You don’t have to struggle with employee retention alone. In this ever-changing workforce, professional employee organizers can update your company offerings to improve employee retention. If you’re not collaborating with a PEO company in Kentucky, you may be missing out on the action plans that make you competitive in your industry.
NetPEO does more than help you stand out from the crowd. When you collaborate with our team, you get a fully-customized plan to grow your company’s employee engagement. You can request a free service quote over the phone or through our website.
When to Call a PEO Company
Are you struggling to engage with your employees? Have you seen a significant amount of employee turnover in the past couple of months? Are your competitors performing more effectively not only with consumers but on job platforms like Glassdoor?
If your team is not satisfied with their positions, the success of your entire company can suffer. Fortunately, you can take steps to alleviate your employees’ stress and improve the look of your business. These problems are not ones that you want to face with HR outsourcing, as outsourcing can create a divide between you and your staff.
Instead, you’ll want to call on a Kentucky PEO company. Our company engages in what is known as co-employment between you and your employees. We help you generate the benefits programs, claim management, and people-oriented tools that make your employees feel like appreciated parts of your team.
Everyone Can Benefit From PEO Services
There’s no limit on the type of business that can benefit from a PEO company’s services. Our company has worked with corporations on an international scale. With our help, these institutions can fund intensive assessments of employee engagement and a significant retooling of on-site perks.
Smaller businesses need as much TLC as these international conglomerates, though. Even if your business only has 10 employees, our team can step in and make sure that those team members work like a well-oiled machine.
It doesn’t matter what industry you work in, either. From technology to healthcare, businesses are only as successful as their employees are. If your employees are suffering from low morale or burnout, you need to give them the means to better serve your business. This means retooling employee relations to make sure your business is as effective as possible.
What to Expect From NetPEO
Our Kentucky PEO company has worked for decades to help businesses large and small improve their relationships with their employees. We do this by taking an individualized approach to your business’s needs. By polling employees and working with the budget you set for us, we determine how we can make you competitive on the job market.
More importantly, our company recognizes that the first employee retention plan we put into action may not always be the best one. The best way to encourage consistent employee growth is to grow alongside them.
Our team is more than willing to revisit instituted plans and change them to better suit alterations in your budget, business size, or personal preferences. When you collaborate with our company, you receive more than a broadened pool of supplies for employee use. Your employees benefit from our full-time attention when we address their day-to-day office needs.
Let’s Talk Co-Employment in Kentucky
When you collaborate with a PEO company in Kentucky, you share the employment of your staff with your chosen partner. Kentucky regulates these co-employment relationships via Ky. Rev. Stat. § 336.242. Herein, the original employer – referred to as the client – explicitly retains all rights to daily operations and the overarching management of their employees.
All parties are required to fill out a professional employer agreement prior to the beginning of a co-employment partnership. These agreements need to outline the responsibilities of both applicable businesses. This includes each business’s financial contributions to employee success as well as:
- The PEO company’s right to hire, fire, and/or discipline the client’s employees
- Which applicable party needs to cover workers’ compensation claims
- Determine how the PEO company is expected to engage with corporate payroll
Kentucky also states that all employees working in a co-employment relationship need to be informed of this relationship upon either its initiation or their hiring. Because your employees are the parties who’ll engage with a PEO most often, they need to understand the details of your partnership. This way, their interactions with a PEO company can be more efficient.
Customizing Your Employees’ Path to Success
While all businesses benefit from an outsider’s perspective on their HR departments, not all businesses require the same approach to employee management. If you want to improve employee retention and make yourself competitive on the job market, you need an employee engagement plan that is unique to your business.
It’s with that in mind that our company takes a fresh-faced approach to every client who steps through our door. We do not have a boilerplate approach to your new benefits packages, employee claims management, or in-office needs. Instead, we will consider your budget and your desired end goals before drafting an action plan for you to put into place.
The versatility with which we approach your need for improved employee retention is one of our strong suits. You can discuss what services may best suit you and how we expect those services to transform your business during an initial consultation. You can also come away from these consultations with a free services quote.
Kentucky PEO Companies Make You Competitive
Don’t let the job market evolve beyond your business. To increase employee retention and office morale, consider changing your approach to HR. A Kentucky PEO company makes it easier than ever to retain overall growth without compromising employee engagement.
You can learn more about the benefits of NetPEO’s services by talking with one of our representatives. You can contact us online or over the phone during working hours. We can create a customized employee engagement program for your team and offer you a free consultation based on the services that might suit you best.