The way employees approach the job market has changed. With conversations about increased minimum wage and remote work gaining popularity, companies need to provide comprehensive benefits packages to remain competitive in the market.
That said, drafting a competitive benefits package isn’t always easy, particularly if your resources are limited. Fortunately, there are outside sources that can help you better appeal to new employees.
Indiana professional employee organization companies, or PEOs, lend their experience to your benefit-building process. NetPEO is prepared to help you reduce staff turnover, improve employee morale, and stand out in your industry.
Understanding PEO
Professional employee organizers (PEOs) operate in tandem with your business. These separate entities allow you to focus on the day-to-day needs of your business while our teams meet the needs of your employees.
In practice, this dual approach to your daily operations can be called co-employment. Your employees can subsequently be employed by your institution while being under the care of hours.
When you collaborate with a PEO, you have the opportunity to expand upon the benefits packages that you might otherwise be able to offer to your employees. This larger resource pool makes it easier for you to draw in experts from different industries. What’s more, you can rely on a PEO partner to address your business’s unemployment claims, and in-house grievances.
Distinguishing PEO From HR Outsourcing
Today’s human resource outsourcing industry allows you to put responsibility for your employees’ well-being onto a separate party. While this outsourcing can benefit your bottom line, it can also disconnect you from your business’s most essential players.
When you bring in an Indiana PEO company, however, you retain your connections with your employees. Where HR outsourcing allows you to connect a team that supplies employee support, PEO teams operate as employee managers on the ground.
NetPEO strives to build you an internal network that promotes improved operational communications. At the same time, a PEO’s efforts give your business a competitive appearance in the job market.
PEO Is Increasingly Popular Across All Industries
We don’t confine our PEO services to a single industry. Instead, with the job market ever in flux, the need to assess and reassess benefit packages is universal. Our clients range from businesses of ten employees to International corporations. We offer our services to startups, nonprofit organizations, and businesses large and small.
If you have questions about how you might best put our services to use, you can meet with one of our representatives. We can discuss which of our services might benefit your office during an initial operations consultation. Our team can then draft sample service packages based on your budget and ambitions.
Co-Employment in Indiana
According to Indiana Code § 27-2-27-16, any PEO must register with the Indiana Department of Insurance before entering a co-employment agreement with Indiana businesses. Approved partnerships see a client’s employees enter into dual employment between the PEO and their parent company.
This means that the company that reaches out to a PEO retains control over business operations. However, the management of clients is transferred to the PEO. Co-employment further allows for the exchange of employee-relevant documents. This includes W-2s, workers’ compensation claims, and human resource documents.
Any employee benefiting from unemployment taxes must go through the PEO to receive compensation. That said, the client company pays for the individual’s unemployment insurance, while the PEO distributes it.
Indiana further considers the PEO and client company to be responsible for shared liability and taxes. Corporations interested in pursuing a relationship with a PEO can visit the Indiana Department of Workforce Development website to learn more about the means through which applicable firms can divide their financial responsibilities.
The Benefits of Indiana PEO
Working alongside a PEO company in Indiana makes it easier for you to manage your:
- Benefits package and outreach
- Employees health insurance
- Employee payroll
- Employ these claims
- Business hiring and recruiting
- Internal development and training
Again, our team strives to ensure that your benefits package makes you competitive within your field. This means that we can discuss what benefits your competitors offer and how you might build upon those offerings during an initial case consultation.
We also encourage you to revisit your benefits on a yearly basis. Our team is available to discuss pre-established packages should you wish to modify your offerings.
NetPEO Stands Out From the Crowd
Our team has decades of experience helping businesses like yours craft unbeatable benefits packages. When we assess the needs of your business, we strive to do more than meet your expectations. As we customize your business’s plans for internal development, we want to make your workplace stand head and shoulders above your competition.
That’s why our Indiana PEO company services don’t end with the creation of a new benefits package. We offer you versatility and clear away the HR-related stress that might otherwise delay your operation’s growth.
We also recognize that not every step on the road to development is the right one. That’s why we enthusiastically revisit previously-made plans and modify them to better suit your needs. When you come to NetPEO, you can expect personalized, flexible service that focuses on employee retention and internal success.
Talk to Our Team Today
Our Indiana PEO company team wants to help make your business more competitive. That means ensuring you have every tool you need to keep your employees happy. If you’re ready to pursue customized HR Services, contact our team. We can discuss your business needs and customize our approach to your outreach.
You can schedule a consultation with one of our representatives over the phone or through our website. Fill out our online form for a free quote on our services.
