How PEOs Shape a Work Culture with High Employee Retention

PRemployer on March 12, 2024

How to improve work culture

Over the past five years, workers all over the world have been reevaluating their needs – and implementing massive changes.

From the major shift to flexible hours to a closer look at health benefits, employees are making new choices. Meanwhile, HR teams are trying hard to adjust without losing the opportunity to hire top talent.

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A positive work culture is one of the major building blocks of employee satisfaction. The focus on its improvement can ensure higher retention rates.

In this post, we’ll discuss how PEOs can help improve work culture and streamline business functions to make your team more productive and cohesive.

How PEOs Help Improve Your Work Culture

Work culture improvement tactics aren't always obvious. They require a comprehensive approach coupled with experience. Professional employer organizations (PEOs) provide companies with critical HR support. They can help your HR specialists gain better insights into the team's needs and work on creating a work culture that nurtures productivity.

Supporting Your HR Team

According to a recent survey, around 95% of HR leaders are overwhelmed. The amount of work HR teams must deal with seems to grow exponentially, which hurts your internal team's ability to handle the work culture.

HR specialists are busy with payroll processing, benefits administration, recruitment tactics, and many other activities. A PEO can take over the essential administrative tasks to help them free up their time to focus on stuff and resolve issues with your company culture.

With PEO experts dealing with time-consuming functions, your HR team members can feel less stressed and spend more time on employees' needs. Your HR team is responsible for setting the tone and helping employees feel supported – but if they don’t have support themselves, how can they set a positive example for your people? Helping them feel better will improve the work culture by giving them more capacity to make others feel heard and supported.

Establishing Work-Life Balance

Flexibility is one of the most important elements that workers demand from their employers. Today, five out of ten employees work in an environment where remote work is possible. They expect employers to accommodate their wish to improve work-life balance.

Many companies don't invest enough time and resources into helping employees succeed in a hybrid environment, which, in turn, leads to frustration, burnout, and turnover.

A PEO can help HR specialists work out policies that support work-life balance. That will lead to an increase in employee satisfaction rates and contribute to creating a healthier work environment, which is highly attractive to new talent.  

A work culture based on work-life balance can reduce the number of sick days, improve productivity, and encourage a healthier lifestyle.

Encouraging Collaboration Conducive

With the prevalence of hybrid and fully remote work, many companies find themselves facing collaboration issues. Since teams are no longer communicating person-to-person five days a week, HR teams must come up with new ways to ensure effective team building.

That requires a brand-new approach to open communication with the assistance of technologies. However, some HR teams don't have the experience and the software needed to make this shift.

A professional employer organization can share its experience with your internal team. These experts can help you implement open communication platforms and design a new approach to team building.

Since the world of collaboration is changing rapidly, you can benefit from an expert's opinion to help keep your team together.

Implementing Training Programs

Today, 84% of employees want the employer to invest in their professional development. However, many leaders don't understand the utter importance of creating a culture of continuous learning.

Employees who take advantage of training opportunities don't just gain new skills. They use them to improve the company's bottom line. Meanwhile, they become excellent candidates for internal promotions, which, in turn, saves money on recruitment and demonstrates dedication to your team.

PEOs have the capability to introduce comprehensive training programs. These programs can increase employee satisfaction, improve productivity, and help leaders shape a better company culture.

Enhancing Employee Benefits

The quality of employee benefits has a direct impact on the company culture. Employees who have access to high-quality benefits are more willing to remain with the company. Today’s most talented candidates believe benefits and perks can outweigh a high salary.

However, many companies, especially SMBs, don't have an opportunity to provide the desired level of benefits to their teams. That's where a PEO comes in.

Professional employer organizations put employees from all their clients into one pool. That allows them to gain access to higher-quality benefits, including health and retirement. They can also offer higher-quality wellness programs that contribute to a better work culture and improve employee performance.

Improving Your Work Culture with a PEO

The quality of your work culture depends on how much time and resources you can invest in shaping it. Since many HR teams are overwhelmed with other tasks and don't have the opportunity to focus on employees, culture often suffers.

A professional employer organization like PRemployer can take over administrative tasks, provide valuable advice, offer higher-tier benefits, and much more. This reliable HR outsourcing partner can help you reshape your work culture and get closer to becoming an employer of choice.

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