Why Use A PEO?
Professional Employer Organization (PEO) providers focus on everything that has to do with employment. North Charleston businesses use a PEO service to spend their time and resources on sales, service, and growth instead of being a “professional employer." From hiring and retiring, to risk management, payroll and employment HR issues - just a few of the many benefits include:
- Discounts on workers' compensation insurance rates, with no annual audits and no down payments
- Complete payroll administration, with tailored payroll reports, wage garnishments, direct deposits and more
- HR services that reduce your employment liabilities and aid in better employee, employer relationships
- Affordable group health, dental, vision insurance plans - even 401(k) options
How Much Do PEO Services Cost?
Average administrative costs run between 2-4% of your annual payroll. A bargain considering the National Chamber of Commerce states that small businesses can spend up to 30% of their time managing employment related work.
Plus, recent independent studies have shown businesses who utilize a PEO service are 50% less likely to go out of business, grow 10% faster and experience an average of 22% less employee turnover.
Do We Have to Use the PEO's Employee Benefits Plan?
The answer is no with most PEOs. If you have benefits in place, many times we’ll compare those against the PEO company’s plans to ensure you’re getting the best deal. If you choose to keep your current benefits, the PEO can pre-tax deduct those through payroll each pay period.
How We Help
Choosing a PEO service is a big decision and we treat it that way. We listen to your needs, ask questions, and create solutions that produce a positive impact on your operations. You'll save the time spent calling dozens of PEOs and filling out countless questionnaires, as we've done the vetting and research for you since 2001. Call us today to see how PEO services could benefit your North Charleston business.
