Searching for a quick way to reduce employment costs on your New Mexico business? An employee leasing solution through our PEO programs can do that - and put more time back in your day. Just a few of the beneficial services a Professional Employer Organization (PEO) provide include:
- Savings on New Mexico workers' compensation insurance, with no annual audits and no money down, on a pay-as-you go plan.
- Reduced rates on group health insurance, dental, vision and supplemental plans.
- The ability to outsource the headaches of payroll, tax reporting, quarterly and year-end reports, wage garnishments and more.
- Human resource experts to help you manage employment issues and governmental compliance headaches.
How does the PEO relationship work? The PEO becomes the employment administrative partner for your New Mexico operations. Complete payroll services, tax reporting, employee benefits management and many other HR issues are outsourced for much less than in-house costs. As the employer, you continue to run the day to day operations, but with more time to focus on growth.
What do PEO services cost? For most PEOs, administrative charges are based on a clients gross annual payroll and that averages between 2-4%. For example, if your annual payroll was $350k and the PEO management fee was 2.5% - that's $8,750 for the year.
Save money, time and streamline! PEO services have experienced double-digit growth every year for over a decade now - because it makes good business sense. Employee Leasing Quotes makes it easy to find the right PEO for your New Mexico operations, at the right price - the first time around. Call, ask questions and get answers that make sense.