3 Ways a PEO Makes Your HR Department More EfficientJune 13, 2017 - By: Matt Thomas
No matter how large or small, your HR department has the opportunity to function more efficiently when you partner with a Professional Employer Organization (PEO). These experts live and breathe all things HR, ready to plug into and improve your current processes so your HR team and overall business can focus on doing what it does best. Let’s take a look at some specific HR functions that run more efficiently and effectively when you partner with a PEO.
Trusted compliance processes
The federal and state human resources laws governing the employer-employee relationship are extremely complex. The Department of Labor alone administers and enforces more than 180 federal laws. By nature of what they do day-in and day-out, PEOs stay up to speed on the ever-evolving compliance laws related to employment and HR. This means you can trust that your PEO partner will make sure the HR side of your business is in sync with these laws. The time and energy your PEO partner puts into ensuring your business meets regulation requirements frees up the rest of your team to spend time on tasks that move your company forward.
Time-tested HR admin tools
With a large part of daily HR tasks being admin-heavy, your business can’t afford to spin its wheels with inefficient processes. Partnering with a PEO means tapping into the industry resources and tools that they have found to be most efficient for handling HR-related functions. These HR management tools can be anything from payroll administration to your employee portal platform, depending on your needs. The efficiency these tools and platforms provide can mean the difference between HR admin nightmares and streamlined tasks handled with ease.
A true resource for your employees
Putting the “human” in human resources, your PEO partner is there to interact directly with your employees, as needed. As experts in the field, they’ve seen it all and come equipped with the right solutions to everyday HR-related issues. From the start, they’ll provide onboarding and training materials to new employees to get them started on the right path to success. For current employees, your PEO partner is available to serve as a third-party resource for general employee-related needs that may arise, whether the question is as simple as how their benefits work or more complicated inquiries like how to handle an issue with another employee or manager.
For small and mid-sized companies looking to grow, partnering with a PEO is the way to go. Entrust your HR needs to an expert in the field eager to help you on your path to success.
Want to learn more about exactly what a PEO is? We’re happy to help answer this and any other questions you may have about integrating a PEO into your business plan.