PEOs offer comprehensive employee benefits administration services for employers to help them attract talented and experienced professionals. Great benefits and a good pay packet attract the best brains available. A PEO (Professional Employer Organization) ensures its client company is able to offer an extensive pay package depending on the financial resources at its disposal.
A PEO Can Efficiently Manage Employee Benefits Administration
Employee benefits management is just one of the many solutions offered by a PEO. Made up of experts in various fields, the PEO is a worthy partner for a company. It takes over all aspects of human resource management, though the client company can also limit the influence of a PEO to a few specific responsibilities. With a PEO by your side, you can focus on your core tasks and let your employees be managed professionally.
The employee benefits administration services for employers offered by a PEO cover the areas of:
• Employee health benefits & insurance plans
• IRA solutions
• Retirement Planning
• Dental and vision care
• Long term and short term disability insurance
• Cancer, accident, hospital and other supplemental plans
• Education saving plans
• Adoption assistance
• Cafeteria plan
• Flexible spending accounts
• Individual coverage
• Employee voluntary benefits programs
• Prescription drug plans
PEO—the Right Partner that Understands Your Business Requirements
PEOs enable client companies set up competitive insurance and other plans for their employees, making them the right partners for almost all kinds of organizations, whether large or medium-sized. Employee benefits administration services will help bring quality to your workforce, which will ultimately propel you to the top.
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