Why PEO Services Can Be Even More Beneficial for Remote Teams

The trend toward remote work had been growing for a number of years before Covid-19 hit nearly two years ago. Then, without warning, everyone who wasn’t already there packed their briefcases and went home. Heck, some people didn’t even get a chance to pack!

Working remotely has become an integral part of the global new normal – making talent management tasks like recruiting and onboarding, benefits administration, payroll and taxes, insurance, and compliance more burdensome than ever. Plus, as a business leader, you need to devote even more time and energy to keeping your company afloat and your customers happy.

How PEO Sevices Help Remote Teams

Outsourcing HR may be your best solution.

One thing that didn’t change with the pandemic was the number of hours in your day. By partnering with a professional employer organization (PEO), you can shift the responsibility for a number of HR responsibilities off your own desk. In addition, PEO specialists can help you navigate ongoing changes as they occur and stay up to date with the ever-changing maze of legal regulations and mandates.

There’s more good news.

There are numerous advantages to having people work remotely – both for them and for your company.

• As remote teams grow, so does your talent pool. With candidates no longer limited by geographic location, this puts you in a more favorable competitive position when it comes to sourcing and landing desired applicants. Worried about compliance with different state or local employment laws? Your PEO specialists can handle it.
• Working remotely is a highly desirable benefit. It’s not for everyone, but for an increasing percentage of employees, a totally remote or hybrid model fits their lifestyle demands like a glove. And for you, it means lower costs for workspace, equipment, utilities and similar overhead.

A PEO provides reassurance during uncertain times.

To accommodate your shifting business operations, a PEO can provide the much-needed help you need to stay on track. The top benefits a PEO provides during these uncertain times include:

• Freeing up your time to run and focus on growing your business.
• Ensuring that remote workers are supported with the right tools, practices and information.
• Managing your recruitment process at a time when more positions are likely to be open and the market is candidate driven.
• Helping you create or modify existing HR policies to accommodate remote workers.
• Ensuring that your business benefits from all applicable government support programs.

Speaking of benefits …

Remote work is just one of many desirable benefits for today’s job seekers. To fully enhance your competitive standing, you need to be able to offer benefit packages comparable to or better than much larger employers. Working with a PEO, this previously impossible challenge is well within your reach. PEOs pool their client employees together and use this purchasing power as they negotiate Fortune 500 level benefits including robust health insurance, vision and dental plans, retirement packages, disability insurance, and much more.

Your PEO can also manage your payroll function, including opportunities like the recent federal Payroll Protection Program (PPP).

Considering a PEO for your Remote Business?

To learn more about the benefits of a PEO partnership, contact Key HR today. We’ll work with you to find the right HR solutions for your company at every stage of its growth and development.