How Do Employees Benefit From a PEO?
Employees of a PEO benefit greatly from the PEO arrangement. This is because PEO employees can access to benefits not available to the client company if it was not aligned with a PEO. PEO's have the ability to pool employees of its client companies, which gives the PEO purchasing power of a much larger organization. This a great benefit for employees of all of the PEO's client companies. Fortune 500-type benefits are now available to the employees. In addition, the PEO has the organizational size to change rising cost trends of health insurance and other employee benefits.
There are numerous reasons why PEO employees have it better than non-PEO employees. Consider the following list of employee benefits to working with a company aligned with a PEO.
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Access to employee benefits previously unavailable, including low cost 401k plans, insurance benefits, and money-saving flexible spending plans. | |
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Always on-time and accurate payroll. | |
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Fast, professional assistance with employment-related issues. | |
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FLEXIBLE time and attendance systems. | |
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Statuatory protections not available to companies with less employees. | |
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Fast, efficient, and responsive handling of workers' compensation and unemployment claims. | |
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Utilization of a professional employee policies and procedures handbook definining worksite rules and regulations. | |
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Access to current information on labor relations and worker rights. |
For more information on the benefits of a PEO arrangement, please see:
Why Would a Business Use a PEO?
Who is a Candidate For a PEO?
or contact Select Management. Simply call 1-800-390-4620 ext.106 to speak with a representative today. You can also contact us here.