Navigating Business Growth: Partnering with a PEO

One of the weakest areas for small and medium-sized businesses is Human Resources. As a company expands, it becomes crucial for leaders to build a strong HR team. This team plays a key role in leading recruitment efforts, reinforcing the desired company culture, and supporting initiatives to maximize the talents of the entire team.

Professional Employer Organizations (PEOs) offer a strategic outsourcing solution for payroll, HR, benefits, workers' comp, and compliance. PEOs handle critical business functions, providing consolidation of HR processes, competitive pricing on medical insurance through group purchasing power, and ensuring compliance with evolving regulations through access to HR professionals.

Is a PEO Right for Me?

While PEOs offer unique advantages, businesses must assess their specific needs, long-term objectives, and overall vision before engaging with a PEO. Buffer Insurance, as an independent insurance agency, distinguishes itself from a PEO by representing many insurance companies, offering a broader spectrum of options for clients. Unlike a PEO, which is often captive to one insurance company, Buffer Insurance's independence allows for flexibility in tailoring insurance solutions to meet individual business requirements.

Buffer Insurance is not a PEO, but we do collaborate with PEOs to serve our clients when we believe they would benefit from one. This strategic partnership approach ensures that businesses receive comprehensive HR and insurance solutions tailored to their unique needs.

4 Reasons to Consider a PEO

1. Access to a Pooled Insurance Plan: Enjoy greater buying power for negotiating rates.

2. Relief From Payroll Overload: Access specialized HR services for benefits, paperwork, payroll, and tax reporting.

3. Ongoing Compliance Assistance: Receive proactive monitoring of changes to labor laws for business compliance.

4. Worker’s Compensation Coverage: Gain protection against work-related injury claims.

Partnering with a PEO can streamline business growth, but aligning the decision with your unique needs is crucial for success. If you are looking for a certified HR professional, Buffer clients enjoy free access to a range of Human Resource solutions. We're committed to empowering our clients to run better and smarter companies. Contact our team today to learn more about how Buffer Insurance can support your business's growth journey.