Three PEO benefits you may not know about

While diligent and capable employees are generally worth the money you pay to keep them, Professional Employment Organisations (PEOs) give you the tools you need to manage them adequately. You might know the intricate details of your product or service but human resources isn’t necessarily your forte. Taking care of complicated HR processes can be an ordeal and requires a lot of time, money and specialist knowledge but that doesn’t mean you have to burden yourself with it.
Partnering with a professional employment organisation (PEO) allows you to outsource virtually all of your human resource requirements. Australia PEO are specialists in the field of managing staff and with their own dedicated team of experts, help businesses stay on top of the very complicated tasks intrinsic to the human resource sector. In fact, the level of which Australia PEO offers support is so in-depth, some of our support offerings are often overlooked for the most obvious tasks of payroll and compliance.
Here are three ways you didn’t know we could help.
Competition
While Australia PEO doesn’t take care of the hiring process, excellent job applicants might be more inclined to go for a position at your business, if they know you have a solid external HR department taking care of the nitty-gritty.
With Australia’s unemployment rate dipping as low as five per cent at the end of January this year, businesses of all sizes are feeling the heat when it comes to hiring the best staff for the task at hand. Often, the most skilled and talented workers will head to larger, more well-known companies, with the assumption they’ll have more money to spend on staff salaries. For job hunters, the Coca-Colas and Commonwealth Banks of the Australian business world are often favoured for their prestige. At Australia PEO, we offer the expertise and level of support you need to give you that competitive advantage and make you more desirable to high-quality job applicants, without the need for a fully-serviced internal HR department.
Employee retention
In highly competitive sectors like tech start-ups, PR and marketing agencies, companies often face significantly low retention rates. With competition at its fiercest and with networking platforms like LinkedIn making it easier for companies to communicate with prospective employees, it’s simpler than ever before for a valued employee to be poached by another company. At Australia PEO, we level the playing field, enabling valued staff to have access to professional support at the tip of their fingers. It’s this level of professional engagement that encourages staff to stay longer.
Compliance
Regulations are changing almost monthly and as a hard-working business owner, you might be finding it hard to keep up with. Australia PEO can help you achieve regulatory compliance so that you can focus on other important areas of your business, such as product development or customer service. For example, we provide the expertise needed for payroll management, human resources support, immigration and visa management.
Just like using an employee’s untapped skill to your advantage, you want to know you’re getting as much as you can out of your PEO relationship. When looking for a PEO provider to help with your HR requirements, remember to be thorough. Ask lots of questions and find out what they can offer to your unique business model. At Australia PEO, we’ll put in the time with you to help identify how your business can benefit from our services. Talk to someone from our friendly team today to find out how we can help with your human resource needs by clicking here.
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