Will your PEO have what it takes lower your employee turnover?

As a large business executive, you may be considering outsourcing your payroll or HR issues. Savvy Professional Employer Organizations have developed specialized services and delivery systems that cater to needs specific to larger companies.

A common requirement from large businesses working with professional employer organizations is for the PEO to be able to deal with HR issues like employee morale and turnover.

You probably consider your employees as your most important asset. You should view your PEO selection as a choice to further protect this important asset. As opposed to small sized companies, your large business probably needs constant attention for HR issues.

We’re talking about needs beyond the traditional human resources services such as policy development, background checks, drug testing, compliance, discipline, termination, and employee relations.

Large companies also expect their PEOs to provide value-added services that make it a true strategic human resources solution. Businesses like yours are increasingly expressing their desire for long-term strategic human resources programs and practices that benefit the bottom line, as well as short term.

Through human resources assessments and strategic discussions with businesses like yours, PEOs have discovered that the "missing link" between human resources and the bottom line has been the absence of employee involvement. As a result, large PEO clients are requesting strategies in critical areas that impact their bottom line:

  1. Human resources recruiting
  2. Selection
  3. Retention
  4. Turnover
  5. Absenteeism
  6. Morale
  7. Development
  8. Performance
  9. Complaint resolution
  10. Communication management.

Are these areas of need issues in your company, too? Try to get a sense of whether your PEO has a history of solving these kinds of issues relating to human resources.

Recruiting of your own HR people to help work on these issues should be an area of expertise. Ask them about it. Your internal HR team should anticipate working with the PEO in developing and implementing proactive human resources services. Make sure the PEO you’re considering has the capability to do this in a professional, organized and timely way. Exposing your HR people to an unprofessional representative from the PEO is a quick way to lose their confidence.

At Modern Business Associates, our knowledgeable Florida HRO team includes HR specialists with legal backgrounds, employment tax professionals, certified payroll processors, licensed insurance agents and award winning customer service professionals. Our products and services are designed to offer you back-office support so you can focus on new revenue.