Our Expertise / PEO
Few small business owners have the resources or the time to add HR-related responsibilities to their plate. As a PEO (Professional Employer Organization), we co-employ with you, allowing us to step in and provide everything from payroll services to human resources solutions to benefits administration and management so that business owners can focus on what they do best: running their company.
Clients find that working with a PEO increases their company’s productivity, profitability, and focus. And, according to NAPEO, small businesses that work with a PEO have been reported to grow 7-9% faster, have 10-14% lower employee turnover, and be 50% less likely to go out of business. Finally, for businesses that use a PEO, their administrative costs are roughly $450 lower per employee. Sounds like a win to us.
As a PEO, we’re responsible for our PEO clients’ payroll-related tasks. No matter what the size of our clients’ team, we make sure their payroll is completed correctly and on time. Other payroll services include setting up direct deposits, designing customized payroll reports, preparing and administering relevant tax forms, and more.
We’ve certainly earned the title of The Human Resource Resource™. As a PEO, we manage a wide variety of our PEO clients’ HR-related tasks, from onboarding new employees to conducting HR assessments. Chances are — if they need it, we can do it.
Benefits Administration and Management
As a PEO, we administer and manage the following benefits: health insurance, vision insurance, dental insurance, workers’ compensation insurance, 401(k) retirement plans, long-term disability insurance, flexible spending accounts, group term life insurance, and PTO.
We [Oxygen One] do not have a dedicated HR person, so we rely heavily on TEG to help us out with that. As a small business, there are certain services TEG provides that we wouldn’t really have access to on our own. They administer our payroll and they administer our health plan so we can buy insurance at a much cheaper rate. Additionally, a lot of value we get is through TEG managing our HR files, helping us with our employee handbook, with employee issues and so on. TEG comes in and does training when we ask, they help us do employee reviews… you name it, if it’s HR-related, they are ready to step in and help us out. They really are a partnership when we have challenges, especially from an HR standpoint. With TEG, I really feel like I’ve got someone in our corner to help us out.
Oxygen One, Inc.
We [Midwest Prototyping] decided to use The Employer Group when we realized that we were growing very quickly and had no one on staff with any real HR expertise. … They were really the right size for our business, with a real personal touch and just very easy people to get in touch with. We’ve been surprised by how capable and helpful TEG has been with recruiting. We have some very unusual positions here and they are always willing to think outside the box and help us draw people from different areas. Outsourcing the HR component of our business is something that once you do it, you wish you’d done it much sooner. It’s taken away a lot of headaches.
As a small not-for-profit we recognize the value of our employees in achieving our mission. Providing competitive benefits was a challenge for us prior to meeting The Employer Group. From my first meeting with them I realized how valuable they could be to our organization. They streamlined payroll administration and then went on to save us significant time and money with our benefits. Their human resources expertise has guided us through several challenges. I’ll tell anyone who asks that working with The Employer Group is one of the best decisions I have ever made.
Mary Ales, Executive Director
Interstate Postgraduate Medical Association