Do you charge a fee for obtaining Employee Leasing Quotes for my business?
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 Employee Leasing services benefit my employees?
Who is responsible for taxes and wages?
Do you charge a fee for obtaining Employee Leasing Quotes for my business?
No, submitting a quote request is 100% free. You are under no obligation even after we have retrieved employee leasing quotes for your company.
How does an Employee Leasing arrangement work?
Once a business contracts with an Employee Leasing Company or PEO service, 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 complete payroll administration. The client company manages product development and production, marketing, sales and service. Essentially, the PEO provider manages the business of employees, while the client runs their business and their employees’ specific job functions.
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 rates and state unemployment tax;
• Reductions in accounting & payroll costs, allowing you to devote more time to growing and managing your core business;
• Decreasing labor related risks. Governmental compliance issues with increasing complex federal, state and local employment payroll tax laws and regulations;
• Reductions in employment-related liabilities;
• Better insurance and retirement benefits to employees, often at reduced cost;
• Secured workers’ compensation insurance and professional risk management services;
• Access to an HR Professionals who can provide resources and services;
• Complete unemployment claims management;
• Workers’ compensation claims administration and review.
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 time or necessary human resource training, payroll and accounting skills, knowledge of regulatory compliance, or background in risk management to meet the demands of being an employer. In addition, employee leasing companies give small to mid-size business owners access to 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 or professional employer organization can save you time and reduce your employee related costs. An employee leasing service 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! The employee leasing company 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 service, you’re delegating the time-consuming administrative tasks to concentrate on making your business more profitable.
How will Employee Leasing services benefit my employees?
There are many benefits to your employees, including:
• Professional claims management services for injured employees
• Cost competitive insurance and retirement benefits, similar to those of fortune 500 companies
• 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 or PEO provider assumes responsibility and liability for payment of wages and all federal, state and local regulatory reporting- including unemployment taxes.
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