Looking for a way to offer BIG business benefits at an affordable price? Need a competitive angle for attracting and retaining the top talent in your industry? If so, offering better benefits through a Professional Employer Organization (PEO) might just be the answer.
“Study after study shows that job seekers care just as much, if not more, about the benefits plan being offered than the actual pay!” – Ben Hipps, Senior Business Consultant at Employers Resource
PEO companies provide access to Fortune 500 caliber benefits for your employees, help administer these benefits, and smooth integration with your payroll processes.
A PEO will help you win talent by giving you access to competitive benefits.
What Is a PEO Company?
The PEO takes on the administrative functions of an HR department and manages your employment related tasks so you can focus on growing your business.
Most PEO companies use a unique employment model to relieve businesses of many of their employee related administrative functions. Learn more about the Employers Resource Model here.
How Can a PEO Help My Business?
For many businesses, the most attractive aspect of a PEO partnership is the ability to offer their employees Fortune 500 caliber benefits at an affordable price, like 401(k) plans that make your parents proud.
32% of U.S. employers are finding it more and more difficult to fill jobs at their company (ManpowerGroup).
Even as a small business, when you partner with a PEO you can compete for the best talent without losing to competitors over benefits.
Benefits a PEO Might Offer:
- Group Dental Insurance
- Group Vision Insurance
- Group Life Insurance
- Accidental Death and Dismemberment (AD&D) Insurance
- Hospital Indemnity Insurance
- Group Short-Term Disability Insurance
- Group Long-Term Disability Insurance
- Company Wellness Programs
- HRA (Health Reimbursement Account) options
- Flex Spending Account options
- Access to retirement options like 401(k).
PEO companies help you compete for, attract, and retain top talent.
Other Benefits You’ll Enjoy While Working with a PEO Company like Employers Resource:
- Shared liability
- Letting go of employee related paperwork
- Compliance assistance
- Workers’ comp insurance programs
- Advanced safety support
- Access to expert HR staff
- Complete payroll and tax services
- Free-up your HR staff to focus on strategic initiatives
- HRIS and timekeeping technology
- Health care reform help
Win the Talent Battle
If you’re looking for a means of providing the best benefits to your employees and future prospective employees, a PEO is a solution worth considering. Check out these other resources for more information on the PEO advantage, and contact us anytime for a free custom consultation.