As a business owner, your time is extremely valuable. The more time you spend managing employees and taking care of HR-related issues, the less time you have to run your business. However, if you neglect your employee-related responsibilities your whole operation could cause a rift in your workforce, and negatively impact your business.
If you are unable to find a comfortable and effective balance, the next best thing is to hire a PEO. PEOs, or professional employer organizations, essentially function as an outsourced HR service. Having trouble imagining a scenario in which you would need professional employer services? Well, your trouble is coming to an end, because in today’s blog, we are going to lay out some of these possible scenarios.
Below are some scenarios where a PEO can help:
You Have Disciplinary or Legal Concerns
If you are worried about safety concerns in the workplace, Workers’ Compensation claims, or potential issues with Equal Employment Opportunity, PEOs can help you manage these situations, minimize your financial risks, and reduce your liability.
Your Employees Are Requesting Leave
Nowadays, there are a multitude of types of employee leaves and accompanying laws and regulations. Before you start ruling out who and what is eligible for leave, it is important to understand the full scope of the issue. This is something you can expect a PEO to handle as part of their professional employer services.
You Need Assistance Tracking COBRA Benefits
Monitoring COBRA benefits can be daunting. For example, employers are required to ensure that employees are making COBRA payments during extended absences. This difficult task can be managed by your professional employer organization, saving you time, potential liability, and a headache.
You Need Background Checks
If you need or would like to perform background checks on your employees, it is crucial that you first know what is permissible and what isn’t. PEOs are typically staffed with professionals who know the ever-changing, industry-specific laws regarding this issue.