The same costs you currently have – just less!

A PEO company's average administrative ​rate ​is between 2-4% of annual payroll. Consider how that estimate relates to your business. Is it possible to find ​a professional to manage all payroll- related ​administration throughout the year for that cost- not including the costs of check stock, payroll programs, annual upgrades and other related expenses?

​Plus​, ​that person​ would need to​ be a certified risk manager, able to review your safety manual, help identify ​potential​ workplace hazards​ and provide training material.

​They ​would ​also need to be​ a licensed HR expert, able to minimize your employment liabilities, assist with hiring/firing procedures, wage and hour laws, employee training, performance reviews, new hire reporting and more.

As you can see, there's incredible​ value ​in a PEO service when it comes to administrative costs. Plus, PEO providers can secure workers' compensation insurance coverage at a lower cost than you could on your own. Below are the 5 ​standard ​employment cost factors proposed from a PEO-​ the same as you currently have. Call ​and get PEO costs and information for your business and start saving today.

FICA

Federal Insurance Contributions Act is a Federal payroll tax imposed on both employees and employers to fund Social Security and Medicare.

FUTA

The Federal Unemployment Tax Act tax is a payroll or employment tax paid solely by the employer.

SUTA

The State Unemployment Tax Act is also a payroll tax paid by the employer and set by each state.

Work Comp
Rate

Insurance providing wage replacement and medical benefits to employees injured in the course of employment.

Payroll/HR

Accurate and timely payment of wages along with dozens of other responsibilities.