Non-Negotiables For Choosing A PEO
As a small business owner, you are responsible for the operations of your business. Whether it’s hiring and recruiting new employees, onboarding, paying your employees, or offering them benefits, your hands are full. How often do you have the chance to sit down and think about how you will grow the revenue-building side of your business?
Professional employer organizations (PEOs) work diligently with small business owners to provide them with the same buying power as a larger business through a co-employment relationship. Hiring an in-house HR professional consumes too much time and money, especially when you already have a limited number of employees. PEOs have experts in all aspects of your business you need assistance with. Whether you have workers’ compensation or employee benefits questions, our team of experts is there to assist.
Small business owners who partner with a PEO have streamlined all aspects of their business. Instead of outsourcing payroll, workers’ compensation, employee benefits, unemployment, and risk management to third parties, a PEO consolidates these to work as a one-stop shop. Partnering with a PEO will allow you to reduce certain expenses and liabilities as the employer. Continue reading to see how PEO services can help your business thrive.
Services A PEO Provides Small Businesses
Stellar Customer Support From A Designated HR Professional
As your business continues to grow, you may discover you no longer have the capacity to manage the administrative tasks or keep up with all HR-related duties. A PEO manages a range of responsibilities for your business from payroll to employee benefits. The duties of the PEO in the relationship are to focus on all administrative work so you can focus on what really matters in your business, revenue-building. Partnering with a PEO, like GMS, will save your business in the following ways:
- Greater buying power
- Increased employee retention
- Smoother onboarding process
- Free up your time
- HR compliance, portal, and audits
- Employee recruitment and training
Innovative Payroll Processing Technology
As an experienced small business owner, you know how much time it takes to manage payroll and tax filings. What if there was a way to eliminate this task that would save you time and money? At GMS, we combine our proprietary technology with dedicated HR services and support from our experts to provide you with the absolute best. Questions to ask yourself to determine if partnering with a PEO will benefit your business from a payroll standpoint:
- Do you offer your employees a direct deposit option?
- Are you spending too much time keeping up with taxes and IRS regulations?
- Do you feel like you’re filling too many roles and don’t have time to grow your business?
- Do you feel like you use your smartphone for everything and work on the go?
If you answered yes to any of these questions, GMS is here to help. Our experts work diligently to decrease payroll tax liabilities, keep track of deductions, provide your employees with a web-based payroll system with 24/7 access, and so much more.
A Dedicated Team To Ensure Compliance
Many small business owners struggle to stay ahead of the risks that are associated with workers’ compensation and workplace hazards. There are more than 4.1 million workers who suffer a serious job-related injury or illness every year according to OSHA. With the right risk management solution, you’ll create a safer work environment for your employees, resulting in fewer claims and a lower workers’ compensation insurance rate.
Partnering with GMS gives you access to our risk management services like workers’ compensation, claims management, and workplace safety. Protect your employees and your business now and outsource your risk management services.
Provided With Best-In-Class Benefits
Whether you want to keep or attract quality employees, you must offer a benefits package. If you have an existing benefits package, a PEO will provide additional resources that will gain applicants’ attention. Any business that isn’t leveraging a PEO or an online benefits platform is wasting valuable time and money. At GMS, we understand that managing pay stubs and W-2s, tracking time, or doing job costing and labor distribution can be time-consuming. However, we provide our clients with an online employee self-service portal that gives employees access to costs of medical services, RX pricing, ID cards, detailed EOB and coverage information, claim details, and much more.
GMS will offer you and your employees flexibility, control of premiums, access to data and networks, and overall options that you can’t find anywhere else. The following is a list of benefits you can offer your employees once you partner with a PEO:
- Benefit coverages: medical, dental, and vision
- Flexible spending account
- Health savings account
- Life, accident, and critical illness
- Short-term and long-term disability insurance
- Comprehensive 401(k) plan that’s integrated with payroll
- Pet insurance
- Pre-paid legal
- Telemedicine
- Diabetic management program
Make group health coverage less confusing and partner with GMS today.
Partner With A PEO Today!
At GMS, we do it all. GMS can provide any level of support you need, regardless of whether you choose one service or all of them. From payroll management to benefits and anywhere in between, our team of experts is here every step of the way when you choose to partner with GMS. By outsourcing your business, you can reduce liability and increase your efficiency. That way, you can focus on the aspects of your business that will help you grow externally. Make your business simpler, safer, and stronger by partnering with GMS today. Get a quote here.