If you are having trouble coming up with the time and resources needed to expand your small business, partnering with a PEO might be what you need to take your organization to the next level. A PEO can help you take care of the administrative and financial aspects of business that are weighing you down and preventing your company from realizing its full potential.
Outsourcing is the way of the future! A PEO partnership will allow you to outsource everything from human resources to accounting so that you can focus on what really matters to your business. A PEO broker in South Carolina can help you secure a partnership that elevates your company and allows it to transform into the organization you’ve always envisioned it could be.
How a PEO Partnership Works
When you partner with a PEO, the relationship you enter is known as “co-employment”. This term has been known to scare some business owners off, because they believe it means that they’ll have to give up some of their company control to the PEO, but it couldn’t be any more different! A PEO works for you and at no time do you lose control over your business.
When you enter a co-employment partnership you retain the executive authority to:
- Have the final word on all business decisions
- Delegate services and tasks to the PEO
- Control the direction and core values of your company
A PEO broker in South Carolina can connect you with a PEO that suits your company’s needs.
PEO Partnerships Can Help Your Business in a Multitude of Ways
As your PEO broker in South Carolina, it’s our job to learn about your business and what it needs to run as effectively as possible. When we match you with a PEO, you’ll be able to decide which services you want to outsource to them. Here are some of the tasks and services you’ll be able to outsource to your new PEO:
Employee Administration
Hiring and managing in-house human resources and administrative departments can be extremely expensive and time consuming. A PEO can lift the burden by providing a host of services including:
- Recruiting
- Onboarding
- Organizational development
- Performance management
- Creation of employee handbooks and training materials
- Employee terminations
Payroll
A PEO broker can find you a provider that can take over all your payroll related responsibilities. They’ll make sure your workers get their direct deposits on time and ensure your company’s bookkeeping is accurate.
Your new PEO will handle everything from paychecks and pay stubs to timely distribution of tax documents. And they’ll keep you up to date on everything with detailed reports.
Employee Benefits
If you’re a small business owner, you understand the struggle of wanting to provide your employees with the best benefits possible, but not having the resources to do so. Fortunately, a PEO can help you create the employee benefits package you’ve always wanted to offer your workers but never could. A PEO will allow you to give your workers the following benefits:
- Medical
- Dental
- Vision
- IRA solutions
- 401k services
When you partner with a PEO, your employees are pooled in with a vast network of other workers. That’s how your PEO is able to get the same high quality benefits that a larger company can secure without breaking a sweat.
Regulation Compliance
Adhering to federal and state business regulations in South Carolina can be complicated and exhausting. Luckily, your South Carolina broker can connect you with a PEO that ensures you meet all the government deadlines, so you never have to worry about legal penalties ever again. Your new PEO will handle all your legal compliance responsibilities, including filing your taxes.
Workers’ Compensation Claims
Workers’ compensation claims are an ever-worsening headache for business owners across the nation. Partnering with a PEO will reduce your liability, amount of claims filed, and the costs associated with them. They’ll also handle claims of discrimination and wrongful termination in a fair and expedient manner.
Grow Your Business With a PEO Partnership
Your PEO broker in South Carolina is committed to finding the PEO that best suits your company’s specific needs. They’ll find a provider that can efficiently manage all the services you need to outsource. Once you have the weight of HR, accounting, and risk management off your shoulders, you’ll be able to run your business the way you’ve always wanted.
Once you’ve been matched with the best PEO possible, you’ll have a significant amount of extra resources and time that you can direct to building your business in the right direction. You’ll be amazed at how bogged down you were with HR disputes and liability worries before you found a provider. Now that you’re outsourcing, you don’t have to think about those things.
Outsourcing is the way of the future. Delegating services like payroll, employee benefits, and compensation claims to a PEO saves you money and drastically reduces your turnover rate. The National Association of Professional Employer Organizations discovered that company’s with a PEO experience much less turnover than those without.
Any Business Can Benefit From a PEO
PEOs are popular among businesses in almost every industry. That’s because they’re dependable, adaptable, and save their partners valuable time and money. So many organizations have taken advantage of PEO’s ability to reduce liability and turnover rate. Companies in the following industries have benefited significantly from hiring a PEO:
- Manufacturing
- Construction
- Healthcare
- Finance
- Legal
Don’t wait to reap the benefits that come with hiring a PEO broker!
How a South Carolina PEO Broker Can Help You
Your South Carolina PEO broker’s top priority is finding a PEO partnership that best fits the unique needs of your business. The first thing your new broker will do is conduct a detailed analysis of your company. This will allow them to match you with a PEO that makes sense for your organization.
At NetPEO, we have relationships with a variety of different PEO’s that are reliable and ready to start working for you. We know you’ll be happy with your PEO partnership, because we only work with the best of the best!
Schedule a Free Assessment of Your Company Today
Your broker is just a phone call away from finding you a PEO partnership that will give you peace of mind and save you money. Call NetPEO today or fill out a contact form on our website to schedule a free assessment of your business.
We’ll do a detailed analysis of your company. And once we know exactly what you need from a PEO broker in South Carolina, we’ll provide you with a list of potential providers along with the cost estimates for each one.
