When you are looking to hire new employees, it’s important to put yourself in their shoes and consider what you would want from a company in exchange for the work that you do. Money is a given, but what about the benefits package that you are offered?
At NetPEO, Savannah PEO employee benefits services are our specialty, and we want to help you not only attract talented candidates but also onboard and retain your new employees. Learn what it means to work with a Savannah PEO company.
What to Expect From Savannah PEO Employee Benefits Services
Are you interested in enhancing employee benefits and compliance through professional employer organizations? When you collaborate with us, you might find yourself amazed by the Savannah PEO employee benefits services available to your business. All of them aim to create the most enjoyable employee experience possible.
Here’s what these services often include:
- Health insurance
- Retirement plans
- Paid time off
- Employee wellness programs
By collaborating with a PEO, businesses like yours can tap into a broader range of benefits options. From there, you can pull from different options and personalize competitive packages that are well-suited to the diverse needs of your industry’s workforce.
But that’s not all. Partnering with a PEO broker also comes with several other advantages for businesses looking to enhance their employee benefits offerings:
- Cost savings
- Compliance assistance
- Enhanced employee satisfaction
Features PEO Services Can Offer Businesses
PEOs serve as co-employers, allowing them to leverage collective bargaining power to negotiate better rates and terms for employee benefits. This arrangement enables small to medium-sized businesses to provide high-quality benefits that may otherwise be financially unfeasible.
Additionally, PEOs handle the administrative responsibilities associated with employee benefits management, including compliance with regulations, enrollment processes, and ongoing communication with employees.
This support allows businesses to focus on their core operations, alleviating the burden of benefits management. When partnering with a PEO, businesses can offer a diverse range of employee benefits.
Health Insurance Plans
Access to quality health insurance is a primary concern for employees. PEOs provide various health insurance options, including:
- Medical insurance: From PPOs and HMOs to high-deductible plans that are equipped with health savings accounts (HSAs), your PEO may extend access to a wide array of medical plan options. Giving your employees options means they can choose the medical plan that suits them the most.
- Dental and vision coverage: Dental and vision insurance are valuable additions to any benefits package. PEOs generally offer plans covering preventive care, such as regular check-ups and screenings, as well as major services like surgery and orthodontics.
Retirement Plans
Retirement benefits are essential for attracting and retaining employees who value long-term financial security. PEOs can help businesses establish and manage various retirement plans, including 401(k)s and profit-sharing plans:
- 401(k) plans: PEOs can set up 401(k) plans that allow employees to save for retirement while offering employer-matching contributions. This benefit not only encourages employee participation but also enhances the overall appeal of the employer’s benefits package.
- Profit-sharing plans: Some PEOs offer profit-sharing arrangements, which involve employees in the company’s success. This can further motivate employees to contribute to the organization’s growth.
Paid Time Off (PTO)
Offering paid time off is crucial for employee well-being and job satisfaction. PEOs can help businesses design PTO policies that may include the following:
- Vacation days: Providing a set number of paid vacation days encourages employees to take time off for rest, ultimately improving their productivity and morale.
- Sick leave: Offering paid sick leave ensures employees can take time off when ill without the financial stress of lost wages. This policy promotes a healthier workplace and reduces the risk of spreading illness among staff.
Employee Wellness Programs
Wellness programs can significantly enhance employee engagement and productivity. PEOs often provide access to wellness initiatives, such as:
- Health screenings: Regular health assessments can improve employee relations by offering the opportunity to monitor their well-being and encourage preventative care.
- Fitness reimbursement programs: Offering financial incentives for gym memberships or fitness classes can motivate employees to stay active and maintain a healthy lifestyle.
How To Decide Which PEO Employee Benefits Service Provider is Right For Your Business
Selecting the right PEO is essential for maximizing the benefits of partnering with one. Here are some factors to consider:
- Range of services: Evaluate the range of employee benefits services offered by the PEO. Ensure they provide the specific benefits your business needs, such as health insurance options, retirement plans, and wellness programs.
- Reputation and experience: Research the PEO’s reputation and experience. Look for reviews and testimonials from other businesses to gauge their effectiveness in managing employee benefits.
- Customer support: Effective communication and support are critical when working with a PEO. Ensure the organization offers responsive customer support to address any questions or concerns that may arise.
Talk to Us Today For Savannah PEO Employee Benefits Services
In today’s day and age, the benefits that you offer your employees might make or break the longevity of your workers’ employment history. If you want to ensure that the people you hire stay with your company for years to come, our company can help.
When you partner with a PEO, you’ll open the doors to a range of employee benefits services and administrative processes, all of which are designed to enhance the overall satisfaction levels of your employees. Reach out to us at your earliest convenience to see what we can do for you.
