How Can Employee Leasing Help?
A Maine employee leasing company, or PEO (Professional Employer Organization) will give you peace of mind, knowing that your payroll is being processed accurately, your employees have access to affordable benefits and your business is complying with federal and state employment-related laws. PEOs have been around for almost 40 years now and have experienced double-digit growth over the last 15 years. Maine employers look to these HR outsourcing services for many reasons including:
- Pay-as-you-go, discounted Maine workers' compensation insurance, with no upfront deposits or audits!
- Complete payroll services including, W-2 processing, quarterly and annual and tax filings, free direct deposit, wage garnishments and more.
- Human resource help when you need, without the cost of hiring. Employment screenings, unemployment claims assistance, safety and job performance manuals.
How Does a PEO Work?
When working with a PEO service, your company enters into a shared or co-employment relationship. The PEO becomes the “Employer of Record" and is responsible for workers' compensation, payroll and payroll tax compliance, employee benefits, unemployment claims, and other human resource-related administrative tasks.
You maintain direct control of the day-to-day activities of your employees, while the employee leasing provider manages many employer-related administrative tasks. All of these preventative measures make it far less likely you will ever have to face an employee lawsuit, or that you will ever have to pay fees for failing to adhere to government compliance regulations.
Maine PEO Workers' Comp Advantages
PEOs have many benefits, but one of the biggest lies in their workers' compensation insurance coverage for their clients. When you use a PEOs master work comp policy, you can access immediate discounts and eliminate down payments and state fees. Even employers with high experience ratings (xmods) can see big savings.
Why choose Employee Leasing Quotes?
Just as your Maine operation is unique to any other, each PEO company differs as well. They specialize in different work industries and states. They offer different services, benefits and costs. Let our knowledge and buying power in the HR outsourcing market work to your advantage. You'll get the services you need to make an impact on your business, at the best possible price - we guarantee it! Give us a call and get answers to your questions, we're here to help.