Another insurance hack for community bankers: The PEO option.
As the race toward the end of open enrollment for health insurance continues, we've been hearing from entrepreneurs who are trying to avoid high costs and get better coverage by setting up insurance via a Professional Employer Organization (PEO).
A PEO typically also offers things like commuter benefits, 401(k), disability, Health Savings Accounts, life insurance and so on -- options you might have received with a major employer with a full human resources department. Basically you're hiring H.R. when you hire a PEO.
You'll Gain Access To:
Professional Employer Organizations, or PEOs, enable their clients to cost-effectively outsource the functions listed below. Partnering with a PEO allows you to focus on your core competencies instead of HR administrative tasks!
You'lll gain full access to our certified experts!
Hear What Others Are Saying:
“Community bankers get pulled in so many directions, but LandrumHR lets me worry about one less thing: Human resources. I know that all of our HR needs are being met by highly qualified and caring professionals so that my team and I can focus on being the best bankers for our clients. And, if we need anything beyond the routine services, LandrumHR’s team of experts is there to walk us through the process. I’ve worked with LandrumHR for over 15 years and look forward to many more years with them.”
-Jim Esry, President and CEO of Lafayette State Bank
“We have worked with LandrumHR for many years for our staffing needs. They have always been very attentive with our staffing needs, and we feel that we have a great team in place providing good customer service to our customers. They keep us compliant with all of the latest employment regulations. They have been a great partner through the years.”
-Donna Mair, President of Bank of the South
Curious if HR Outsourcing is right for your bank?
Contact LandrumHR to learn more about how a Professional Employer Organization (PEO) can help you to focus on your businesses growth.