Professional Employer Organizations (PEOs) perform a wide variety of services for companies in need. The use of PEOs is especially beneficial to smaller companies with between five and 100 employees, but many new business owners may struggle with finding the right PEO for their organization.
This difficulty may increase in the future, as the growth rate of PEOs is 14 times larger than the overall growth rate of the United States economy, according to the latest data from the National Association of Professional Employer Organizations. PEO brokerage services like NetPEO help client businesses by facilitating the search for a PEO and by helping to ensure satisfaction throughout the duration of the working relationship.
A PEO Broker Helps You Find The Right PEO
PEOs often have specialties, whether that is accountancy work, organizational development, employee administration, workers’ compensation claim handling, or any of a number of different PEO services. By teaming up with a PEO broker like NetPEO, client businesses can enlist the aid of professionals who are familiar with many PEOs and can work to match the company with one that has a proven track record in their area of need.
In the case of NetPEO, client businesses can benefit even more from the vast number of PEOs in our network. Our PEO network spans the country, making it easier for you to find a PEO that is familiar with the local regulations that govern your business.
The process starts when you contact us. By discussing the details of your company and the needs you have, we build a profile that we can use to pair you with several relevant PEOs from our nationwide network. When we have a few, you choose which PEO you would like to work with, and you sign a co-employment agreement to begin working with that PEO. NetPEO is there every step of the way to ensure that you understand how the process works and what the PEO can do for you.
NetPEO Offers a Wider Assortment of Services
Unlike some PEO brokerage services, NetPEO is able to offer a wider variety of solutions to client businesses because of our a la carte policy. Though the best option for most businesses is to partner with a PEO for full HR department services, there may be some instances in which a company only needs one or two services performed. At NetPEO, we understand that and allow our clients to choose only the services they need.
Of course, having a nationwide network means that NetPEO also has access to more PEOs than many other brokers. Plus, those PEOs all have different specialties that allow for a multitude of client companies’ needs to be covered. Some of the PEO solutions from which client businesses can choose include:
Employee Administration
Services in this category range from culture development and prospect recruitment to the development and implementation of harassment policies.
Risk Management
PEOs can help reduce the risk of workers’ compensation claims by offering workplace safety solutions. They also analyze and assess your company’s overall risk profile.
Employer Liability Reduction
A major benefit of PEOs is their ability to reduce employer liability by handling compliance with local and federal regulations, including accurate tax filing with the IRS.
Payroll Services
This includes calculating and handling payroll matters as well as direct deposits and other related services.
Employee Benefits Packages
PEOs also are able to provide higher quality employee benefits packages at a lower individual cost, since they have a wider pool of employees due to the co-employment relationship. This can mean attracting and retaining top-tier employees and reducing costly employee turnover rates.
PEO Brokers Can Increase Satisfaction
In addition to facilitating the process of hiring a PEO, a PEO brokerage service is also poised to ensure higher rates of satisfaction among its client businesses. For most PEOs, this is simply because the PEO in question has been paired specifically to meet the needs of the client company.
However, NetPEO stands apart from our peers in this area. We do not match your company with a PEO and consider our work finished. Instead, we stick with you throughout the entire relationship between you and the PEO, and we regularly check in to make sure that you are satisfied with the services you receive. If you are not, we can quickly resolve any issue that arises.
Our dedication to staying with clients and ensuring their satisfaction has paid off. With an industry-leading client retention rate of 95%, NetPEO also boasts a 100% client satisfaction rate. That sort of consistency is almost unheard of.
Take Advantage of PEO Brokerage Services Today
If you are the owner of a business, you can benefit greatly from hiring a PEO. At NetPEO, we exist to help you find the perfect match for your company. To begin the search today, simply fill out the form on our contact page or call us at (678) 376-1212. We will gather information to form your company’s profile and start matching you with potential PEOs as soon as possible
