If you’re running a business, you likely dream of seeing it grow. When companies work with a Professional Employer Organization (PEO), they see faster, greater growth than those who do not. This sentiment has been backed by a recent study conducted by McBassi & Company, which you can find here.
Experience the difference with SWBC PEO. We specialize in providing comprehensive HR solutions, payroll, and risk management services designed to ease your workload and improve efficiency. By partnering with us, you can focus on your core business while we handle the complexities of HR tasks. Let SWBC PEO enhance your operations and support your business’s success. Reach out to us to learn more!
How do PEOs aid businesses in their growth? We’ve got the answers in this blog!
What Does a PEO Do?
A PEO is a partner that helps businesses manage their employees effectively by taking on human resources (HR) and payroll-related tasks. They usually assist small to medium-sized companies in providing their valuable employees with optimal benefits, efficient payroll systems, and effective management. A few tasks PEOs tend to help with include:
- Employee Relations
- Recruitment
- The Selection of Quality Employee Candidates
- Training and Career Development
- Terminations
- Payroll
- Employment Taxes
- Benefit Administration
- Risk Management
- Workers’ Compensation
How Does This Help My Business Grow?
Your employees are the heart of your business. They play a significant role in your growth and success. There is no question about just how critical your HR team is to the satisfaction of these employees, which has a direct effect on their motivation to contribute to your business’s success.
However, HR and payroll management are large burdens to take on. If done incorrectly, your business may face compliance issues, disgruntled employees, legal trouble, and more. That is part of what makes a PEO such a critical tool for your business’s growth and resilience.
A PEO helps your business grow by:
Helping You Find Top-Tier Talent to Grow With
As we stated earlier, your employees are the heart of your business. That means the individuals you hire play a significant role in its growth. A PEO can provide its expertise and tools to help you find the employees you need to make your business boom. They can take on tasks, like the recruitment and selection of high-quality employees who possess the skills you need most.
Boosting Your Benefits Package
Your benefits are a huge part of scoring top-tier employees — and keeping them around. A PEO will possess greater resources to help you secure better benefits, like affordable health insurance, great retirement packages, and more.
See how SWBC PEO helped Beyer Mechanical provide their employees with the amazing benefits they deserve here!
Helping Your HR Scale Right Alongside Your Business
As your business grows, your HR and payroll needs will grow right alongside it. A PEO will possess the resources needed to keep your HR and payroll operations running smoothly as your business expands.
Keeping You Resilient
As business booms, it will be crucial to maintain compliance, ensure employee satisfaction, and manage your ever-growing risk right alongside it. A PEO will be game-changing in helping your business maintain resilience, even through rapid expansion.
Boost Business Growth with SWBC PEO!
At SWBC PEO, we work with your growth at the front of our mind, helping you increase profitability, encourage employee productivity, cut time spent on HR and payroll-related tasks, reduce your HR-related liability, and decrease labor costs.
Contact us today, and partner with a PEO excited to assist you in your growth!
