Retaining your best employees is essential to growing your business. But for many small to mid-size companies, employee satisfaction can be difficult to maintain. Benefits can be expensive. Recruiting can be competitive. HR teams are often stretched thin.
Professional Employer Organizations (PEOs) offer a way forward. They give growing businesses access to the kind of HR support and benefit packages that large corporations enjoy—without the large price tag.
The results are significant:
In this blog, we’ll look at why PEOs like LBMC Employment Partners make a meaningful difference in employee satisfaction, and how using a PEO can impact your bottom line.
The right HR strategy directly impacts employee happiness. Here are a few of the most important factors employees look for and how PEOs make them possible:
Employees want to know their hard work will pay off in the long run. Retirement planning is a key part of that. Yet, many small businesses struggle to offer competitive options.
NAPEO data shows that for companies with 10–49 employees, 52% of PEO users offer a retirement plan compared to just 23% of non-PEO businesses. Access to retirement plans makes employees feel more secure by signaling that their employer is invested in their future.
Health benefits remain a top priority for employees. In fact, 92% of workers say health benefits are important to them, according to a 2024 Employee Benefits Survey. When coverage is affordable and accessible, employees can focus on their work without the stress of medical costs or gaps in care. For many smaller companies, offering high-quality healthcare plans at competitive rates is nearly impossible without the collective buying power a PEO provides.
Job stability plays a major role in how satisfied employees feel. It’s not just about avoiding layoffs—it’s about believing the company is on solid ground.
NAPEO reports that businesses not using a PEO are 50% more likely to go out of business annually compared to similar PEO clients. That kind of stability matters. When employees know the organization is growing and thriving, they are more engaged and committed to the mission.
LBMC Employment Partners offers a PEO solution designed to help businesses meet these needs. We connect growing companies with competitive benefits, expert HR support, and the resources to keep employees happy and engaged.
Many small and mid-size organizations don’t have the resources to compete with larger employers on benefits. Our PEO levels the playing field. We help companies access best-in-class benefit packages at a cost that works for their budget. Our team also guides leaders as they choose the best options to create a strategy that will have the most impact on employee satisfaction and retention.
Employees value flexibility and choice. We help employers add options like short-term and long-term disability insurance, life insurance, and 401(k) plans. These can be fully voluntary or partially employer-sponsored. Ancillary benefits allow employees to plan for their personal and family needs with confidence. They also help employers stand out in a competitive talent market.
With LBMC EP, every client gets a dedicated HR specialist. That means employees have a direct contact for questions and support. It also means business leaders can focus on running the company instead of managing complex benefit administration. We handle enrollment, carrier requirements, renewals, and filing deadlines. The result is a seamless experience for both employers and employees.
Better benefits lead to happier teams. Happier teams lead to stronger businesses. Working with a PEO like LBMC Employment Partners makes both possible.
If you’re ready to see how better benefits and high-touch HR support can help your business grow, connect with our team today. We’ll help you explore whether a PEO is the right fit for your needs.