PEO Benefits For Daycare Services.
For decades now, PEO and employee leasing providers have long been a powerful partner in the childcare industry. With long days and time being a premium for business owners who operate these services, just a few of the benefits include:
- Discounted workers' compensation rates with no audits.
- Complete payroll management that includes direct deposit, tax filings and unemployment claims management.
- Safety training and employee handbooks.
- Access to human resources professionals to help with employment related issues.
- Employee benefits that fit any budget.
How Does A PEO Work?
PEOs allow you to outsource all the time consuming, administrative work that comes with employment and drives zero income into your daycare operations. Imagine unloading the headaches of payroll, tax reporting, workers' comp and unemployment claims to name a few. Simply put, an employee leasing company becomes your back-office partner giving you more time focus on the things that really matter, like children, employees and growth.
On average, a PEO company specializing in the childcare industry typically charges 2% - 4% of your annual payroll. For example, if your annual payroll was $200k and the PEO service charge was 3% - that's $6k annually for all the services mentioned. These costs are well below the 9% -13% average as stated by the Small Business Administration for managing these tasks in house. While eliminating the purchase of check stock, envelopes, updating payroll tax software and so much more - giving you back more TIME is the biggest savings when partnering with an employee leasing provider.
How Can Employee Leasing Quotes Help?
As the nation's leading PEO brokerage since 2001, Employee Leasing Quotes is the easiest way to find the right company for you. With over 900 PEO, ASO and HR outsourcing companies to consider, there may be only a handful that work in the child daycare industry. So, whether it's savings on work comp insurance rates because of a few years of bad claims history, outsourcing payroll, or accessing employee benefits to keep key personnel - we can help. A short call understanding your needs and how these services could benefit your business, could save you thousands of dollars in insurance and time.