How Can a PEO Help Your Business?
- Author Shelley Davenport
- Published July 30, 2013
- Word count 371
Professional Employer Organizations (PEOs) take over administrative concerns like employee benefits, human resources, finance, workers compensation, commercial insurance, payroll and safety. This allows both small and large companies to focus solely on the actual business of their businesses, and it leaves the non-revenue producing office responsibilities to a trusted PEO.
So why is this important to your company? Any business owner looking to develop his or her company and grow in profitability can benefit from PEO services. One of the biggest non-revenue producing necessities in any business is payroll administration. Time spent tracking hours, paid vacation and sick time equals energy and resources diverted from your company’s actual business. When you responsibly delegate that work outside of your business, your employees will be able to once again work toward a shared goal.
What’s more, as DES Business Solutions, a San Antonio PEO company, points out, your business will retain complete control over the hiring, salaries, supervision, advances and discipline of your employees. You’ll just be leaving the necessary busywork to the professionals.
Let’s analyze the ‘busy’ in busywork for just a second. Before a company chooses to enlist the services of a PEO, its own employees, time and money is spent to report new hires, handle employee setup and maintenance, make all required tax deposits, track all time entries, process all payroll checks for employees, manage all employee direct deposits, create and distribute W-2 government filings to every employee, track sick, holiday and vacation times, track and manage paid time off accruals, implement voluntary and involuntary deductions, manage state withholding and unemployment returns, create 940 and 941 IRS filings and much more. If reading that sentence felt lengthy, imagine actually having to devote time and resources to everything it described.
If your company is losing valuable employees to a heavy administrative workload, you can free them up by teaming with a PEO. Every employee’s work is important and, with PEO services, will be able to contribute to your company’s ultimate goal. Payroll administration is only one of the many tasks a PEO can take off your plate. Contact your local PEO to find out how you can unify your team, boost productivity and watch your profits climb.
Cupcake connoisseur and proud member of the Who Dat Nation, Shelley is a native San Antonian with over five years of professional writing experience including editorial, newspaper, magazine and copywriting. She graduated from Louisiana State University in Shreveport in 2011. Shelley represents DES Business Solutions, a San Antonio PEO Company that focuses on payroll administration.
Article source: https://articlebiz.comRate article
Article comments
There are no posted comments.
Related articles
- How to Resolve Differences in the Workplace Without Argument
- 5 Proven Ways to Motivate and Retain your Technology Employees
- 10 Reasons to Start Benchmarking Your Business Today
- Fostering Collaboration in a Technologically Evolving Workplace
- 20 Best Employee Time Tracking Software to Streamline Your Workflow
- Healthcare Project Management: Ultimate Guide
- Leadership Advisory: Embracing Output and Results-Driven Management for High-Performing Teams by Dr. TA Malapane
- How to Shield Your Contracting Business from Common Risks
- "The Future of Money: How Digital Currencies are Transforming Global Finance"
- Advanced Analytics in Supply Chain Management: Driving Efficiency through Data
- Zodot — An end to end free Saas Platform to Automate Your Daily Business Activities
- Guide to Workforce Planning: Process and Strategies
- Effective Business Mentorship Strategies for Startups
- Next-Generation Seismic Techniques for Efficient Permian Basin Exploration
- The Major Challenges In Government Payment Processes – Survey Reveals Critical Inefficiencies
- The Psychology of Online Bargain Hunting: What Small Business Owners Need to Know
- Cultivating a High-Performance Culture in Bangladesh: The Strategic Imperative of Employee Engagement
- Improving Coding Efficiency: Streamlined Workflows with Medical Coding Audit Services
- Ensuring Coding Accuracy: How Medical Coding Audit Services Identify and Correct Errors
- Streamlining Insurance Verification: How Healthcare Automation Services Simplify Eligibility Checks
- Managing Administrative Overload: Streamlining Processes with Healthcare Automation Services
- Navigating State Licensing Variations: Expert Guidance from Medical Licensing Services
- Ensuring Accurate Documentation: The Role of Medical Licensing Services in Error Prevention
- Navigating State Licensing Variations: Expert Guidance from Medical Credentialing Services
- Handling Multiple Credentialing Applications: Streamlined Management by Credentialing Services
- Handling Complex Medical Histories: Efficient Record Management by Patient Access Services
- Improving Overall Patient Experience: Enhanced Satisfaction with Patient Access Services
- Finding the Perfect Partner: A Comprehensive Guide to Choosing the Best Virtual Assistant Agency
- The Transformative Potential of Medical Virtual Assistants in Healthcare
- Maximizing Profitability: The Economics Behind Customizable Design Assets