How Can A PEO Help?
Imagine if all the hassles that come with employee administration were someone else's problem. If you're looking for ways to cut costs and increase profits for your Nevada business, a Professional Employer Organization (PEO) could be the answer.
The benefits of using a PEO, or employee leasing service - include huge savings on Nevada work comp rates, complete payroll management and access to great employee benefit programs. Outsourcing work that generates no revenue, gives you time to work on things that do – like interacting with clients and potential customers to grow your business!
How Does The PEO Relationship Work?
The PEO company becomes the employment administrative branch for your Nevada operations. Payroll, tax reporting, workplace safety, benefits administration and many other employee related issues are outsourced for much less than in-house costs. As the employer, you continue to run the day to day operations as usual - but now with more time to focus on growth.
How Much Do PEOs Cost?
Many PEO providers base their service charges on the clients gross annual payroll and that averages between 2-4%. Outside of this, some employee leasing programs offer more robust benefits such as, background checks, life insurance, employee counseling services and much more. Some include these benefits in your administrative fee, while others charge as a la carte.
PEO Workers' Comp Advantages
PEOs partner with thousands of businesses, so their power in work comp premium provides huge savings up front. This allows business owners to take advantage of immediate savings, while accessing effective risk management services. Additionally, the PEO's pay-as-you-go program helps employers avoid large down payments, with no premium audits.
We've been in the PEO industry since 2001 and are experts on HR outsourcing. Each provider is different, and offer varied benefits and options. Their pricing can differ dramatically. We work with you to learn your company's specific needs and connect you with the best PEO, employee leasing or even ASO solution. How your Nevada business will benefit and how much you'll save depends on your current situation, so call today and find out – we're here to help.