.
Hiring a PEO for Your Employees and Business
PEO companies work as part of a co-employment agreement. When you outsource your payroll or human resources department to a PEO, you are working together regarding your administrative needs. Your executive team members will still have the right to make all significant decisions regarding your employees and the business itself. All your PEO does is help you access certain types of benefits and programs that may not be available to your business otherwise.
When you have a co-employer, you can protect your business by reducing liability, ensuring your business remains in compliance with state and federal laws, and getting help handling any worker’s compensation claims that may be brought forward by your staff members.
Other Advantages of Having a PEO
In addition to your PEO getting your employee extensive benefits packages, there are also other advantages to having a co-employer. When you have a PEO working with you, you do not need to take on any additional administrative tasks or other responsibilities you do not want to handle.
This frees up your time to devote to product development, communications, bringing in new clients, and other essential business operations. Without an in-house human resources department, you can simplify your administrative processes and still get the job done.
Outsourcing and Delegation
Some of the other top services PEO providers offer as part of your outsourced human resources department include:
- Accessing employee benefits packages
- Handling worker’s compensation claims
- Hiring new employees
- Laying off or terminating employees
- Paying payroll taxes
- Processing payroll
- Training and onboarding new employees
You may not be sure which services you need at this time. Fortunately, when you contact NetPEO, we can thoroughly review your business to determine which services should be delegated to a PEO. This way, you can be matched with a PEO that will effectively meet your needs.
Cost-Effective Options
Another reason more companies do not hire a PEO is because they are worried about the cost. However, when you enter a co-employment agreement, you are saving yourself money by not having to hire an entire human resources department.
Additionally, since your PEO will be responsible for ensuring you are in compliance with state and federal laws and that your payroll taxes are paid, you will save yourself a considerable amount of money in legal fees and other costs due to mistakes made by those ill-equipped to handle HR and administrative responsibilities and tasks.
Call NetPEO to Find the Right Employee Benefits Services Provider in San Francisco
Taking care of your employees and making sure they feel heard should be a top priority. With our San Francisco employee benefits services, you can show your employees they matter. Work with NetPEO to get matched with one of our top-rated PEO human resources services providers.
Contact our office to further discuss your options today. You can learn more about which of our PEO providers offer your employees the benefits they deserve. You can reach us through our online contact form or phone to get started as soon as today.
