To run a successful business, you’ve got to understand when you need additional expertise to tackle a problem. For many small business owners, they find that there are HR challenges to a growing company that they need help solving. While some business owners hire an entire HR staff, many business owners turn to outsourcing of some functions to meet their HR challenges.
If you’re considering outsourcing some of your HR functions, call (678) 376-1212. NetPEO connects businesses just like yours with PEOs, or professional employer organizations, who can help you manage your growing HR needs. Our brokers are standing by to learn more about your business needs, so call today!
HR Functions That Are Typically Outsourced
When it comes to small businesses, no two face the exact same challenges. However, many businesses do face similar challenges, so PEOs have experience helping businesses just like yours with a wide range of HR functions.
Payroll Processing
One of the most common reasons that businesses turn to PEOs is that it can become increasingly complicated and time-consuming to process payroll as the company takes on new employees. PEOs can handle the accounting aspect of payroll, directly receive employee work hours, and can distribute checks to employees.
While PEOs can take care of many aspects of payroll, they can also provide you with new solutions to meet your HR needs. PEOs can give you access to payroll software for easier payroll processing on your end. They can also provide web access to any information you might need, such as wage garnishment or payment schedules.
As an added benefit, PEOs can provide your employees with a self-service site. An employee self-service site will your employees to see their hours worked, pay stubs, remaining time off, and other important information.
Benefits
Benefits administration can be as time-consuming and difficult as processing payroll. Keeping track of employee health insurance information, vacation days, sick time, and other time off is something many small businesses struggle to do efficiently. Fortunately, PEOs can take on the task of administering your employees benefits as well.
Not only can PEOs administer your employees’ benefits, but they can also provide them access to better health insurance at a lower premium. As a co-employer for your employers and all the businesses that they partner with, your PEO has large pool of employees that can be grouped together for insurance purposes. Rather than having barebones coverage or high premiums, your employees can have access to health plans typically reserved for much larger companies.
Recruitment
Finding the right person for a new job can be another challenge for employers, who can outsource some of the responsibility to a PEO. Your PEO can help with you throughout the recruitment process, including:
- Posting openings to job boards
- Using their social media networks to advertise and connect with potential candidates
- Handle applications as they come in
- Conduct initial phone screens
- Handle employee on-boarding when you’ve decided on a candidate
Another benefit to outsourcing your recruitment is to a PEO is that you can rest assured that your recruiting process will be handled by experts who are mindful of prohibited practices in hiring.
Creating Employee Handbooks
An employee handbook is one way many businesses keep their employees informed about key policies and benefits. For many small businesses, an employee handbook may feel like too much work, but it can be a great tool for establishing a company culture as the business grows.
A PEO can help you draft your employee handbook. Not only can the PEO make sure that you’re able to properly express the expectations you have of your employees, it can also be a tool to sure that your employees are aware of applicable laws affecting their employment.
Legal Compliance
While recruiting is one area small businesses need to be mindful of regulations, there are many aspects of an HR operation that are governed by state and federal laws. Some laws only apply to larger businesses or operate differently in certain industries. Knowing what applies to your business can be difficult.
Fortunately, working with a PEO can help alleviate your concerns. The HR professionals at your PEO can help ensure that your business stays on the right side of the law, saving you money on costly penalties and legal battles.
Call NetPEO if You’re Ready to Outsource Your HR Functions
NetPEO is a PEO brokerage firm that works with businesses just like yours. Our trained PEO brokers are here to help you understand your HR outsourcing options and can provide you with a list of highly qualified PEOs to meet your business needs.
If you’re interested in learning more about how NetPEO can help your business for free, call us today at (678) 376-1212 or use the contact forms on this website.
