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16+ types of employee benefits you should consider

Genesis HR Solutions

At the end of this article, we’ll explain how a professional employer organization (PEO) can help you select, negotiate, and administer best possible benefits for your company. There are four major types of employee benefits many employers offer: medical insurance, life insurance, disability insurance, and retirement plans.

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People over perks: Bridging employee benefits with strong HR

Insperity

Standard” benefits may include: Health, dental and vision insurance Retirement savings plan, with a company match Life insurance Disability insurance Workers’ compensation insurance Paid time off (PTO) – two weeks per year at a minimum, three weeks per year preferred. Add health savings accounts and flexible spending accounts.

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What is a PEO?

Insperity

The good news: There’s help out there – it’s called a professional employer organization (PEO). These organizations can work with your company to provide comprehensive and affordable payroll, benefits and human resource services through a business-to-business relationship called “co-employment.

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7 PEO benefits that can save you money

Insperity

They are when you outsource your heaviest HR burdens to a professional employer organization (PEO). In a nutshell, a PEO is an organization that enters into a co-employment relationship with your company, assuming many of your employer-related HR responsibilities, such as payroll and benefits.

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How to find the best PEO for small businesses: 5 Non-Negotiables

Genesis HR Solutions

It must be a Certified Professional Employment Organization (CPEO). As of 2017, professional employment organizations are eligible to become certified through the IRS (thus Certified PEOs). We also offer the following: Group Health, Dental, and Vision. Flexible Spending Programs.

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Navigating employee benefits: A comprehensive guide for growing businesses

Insperity

Optional dental and vision care are usually offered alongside health insurance for an added fee.) Employees appreciate employers who take the extra step of openly demonstrating care for their wellbeing. See more information about how a professional employer organization can help below.)

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4 Health Insurance Options For Small Business Owners

Genesis HR Solutions

PEO stands for “professional employer organization”; small and midsize businesses that engage a PEO gain an ally when it comes to health insurance. When choosing an HRA, you’d simply opt out of our master plan and select individual coverage. You can learn more here. PEO Group Insurance* (Genesis Pick).