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Are there any fees involved?
How does an Employee Leasing arrangement work?
How would using an Employee Leasing Company/ PEO benefit me?
Why should I use an Employee Leasing Company/ PEO?
Can I really save money by outsourcing?
Will I lose control of my business?
How will this benefit my employees?
Who is responsible for taxes and wages?
Are there any fees involved?
No, submitting a quote request is 100% free. You are under no obligation even after we have retrieved quotes for your company.
How does an Employee Leasing arrangement work?
Once a business contracts with an Employee Leasing Company/ PEO, the two enter into a “co-employment” relationship with the business' worksite employees. The Employee Leasing Company and client share responsibilities and liabilities. The PEO assumes responsibility and liability for risk management, personnel management, human resource compliance and payroll & employee tax compliance. The client company manages product development and production, marketing, sales and service. Essentially, the PEO manages the business of employees, while the client runs their business and their employees’ specific job functions. The PEO establishes an employment relationship with the worksite employee and provides a complete human resource and employee benefit package.
How would using an Employee Leasing Company/ PEO benefit me?
Business owners can take advantage of many benefits, including:
•Significant cost savings on workers' compensation and state unemployment tax;
•Reductions in accounting & payroll costs, allowing you to devote more time to growing and managing your core business;
•Time savings due to compliance with increasingly numerous and complex federal, state and local employment and payroll tax laws and regulations;
•Reductions in employment-related liabilities;
•Better insurance and retirement benefits to employees, often at less cost;
•Secured workers’ compensation insurance and professional risk management services;
•Access to an HR Professional who can provide resources and services;
•No unemployment claims to process;
•No workers’ compensation claims to process.
Why should I use an Employee Leasing Company/ PEO?
Small business owners want to focus their time and energy on the "business of their business" and not on the "business of employment". As companies grow, most business owners don't have the necessary human resource training, payroll and accounting skills, knowledge of regulatory compliance, or backgrounds in risk management, insurance and employee benefit programs to meet the demands of being an employer. In addition, Employee Leasing Companies give small to mid-size businesses access to many benefits and employment services that they would not have had otherwise.
Can I really save money by outsourcing?
Yes! There is no doubt that an Employee Leasing Company can save your business time and money. The Employee Leasing Company will allow you to spend time building and growing your business. How much your company saves depends on your current situation.
Will I lose control of my business?
No! As a co-employer, the Employee Leasing Company/ PEO becomes a partner in the employment of your workers. The Employee Leasing Company either shares or assumes employer responsibilities and liabilities. Those responsibilities include payroll and employment taxes, maintaining employee records, risk management, human resource compliance and personnel management. By partnering with an Employee Leasing Company, you give up the time-consuming administrative tasks and have more time to concentrate on making your business more profitable.
How will this benefit my employees?
There are many benefits to your employees, including:
•Professional claims management services for injured employees;
•Better insurance and retirement benefits, often at less cost;
•Special rates with local credit unions;
•Discount tickets for theme parks and entertainment;
•Free Direct Deposit service;
•Acess to Debit Paycards
Who is responsible for taxes and wages?
The Employee Leasing Company/ PEO assumes responsibility and liability for payment of wages and all federal, state and local regulatory reporting- including unemployment taxes.
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