Comprehensive Employee Benefit Programs to Businesses

Comprehensive employee benefit programs to businesses are offered by a professional employer organization (PEO). The PEO offers human resource outsourcing solutions to all kinds of organizations. The services provided are flexible according to the individual needs of client organizations, be they small, large or medium-sized.

PEO Benefits

The benefits that a PEO enables client companies to offer generally cover the following areas:

• Life insurance


• Employee assistance including work/life program


• Personal accident insurance


• Long term and short term disability


• Supplemental plans for cancer, accident, hospital


• Flexible spending account plan


• Individual coverage


• Prescription drug plans


• Credit union


• Adoption assistance


• Educational assistance


• Retirement services

How a PEO Can Help

The more comprehensive and attractive the benefits offered, the greater the chances for the most qualified and talented professionals to be absorbed in your organization. But benefits are expensive, something all companies (particularly small and medium-sized organizations) bent on cutting costs and ensuring sustainability cannot afford. It requires the services of a PEO, that can enable the client company to secure competitive and stable insurance rates and great coverage plans thanks to the PEO’s relationship with major providers and National PPO carriers, in order to offer the best in rewards without sacrificing on resources.

PEOs provide comprehensive employee benefit programs to businesses. Rewards make employees feel valued and appreciated. There can be no greater motivating factor for any employee. With the PEO’s service, businesses can streamline their resources to focus on their core tasks and still offer attractive benefits. It ensures morale of staff, leading to greater efficiency and eventually greater profitability.

Comprehensive employee benefit programs to businesses are one of the HR outsourcing solutions provided by a PEO, the others including payroll management, recruitment and selection, training, legal compliance, and immigration compliance. With HR management in the safe hands of a PEO, companies can get busy with their core processes.

Choosing a PEO for Employee Benefits Administration

Choosing a PEO for employee benefits administration is important as benefits attract the right professionals to your organization and also contribute to increasing staff retention.

The Importance of Staff Retention

Retaining staff members who perform well is an important success factor for businesses as it offers continuity and saves the cost of hiring another batch and providing training. It leads to more resources, costs and time spent. A good benefits package not only increases the employee retention factor, but also expands the influence of the organization in the job market, when it’s time to get fresh, creative and dynamic professionals to spearhead the growth of your business. Choosing a PEO for employee benefits administration is therefore one of the most important tasks for any organization.

How a PEO Can Help

The PEO or Professional Employer Organization is made up of experts in the various fields of business – accounting, HR administration, management, business ownership, law, and more. They can handle all aspects of human resource management and also offer valuable suggestions and other assistance for the success of your organization, depending on its size, structure and nature of business. Benefits administration is one of the solutions offered as part of the PEO’s comprehensive HR management services.

What the Benefits Package Contains

The comprehensive benefits package offered by a PEO generally covers employee health benefits and insurance plans (PPOs, HSAs), individual retirement accounts and retirement planning, dental and vision care, disability insurance for the short and long term, individual coverage, hospital and supplemental plans, cancer and accident plans, voluntary benefits programs, flexible spending accounts, prescription drug plans, and education saving plans.

By choosing a PEO for employee benefits administration, you can ensure a satisfied workforce that is your greatest asset.

Human Resource Outsourcing Companies in the US

Human resource outsourcing companies in the US offer cost-effective employee administration solutions for small, medium-sized as well as large multinational corporations in the nation.

How Outsourcing Helps Cut Costs

The recent economic trends have made cost savings the only path to survival. Outsourcing has always proven to be probably the most practical means to achieving cost, resource and manpower savings, all of which can be utilized for the core revenue earning tasks that could lead to increased productivity and, as a result, earnings. Increased efficiency at lesser costs brings about greater sustainability that eventually leads to increased profitability.

These cost and resource savings can happen when outsourcing of technical, non-core tasks - that are not exactly part of the company’s portfolio but nevertheless need to be performed – is resorted to. Since outsourcing is offered by dedicated companies it is more likely that these non-core tasks are taken care of in the most professional manner and are handled well.

Outsourcing HR Management

One of the most important non-core responsibilities of a firm is human resource management. With its vast array of responsibilities and legal mandates, it would sap all the manpower, time and resources and company. Handing over the tasks to human resource outsourcing companies in the US, made up of experts in the various fields of HR and related management, would ensure better discharge of these responsibilities and also vital cost and resource savings.

The HR responsibilities outsourced include payroll and tax administration, employee benefits administration, workers’ compensation administration, human resources administration, risk management, regulatory and government compliance, recruitment and selection, employer liability management and immigration compliance.

With flexible and cost-effective solutions from human resource outsourcing companies in the US, your firm can stay put in spite of economic hurdles.

How PEO Employee Benefits Companies Can Work for You

It is very revealing to know how PEO employee benefits companies can work for you. Benefits are one of the most influencing factors affecting an employee’s decision to stay on or a potential employee’s decision to join the company. A PEO enables client companies to be a force to reckon with in the job market by offering potential employees a comprehensive and attractive benefits package without simultaneously compromising on their financial resources. That’s a challenge for companies to do on their own, but that’s what a PEO enables client companies to accomplish.

How Offering Benefits Can Be Economical

PEOs have strong links with insurance and other service providers, enabling client companies to secure coverage plans and plenty of other solutions for competitive rates. To understand how PEO employee benefits companies can work for you, it is vital to understand the kind of benefits package that PEOs can help companies offer. The list of attractive benefits could include the following:

• Employee health benefits & insurance plans (PPOs, HSAs)


• IRA solutions (Individual Retirement Accounts)


• 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

Knowing how PEO employee benefits companies can work for you would lead you to secure their services in order to ensure that your organization gets the best people working for it and also increase the retention factor of its existing staff. PEOs can also offer plenty of other human resource management solutions and even take over the HR management of firms, offering services that are perfectly in line with the demands of the client companies and that are also cost–effective.