Running a successful company can be more complicated than what you think, especially when it comes about managing your workforce, this is why many business owners opt to contact a specialized agency since PEOs can handle all your HR needs.
If you’re doubting about choosing a PEO or making a considerable investment in an in-house HR department, you need to know how deciding for the first option can mean a significant improvement for your business. You won’t have to waste time focusing on HR functions, and your partner will be the one who takes care of that.
In this article, you’ll learn all the services and benefits that you can get from PEOs so you can know what to expect when you make this agreement with one of the top-leading agencies in the UAE. Let’s observe:
- How PEOs can handle all your HR needs?
- How can PEOs make your HR department more efficient?
- What are the services offered by PEOs?
- What are some of the benefits of using a PEO over in-house services?
- Why is Connect Resources your best PEO option?
1. How PEOs can handle all your HR needs?
PEO stands for Professional Employer Organization, and it’s a company that can help you with several HR tasks and functions such as payroll, taxes, and employee management. Companies decide to contact PEOs when there’s work overload or when it doesn’t have the resources or personnel to handle such department.
You have to know that your employees will also be listed under the PEO employees for tax purposes, so this means that it will be your co-employer, and this is why this partnership is also known as co-employment.
But don’t get confused about that term, you’ll still have control over your employees, and the PEO will handle everything related to the Human Capital, so it’s a relief for you. They’re particularly useful during this time of COVID-19 crisis, where employers need help.
- Should your business use a PEO?
Using a PEO can be a great choice because not only it can provide a boost to your business; it could also be a benefit for your employees since some PEOs can include some plans aimed to your workers, as long as you’ll decide that in the agreement.
PEOs can handle all your HR needs by providing a wide range of services and added features that can be great in the short and long-term for your company. You won’t have to waste time and effort in the HR functions because you’ll have an agency that is going to manage everything in the best way possible. Additionally, you can avoid hiring mistakes with this option.
- Can small companies use PEOs?
PEO services are used for smaller companies that don’t have a robust HR department or a dedicated team.
There are several small businesses in a variety of industries that take advantage of these type of service to start improving their processes and to receive help with the HR-related functions.
- What is the difference between PEO and outsourcing HR?
A common question that many companies ask before deciding to receive the help they need with the HR functions is what the difference between PEO and outsourcing HR is?
The big difference is the co-employment. With a PEO, you won’t be responsible or liable for their work, whereas, with outsourcing HR, you are hiring a service that will make you accountable.
The PEO takes all the responsibility for complying with the laws and for performing all the taxes and finance-related tasks, so it’s great for you because you won’t have to worry about this. Additionally, PEOs usually offer a more comprehensive offer, so this is why many companies opt to choose them.
Whether you decide for working with PEOs or you’re wondering how to do staff outsourcing, you need to know every aspect so you can make an informed decision.
- One-stop-shop solution
One of the advantages of choosing one of the PEOs in the UAE is that you’ll receive a one-stop-shop solution instead of outsourcing all the tasks to several agencies.
It’s a great option if you’re having troubles in several areas related with your workforce, because you’ll have assistance in each step from one single company, and everything can get optimized quickly and efficiently.
2. How can PEOs make your HR department more efficient?
One of the main questions that companies make when deciding about contacting the PEO services in Dubai is, will it make my HR department more efficient? And the truth is that PEOs can handle all your HR needs, which in turn is going to help you improve your HR department.
Once you partner with a PEO, you immediately have the opportunity to improve your HR functions and make them work more efficiently. Additionally, you can follow some tips for working with PEOs so you can receive more benefits.
2.1 Compliance with the laws
As you may know, there are many complex federal and state human resources Consultancy laws involved in the employee-employer relationship, and your company needs to fulfil them, so it doesn’t get caught in any trouble.
PEOs are always updated with the ever-evolving laws, and this is great for you because this way, you can ensure trusted compliance in all your processes. Your business will meet all these regulations by being in sync with all these laws, and the best part is that your team won’t have to focus on this.
2.2 Tools for HR-related functions
There is a full offer of tools, resources, and software used for handling the HR tasks, but sometimes companies can’t afford to keep them updated or even investing because it’s too expensive.
With the help of PEO like Connect Resources, you can be sure that they will offer you all the resources that they consider to be most efficient to handle the HR-related functions. The best part is that you’ll have an extensive series of admin tools for each area of your HR department, so this means that your processes will be much more effective.
2.3. Solutions to HR-related issues
Another great way of making your HR department more efficient with the help of a PEO is that you’ll receive immediate assistance for HR specialist that has enough expertise handling all the HR-related issues that can arise every day.
They will interact directly with your employees providing onboard and training so they can start being more efficient in their tasks, and start taking your business to success.
It’s challenging to handle all the issues that may come with the workforce. So this is why having the help of a PEO like Connect Resources can mean a significant improvement of your HR department, thus making it more efficient and ready to handle everything that may come in the way.
3. What are the services offered by PEOs?
PEOs can handle all your HR needs by offering several services that can help you efficiently manage your Human Capital, and without needing to invest much money in an in-house solution that requires technology and personnel.
What are PEO services? Let’s observe some of the basics:
- Benefits administration: this is highly important for having a good relationship with your employees.
- HR administration: the PEO manages everything related to your workforce
- Payroll administration and processing: your employees will get paid on time and without any mistakes
- Government compliance: your company will always comply with laws and regulations
- Tax compliance: taxes can be a headache for many companies, but with a PEO, you can have a great solution.
- Training and development: having skilled workers should be your goal as a company because they will take you to success.
- Hiring and recruitment processes: hiring new employees can be tough, but with a PEO you can have help in each step of the process.
- Safety programs: the PEO can help you have compliance with OSHA.
These are just some of the basics services offered by the PEOs in the UAE. Still, there are many more additional resources that you can receive from them, such as insurance plans, worker’s compensation, retirement plans, and many more. You need to ask them if they can help you with your specific needs.
Connect Resources is one of the top-leading PEO that can handle all your HR needs, and they have a team of specialists ready to answer all of your inquiries so you can know if the can fix any problem in your HR department.
4. What are some of the benefits of using a PEO over in-house services?
To know how PEOs can handle all your HR needs, you need to be aware of all the benefits that it will bring for your company to have a partnership within this area. You should know that there are many differences between PEO vs in-house services.
Maybe you’re considering the in-house services as an alternative, and you think that with an online payroll software is enough, but, if you want to have the best service in the HR department, then it’s best to consider all the advantages that PEO can have for your business.
4.1 Fewer administrative tasks
Since PEOs can handle everything related to your HR department, you’ll see that you won’t have to worry about any administrative tasks that usually get out of your hands.
This will allow you to focus on your core business and day-to-day operations, which can be great to start developing robust strategies and expanding in your industry.
4.2 Legal compliance
One of the best advantages of having a PEO handling your HR-related functions is that you can be entirely sure that your business will have legal compliance with state and federal regulations.
This includes everything related to your HR department, like law changes, risk compliance factors, tax structures, and many more.
With Connect Resources you can have peace of mind because your business will be working in a significant way and the best part is that you won’t have to immerse in all these legal issues since the PEO is the one that is going to take care of everything.
4.3 Better benefits
The PEO can be an excellent solution for small businesses because they’ll be able to receive all the benefits that are usually saved for large corporations, and these solutions can even have a lower cost.
For example, with a PEO, you can have access to health insurance plans without needing to contact an insurance company so that the cost will be lower. This means that your employees can receive more benefits and your business can obtain more coverage in several areas.
4.4 Talent acquisition
Hiring and recruiting skilled workers is a must if you want your company to start improving its processes, but these can be challenging tasks, especially if you don’t have a robust HR department. There are many challenges for talent acquisition, but with a good Dubai recruitment you can achieve your requirements.
Since PEOs are going to handle all these processes for you, you’ll be able to attract talented workers in your field. And the best part is that they’ll be interested in working with you once that you prove that you have more robust HR policies and offer better benefits for them.
With Connect Resources, you can have all the assistance that you need in hiring, onboarding, and even firing employees. This way, you ensure that your company always has the top talent that is going to do its best job.
5. Why is Connect Resources your best PEO option?
Once that you’re entirely sure that PEOs can handle all your HR needs, you need to contact a trustworthy company that can offer you this one-stop-shop solution and the best one is Connect Resources.
Why Connect Resources? Because they’ve been assisting companies in many industries for over 20 years, and they have a stable trajectory handling HR-related functions thanks to its standardized processes and high-quality technology.
- Are you looking for the right PEO for your business?
You need to have the help of a PEO that has a team of experts to handle all of your HR management needs. In Connect Resources, you’ll find the right organization to help you boost your business.
If you’re looking for receiving assistance in your HR functions and you’re looking to grow, then partnering with a PEO could be the best decision to start achieving your company’s goals.
Would you like to contact Connect Resources for PEO services? You can call at +971 433 166 88, or you can send an email to email@example.com, and you’ll talk to one of their representatives that gladly will answer all of your questions.