As a small business owner, you need to have insurance for your employees, but it isn’t always easy. Maybe you don’t have the time or enough profits to dedicate to insurance coverage. That’s where a Professional Employment Organization can help you.

At NetPEO, we can provide your small business with our Austin PEO company. We also have an extensive network of Austin PEOs we can help you connect with. Regardless of the PEO you choose, your business will thrive because you’ll have more resources and time to put into it.

What Types of Insurance Does Your Austin Small Business Need?

Determining the proper coverage for your growing Austin startup can be tough. Let our PEO experts simplify this process for you. As your Professional Employer Organization, we offer a variety of important insurance and benefit options:

Group health insurance: We negotiate competitive plans so you can attract top talent with quality care. Our group health insurance offers medical, dental, and vision coverage to keep your employees healthy.
Workers’ compensation: This essential coverage protects your team from costs associated with job-related injuries or illnesses. Our workers’ compensation insurance covers medical expenses and lost wages if an employee is injured on the job.
Disability insurance: We can enroll your employees in short and long-term plans to safeguard income during periods of inability to work. Our disability insurance protects income for employees unable to work due to illness or non-work injury.
Life insurance: Term or whole-life policies provide financial security for families suffering the loss of a primary breadwinner. Our life insurance policies provide financial support to an employee’s beneficiaries in the event of their death.
Retirement programs: Our 401(k) and pension plans make it easy for you to help your workers save for their golden years. Our retirement programs automatically deduct contributions from paychecks to help employees benefit and save for the future.
Liability insurance: Our commercial general liability and other policies shield your business from costly lawsuits and legal fees. Our liability insurance protects your business from expensive litigation related to your operations.

As a full-service PEO, we ensure your team’s protection needs are met so you can focus on growing your startup.

Why You Should Partner With a PEO For Insurance Services

Managing employee insurance and benefits can be a complex process that distracts many small business owners from their core operations. By partnering with a PEO for these services, you can gain significant benefits and focus on growing your business.

Reduced Administration

Working with a PEO allows you to outsource the tasks of researching, negotiating, and administering health plans, retirement accounts, workers’ compensation policies, and other coverage requirements. We take this workload off your plate so you have more time and energy to devote to your company’s products, services, and clients.

Rather than spending hours each week dealing with paperwork, renewals, and providers, our team handles these administrative tasks for you. This frees up your most valuable resource: time.

Lower Group Insurance Rates

In addition, PEOs provide group insurance rates that are more affordable than what you could obtain by offering benefits individually. Our pooled resources and expertise allow access to broader coverage options at lower premiums.

Bundling these services gives you a cost-effective, one-stop-shop solution. The cost savings from our group plans can be significant compared to what you would pay buying each policy separately as a small company. Lower rates, combined with less staff time spent on benefits administration, result in substantial cost reductions.

Regulatory Compliance

Our specialized team at NetPEO stays on top of ever-changing regulations and legal compliance around employee benefits, too. You gain peace of mind knowing coverage and paperwork are handled properly according to your state’s rules.

From onboarding to retirement, a PEO assumes the administrative burden and liability. We ensure your benefit selection choices and all documentation meet all federal and state guidelines. As these regulations frequently update, especially with healthcare, having compliance experts manage this aspect takes stress off your plate.

Expertise and Experience

Having extensive experience working with businesses of all sizes, our professionals stay knowledgeable on the best options currently available. We continuously research new policies and providers to offer the most comprehensive solutions tailored to your industry and workplace culture. Leveraging our team’s deep expertise allows you to provide the robust benefits package necessary to recruit top talent while protecting your bottom-line costs.

How PEOs Can Help Different Types of Small Businesses

The scalable month-to-month model that PEOs provide is well-suited to startups in growth mode. These entrepreneurial ventures often prioritize expansion over balance sheets in the early stages.

A business using a PEO gives startup founders workplace infrastructure-like group benefits without high initial costs. It provides a way to offer competitive compensation as the team grows.

When staffing needs change rapidly, which is common for startups, the PEO model scales up and down seamlessly through a simple adjustment of covered employment levels and fees. This flexibility supports the fluid nature of fast-growing ventures.

For Professional Services Firms

PEOs let firms like engineers, accountants, consultants, lawyers, and others retain top talent through competitive benefits. Outsourcing HR compliance gives professionals the flexibility to devote maximum effort to client projects.

PEOs establish retirement plans that attract experienced hires. Employer obligations like paying payroll taxes are consolidated, reducing administrative workload.

In Retail, Restaurants, and Hospitality

These industries cope with unpredictable staffing needs. PEOs customize scalable benefits for variable workforces, whether full-time, part-time, or seasonal.

PEO group policies cover changing ratios of employee types over time. Partnering with a PEO means stable compliance even as a retailer or restaurateur’s priorities adapt to market demands.

For Technology, Creative, and Communications Roles

Highly skilled tech, design, marketing, and media employees expect top-tier benefits from innovative companies. PEOs enable these firms to focus on product development instead of HR paperwork. Group health plans cover software engineers, developers, graphic artists, and other specialized talent nationwide.

Contact Us to Find an Austin PEO for Your Insurance Services

At NetPEO, we have years of experience connecting small businesses with effective PEOs that provide insurance services. A PEO can help you and your employees get insured so you can build a more successful business.