If someone told you that you could lower your employee turnover, improve your company’s chances of survival and increase your revenue just by outsourcing your HR would you believe them?
Probably not.
But it’s true. That is if you partner with a professional employer organization (PEO) like LBMC Employment Partners, LLC.
Our team of HR experts takes the hassle of doing business off of your plate so you can focus on why you started your business in the first place. When you’re not worried about paperwork you can focus on growing your bottom line and allow your employees to direct all their energy towards serving customers. It’s what PEO clients do.
PEOs handle the payroll, benefits, tax administration, and workers’ compensation, while providing peace-of-mind with risk management and compliance assistance. After all, it’s why we started our business. Alleviate the complexities of human resources management by outsourcing non-core business functions while you focus on revenue producing operations.
Research from the National Association of Professional Employer Organizations (NAPEO), shows that businesses that use a PEO grow 7 to 9 percent faster than businesses that do not use a PEO. NAPEO research also indicates that PEO clients have 10 to 14 percent lower rates of employee turnover and are 50 percent less likely to go out of business.
Moreover, NAPEO studies have shown that annual revenue growth of PEO clients was twice that of non-PEO clients; and PEO clients were 16% more likely to report an increase in profitability. That’s why research also found that 98% of business owners who use a PEO would recommend one to fellow business owners.
Worried about your employees? Don’t panic. We don’t replace your employees or set their wages or assign them tasks. But we do provide Fortune-500 level benefits and a full-service HR department. Our PEO offers complete management of your HR tasks, including employee handbook development, reviews of policies and procedures, new hire onboarding, employee relations and more.
Millions of employees – and hundreds of thousands of small businesses– across the country benefit from working with a PEO every day including our locations in Nashville, Knoxville and Chattanooga. We’ve been serving clients and helping businesses grow for more than 20 years.
You started your business because of a great idea, not because of paperwork and compliance. Isn’t it time you learned one of the best kept secrets in business? Find out how a PEO can power your business so you can grow, thrive and succeed. Learn about LBMC Employment Partners PEO services.
About LBMC Employment Partners:
LBMC Employment Partners, LLC, a member of the LBMC Family of Companies, is a world-class professional services firm. LBMC Employment Partners provides a comprehensive suite of human resource-related services to businesses, including Professional Employer Organization (PEO) services, HR Outsourcing (HRO), Payroll, Human Resource Consulting, Employee Benefits, and ACA Compliance Consulting. LBMC Employment Partners is also the only Tennessee-based PEO to receive the Certified Professional Employment Organization (CPEO) designation in the first round of IRS certifications. For more information visit www.lbmcep.com.
About LBMC:
LBMC is a Solutions Leader in financial services, human resources, and technology solutions. Founded in 1984 as a traditional accounting firm, LBMC has solidified its standing as the #1 Accounting firm in its market, top 5 regional Accounting firm and a top 50 national Accounting firm, concurrently expanding its breadth of capabilities to comprehensively meet client needs. Today, LBMC serves clients in a wide range of industries with specialized services, including audit, tax and advisory services; business, personal and specialty tax consulting; investment advisory services; professional staffing; human resource outsourcing; payroll services; technology solutions; IT security and risk management; healthcare consulting; physician compensation; litigation support; transaction advisory services, business valuations; and mergers and acquisitions. LBMC and the LBMC Family of Companies has more than 500 employees, with offices in Chattanooga, Nashville (Brentwood), and Knoxville, TN. For more information on LBMC, visit its web site at www.lbmc.com.
