Paychex PEO: The Right Dosage of HR, Payroll, and Compliance
Pharmacists Nihar and Kirti Mandavia had a dream of opening up their own pharmacy and when they purchased an existing one, they soon discovered the many aspects of business know-how they needed to keep it running smoothly.
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Challenge
Businesses struggle to keep up with the numerous regulations in California. Pharmacists Nihar and Kirti Mandavia wanted to ensure when they became owners of The Druggist that they mitigated any potential missteps and took care of their compliance obligations. They also wanted to create a workplace that could compete with larger operations for talent. That required HR support.
How Paychex Helped
Paychex representatives had been in contact with Nihar and Kirti as they worked through an archaic payroll process and the usual struggles encountered by all business owners: staffing. The Mandavias decided to go with Paychex PEO, which brought with it payroll and HR, along with the option of adding a retirement plan for employees, self-service options, and more.
Success Strategy
Relieved of the burden of tracking regulations that impact compliance and better positioned to compete for and keep top talent, the Mandavias said they have more time now to focus on their customers and customer service, more time to create a workplace that motivates employees to succeed, and more time to help the business grow.
“With Paychex taking care of the HR side of the business, my wife and I can focus on growing the business, being profitable, taking care of the employees, and taking care of the customers," says Nihar. "To me, the Paychex impact has been tremendous.”
How Can a PEO Help Power Your HR Success?