Questions to Ask Benefits Brokers: How to Assess Services and Find a Health Insurance Agent to Help Your SMB Thrive
Choosing the right health insurance agent to provide small business employee benefits is essential. Employers need more than standalone health plans for their employees; they also need business consulting services, superb ancillary offerings to supplement core benefits, and HR administrative support. Benefits brokers and health insurance agents bridge the gap between an expansive healthcare industry and an SMB. They assist…
Annual Enrollment: Top 3 Reasons SMBs Dread It & How PEOs Help Benefits Advisors Get Through It
In a recent survey, 60% of employees said employee benefits were extremely or very important when considering whether to stay with their current employer. This means that it is critical for business owners to get their employee benefits packages right. With few exceptions, SMBs only get one chance every year to lock in the benefits that make them competitive: annual…
The Top 3 Myths Benefits Consultants Hear About Partnering with a PEO
The PEO industry is growing every year. According to the National Association of Professional Employer Organizations (NAPEO), there are 523 PEOs operating in the US right now. As PEOs gain popularity, benefits advisors have a lot of potential PEO partners to choose from. Many benefits consultants have found partnership with a broker-friendly PEO to be highly rewarding. Broker–friendly PEOs create…
Offering Peace of Mind for Your Employees through Your PEO Partnership
Recent news from the federal reserve has indicated that the United States is headed for another recession. Employers and workers are bracing themselves for the impact. Whether it’s due to a recession, inflation, the pandemic, or another disaster, these events can send a thriving business into chaos. When you own or operate a small or mid-sized organization, the effect of…
PrestigePEO Ranks on 2021 Inc. 5000 List with Three-Year Revenue Growth of 67 Percent
PrestigePEO, one of the nation’s largest professional employer organizations (PEO), announced today it ranked #4285 on Inc. Magazine’s annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The placement demonstrates PrestigePEO’s 67 percent growth in revenue over the past three years and marks the 10th time since 2008 in which the company has appeared on…
Shopping for Employee Benefits During Open Enrollment? Consider Plan Variety.
This year’s open enrollment period is more significant than ever. Right off the heels of the worst global health crisis of most people’s lifetimes, employee benefits like health insurance are sure to be top priority for both employers and their employees. Employers want to take care of their employees (and also retain talent over time), while their employees are thinking…
PrestigePEO Earns Gold Stevie Award in the 2021 American Business Awards
PrestigePEO, one of the nation’s largest professional employer organizations (PEO), announced today that the Company was named winner of a Gold Stevie® Award in the Company of the Year – Business & Professional Services – Medium category in The 19th Annual American Business Awards®. Judges recognized PrestigePEO for its unparalleled client support and the broad range of services it delivers…
How to Choose A PEO Partner? Remember to Think Beyond Pricing.
It’s no secret that cost is a huge decision driver for employers when it comes to offering employee benefits to their workforce. Small and mid-size businesses in particular are often under the impression that they can’t afford to offer their employees benefits like medical, dental, vision, or life insurance, let alone additional benefits like 401(k) plans or entertainment discounts. With…
Shopping Around During Open Enrollment? Save Money with a PEO.
COVID-19 has cast an intense spotlight on employee health and wellbeing, leading many employers to want to take better care of their teams. According to a recent study by Harvard Business Review, nearly all – 98% – of senior executives surveyed indicated that they plan to offer their employees at least one new or extended employee benefit this year. That…
Recruiting, Hiring, and Onboarding Employees in 2021
Did you know? – Glassdoor reports that offering an exemplary employee hiring and onboarding experience can improve retention by over 80%. After an exceptionally unusual 2020, businesses everywhere are rethinking how things are done heading into 2021, with recruitment and hiring practices at top of mind for many. Keep reading to learn how employers can improve recruitment, hiring, and onboarding…