Plumbing & HVAC Companies Flow & Grow Using PEO
Plumbers and HVAC technicians work hard to maintain our homes and businesses to assure we can safely live and work in a comfortwhile environment. The jobs they perform in the field can be very demanding, challenging, and sometimes dirty in addition in to the behind the scenes tasks the job entails can be equally difficult.
Why? Because on top of communicating with customers, handling after-hours emergencies, making calls, and drumming up new business, they also have to deal with the day-to-day aspects of running a business such as administrative work, discipline, HR, scheduling, and the oh so many other tasks that may arise that day.
“People in these industries are stretched pretty thin, especially now that we’re in the middle of a labor shortage,” said Patrick Moraites, a partner and vice president at Tampa-based Axis Group. “There just aren’t enough hours in the day to get everything done.”
Fortunately, there is help there for business owners in the plumbing and HVAC industry. Luckily it doesn’t come out of a pipe or box….it comes in the form of a PEO and their experienced business support services.
A PEO, or a Professional Employer Organization, is a single-source provider of integrated services that allows business owners to outsource many of their administrative functions. Additionally – and this is a big one, especially for new companies without an established history – PEOs can secure workers’ compensation coverage from A-rated carriers at reasonable rates. Plus, when business owners work with a PEO, there are no deposits or audits and the policies are pay-as-you-go which can make all the difference in terms of maintaining a positive cash flow.
What else can a PEO do for your plumbing or HVAC company? Here are just a few of the things they can help with:
- Payroll processing: Processing payroll is incredibly important – after all, no one wants to work for free – but it’s also extremely time consuming. By hiring a PEO, you can take the hassle of payroll off your plate entirely. Plus, the PEO can handle tax-related tasks to ensure that you’re in compliance with state and federal regulations.
- Human resources tasks: Hiring a dedicated HR professional can be cost prohibitive for many small businesses. However, by working with a PEO, you can enjoy all the benefits of having an HR person on your team. Whether it’s developing an employee handbook, conducting training sessions or simply handling onboarding and departures, a PEO can be a major help with all your human resources needs.
- Risk management: Plumbers and HVAC technicians work in tight spaces and the repetitive nature of their jobs can make them more prone to injuries. PEOs can help develop safety procedures and guidelines to reduce the risk of an employee getting hurt on the job, which will in turn keep insurance premiums low.
- Health insurance: Because PEOs are able to leverage economies of scale to obtain health insurance, they can give small businesses access to high-quality benefits that are typically only found at larger companies. By offering perks like these, plumbing and HVAC companies can better retain the employees they have while making themselves more attractive to new hires.
“If you’re in plumbing or HVAC, it’s definitely worth your time to look into a PEO,” Moraites said. “We regularly work with people in these industries and we’ve been able to find them some pretty incredible savings and put valuable time back on their calendars.”
If you want to keep your pipes clean and keep the air flowing. A PEO solution is the way for business onwers in the HVAC and Plumbing Industry by utilizing the Axis Group’s innovative PEO platform that connects business owners to solutions customized for their industry through the top PEO’s in the business, proven to help businesses to grow.
If you’re interested in finding out more about what a PEO can do for you, the team at Axis is standing by and ready to help. Contact us to set up a consultation.