You’ve likely heard it a hundred times, but we’re still in the midst of The Great Resignation. American workers continue to make career changes at record-breaking rates, leaving employers with holes in their roster and desks left vacant. The root of these career changes? The COVID-19 pandemic gave us all extra time to reflect on our work situations, our dreams, and our overall wellbeing. Simply put, workers across the country – and the globe – realized they were unsatisfied, unfulfilled, and under-appreciated.
To ensure your team members are getting the employee experience they deserve (and expect!) and retain them from joining your competitors, you need to offer significant benefits, encourage employee engagement and promote a nurturing company culture. So, how can a professional employer organization (PEO) help your business with these tasks? Simply put, a PEO is typically able to provide employee benefits at a better rate than you could get on your own. Because the PEO model aggregates the employees of multiple small businesses together, purchasing power becomes more aligned with what is normally only possessed by larger-scale organizations!
A PEO partnership can strengthen the following benefits offerings, which ultimately can improve your overall employee experience:
- Medical, dental, and vision insurance
- Retirement plans
- Life insurance
- Personal accident insurance
- Short-term and long-term disability insurance
- Educational assistance, continued training, and professional development opportunities
We understand that benefits administration can be confusing, time consuming, and expensive. By partnering with a PEO, you will reduce the risks and costs that can come with these tasks. Your HR team will have access to a dedicated INVO PEO agent who has nothing but your best interests in mind. Similarly, we provide our clients with access to an online Human Resource Management System (HRMS). This cloud-based system unites the functionalities of payroll, health benefits, and time management together by allowing you and your employees to view and update applicable information in just a few clicks.
You know your employees deserve the best, and by partnering with INVO PEO, you can exceed expectations. Get in touch with our team to learn more about our services. You’ll be glad you did.
