If you are experiencing higher-than-normal turnover rates or are hoping to expand your business and need to retain the best talent in your industry, one of the top ways to do so is by showing your employees how much you care about them as individuals. Companies in positions like yours often turn to innovative solutions like working with a professional employer organization (PEO).
Through PEO provider services, you can offer your employees benefits packages and other services you were unprepared to offer before. NetPEO can help you choose the right Atlanta PEO employee benefits services provider for you. Contact our Atlanta PEO company today to discuss your employee’s needs and determine which PEO provider is most suitable for your company.
What a PEO Can Do for Your Business and Employees
Having a PEO could make all the difference in how your business operates. Not only are we equipped to match you with a PEO provider that will ensure your employees have access to extensive employee benefits packages, but we can also handle all of your company’s human resources needs. Some of our top-rated service options include:
- Payroll administration
- Compliance
- Employee development in training
- Handling employee complaints and concerns
How Co-Employment Works
A co-employment agreement could be an excellent way to help your employees gain access to thorough employee benefits services in Atlanta that they may not have been able to access otherwise. This is because, as a small to midsize business, you may not be offered the same employee benefits packages or rates that larger corporations do. The more employees you have, the better your rates will be.
When you partner with a PEO, you enter a co-employment arrangement. This increases the size of your company by including your PEO provider’s team. This way, the employee services providers consider your company larger than it actually is. Your PEO will have no say in how you run your business, who you higher or terminate, or how you run your daily business operations. Your PEO services work for you, handling whatever responsibilities you assign as part of your co-employment agreement.
Types of Employee Benefits Packages and Services
There are numerous employee benefits packages and services that may be available to you when you start shopping at the human resources marketplace. Your PEO provider in Atlanta can help you determine which employee benefits are most important to you, hand-select specific employee benefits, and manage your team’s benefit plans.
Not only will your PEO help your employees get set up with their benefits services, but they will also handle any claims your employees may make and help your employees access the benefits they are entitled to. Some of the most employee benefits initiatives our clients choose include:
- Employee health insurance services
- Retirement savings accounts
- Worker’s compensation protection
- Cafeteria and food service plans
- Disability insurance
- Employee financial support programs
Employee Health Insurance Services
There are many employee health insurance packages that you can choose from when you work with a PEO. Some of the most common of which include:
- Full coverage vision insurance
- Full coverage dental insurance
- Health savings accounts
- Point of service (POS) plans
- Health maintenance organization (HMO) plans
- Preferred provider organization (PPO) plans
Retirement Savings Accounts
Setting your employees up for financial success as they head toward retirement is one of the best ways you can show your employees how much they matter to you. Your PEO can help you select retirement savings plans that meet your employee’s needs, including:
- 401(k)s
- Traditional IRAs
- 529 education accounts
- Simple IRAs
- Payroll deduction IRAs
- Simplified employee pensions SEPs
- Salary reduction simplified employee pensions SARSEPs
- Roth IRAs
Workers Compensation Protection
According to the Georgia State Board of Worker’s Compensation, Georgia employers with three or more employees are legally obligated to provide their staff with workers’ comp protection coverage. Having the appropriate amount of coverage in place will help you remain in compliance with state law and ensure your employees are protected in the event of an on-the-job injury.
When your employees are injured at work, they can file a claim with your worker’s compensation insurance provider and access many supportive benefits, including:
- Coverage of their medical expenses
- Disability or wage replacement benefits
- Vocational rehabilitation benefits
- Death benefits for surviving spouses and qualified dependents
Cafeteria and Food Service Plans
Offering your employees food and cafeteria service plans is a great way to help boost productivity and employee morale. Some of the cafeteria programs we offer include:
- Section 125 cafeteria programs
- Dependent care reimbursement programs
- Flexible spending accounts FSAs
Disability Insurance
Disability insurance is similar to worker’s compensation in that it is available to employees who need to take time off of work. You can choose to offer your employees enrollment in short-term or long-term disability insurance programs.
Then, if your employees become ill or injured and must remain out of work while they recuperate, they can still obtain financial support through the insurance company. The insurance provider will determine whether your employees meet the eligibility requirements after filing a claim. Your PEO can help your employees access these benefits and explain why claims may be denied when necessary.
Employee Financial Support Programs
It is not unusual for employees to suffer financial hardships. Maybe one of your top employees lost everything to a house fire, for example. With an employee financial assistance program, your staff can file an application for financial support and get the help they need when they need it most. Some of our top-rated employee financial support plans include:
- The implementation of an employee benefits solution hotline
- Credit union and financial institution banking programs
- Employee voluntary benefits programs
- Employee benefits alliance plans
- Employee financial support plans
Start Crafting Your Comprehensive Employee Benefits Plans in Atlanta Today
Make sure your employees are well taken care of. Not only will you boost productivity, but you can reduce turnover rates and employee morale. When you are ready to start shopping for employee benefits packages that meet your company’s needs, look no further than NetPEO.
Our Atlanta PEO employee benefits services could be the solution your business is looking for. Explore employee benefits packages and plans when you contact us for a free consultation. Complete our online contact form or call our team to discuss your needs in further detail.
