PEOs Make HR Administration More Efficient
In these days of increasing regulation and reporting, having employees has become more complicated. Payroll has moved beyond tracking taxes and vacation, with new federal requirements for overtime designation and health insurance reporting coming into effect over the past few years. Businesses without large human resource departments find it difficult to stay on top of the complexities of managing a workforce. Where companies are experts in what they do, professional employer organizations, or PEOs, are experts in HR administration. Partnering with a PEO brings efficiency to a business, as well as the confidence in knowing all compliance requirements are being fulfilled.
PEOs provide a variety of services related to managing a group of employees. WorkSmart Systems, an Indiana-based co-employment PEO, offers comprehensive human resource administration services, including payroll, employee benefits, and a human resource information system (HRIS). When you partner with WorkSmart, you have access to their full array of services, for no extra charge. If you are currently using a typical payroll company to produce the new reports required for employers, you may have noticed additional charges on your bill. Training your own HR staff on these changes comes at a cost as well. WorkSmart avoids this one-size-fits all, nickel-and-diming business model, serving as a true partner for their clients.
WorkSmart charges a sliding scale HR administration service fee based on the number of employees in your organization. This fee covers the tasks necessary to administer your account, regardless of any new requirements that emerge. You have access to their full array of services, choosing what works best for your business. One powerful resource is their custom HRIS, offering a centralized space to manage all of your employee information. Examples of other services include the following:
• Easy payroll tracking and compliance reporting
• Group health insurance on-boarding and management
• Access to an HR expert for employee issues
• Applicant to employment tracking
• Employee handbooks and HR training
• Termination procedures and COBRA administration
As a client of WorkSmart, you receive a designated account manager, who gets to know your business and can create a suite of services that suit your needs. They are available to you and your employees to provide you with whatever you need to better manage your human resources—answering your questions, providing training and on-boarding, creating custom reports and etcetera—with no additional fees.
There is no need to spend time and money becoming an expert in the complex world of human resources. Allow yourself and your HR staff to focus on what is important—running your business. Partnering with a PEO not only grants you efficiency and expertise, but you also gain the peace-of-mind that you are compliant with the most up-to-date employment requirements. Want to learn more about WorkSmart Systems? Send us an email or give us a call at 317-663-4138.
