Administrative responsibilities such as payroll, benefits, HR (human resources), risk management, and compliance can create time and financial burdens. As a result, they force an owner’s attention away from their business’s core mission and hinder potential profitability.
Seeking out an experienced and reliable Professional Employer Organization (PEO) such as UniqueHR to manage these integral parts of your growing company may take the burden off the owner.
As your PEO, UniqueHR will provide HR services — paying wages, and taxes and providing regulatory compliance assistance with state and federal laws and regulations. Meanwhile, your employees can gain access to benefits and perks like 401(k) plans, health insurance, ancillary insurance—such as dental, cancer, life, dependent care, and many others they may not have access to as employees of a smaller company.
Offloading these aspects of your day-to-day operations can benefit you by saving time. It allows you the freedom to stay alert and adapt to other issues that may befall a growing company. This has been especially important as we all deal with situations such as the pandemic and our economic climate. We help our clients mitigate risks and liabilities associated with running a business.
Since the pandemic, UniqueHR clients have not only survived but have thrived. PEO clients are 58% less likely to permanently close. They are also 32% less likely to have felt a lasting negative impact because of the pandemic.
UniqueHR can offer your small to mid-sized business HR relief and peace of mind. That allows you to focus on your company’s core mission and profitability.
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* This communication is for informational purposes only; it is not legal, tax or accounting advice; and should not be acted upon as such. This post may contain hyperlinks to websites operated by parties other than UniqueHR. Such hyperlinks are provided for reference only. UniqueHR does not control such websites and is not responsible for their content.
Sources: NAPEO White Paper Series: PEO Clients in the COVID-19 Pandemic: Follow-Up Analysis Laurie Bassi and Dan McMurrer McBassi & Company, September 2021