Think of a Professional Employer Organization (PEO) as your off-site back office partner, providing payroll, workers' compensation insurance and professional HR for help with employment issues. PEOs are in demand because costs continue to soar, compliance with the Affordable Care Act has created concern and employee lawsuits are on the rise - employers need help!
PEOs assume tax and insurance liability on behalf of their client companies and help you navigate through many complex issues such ACA reform and regulations that affect day to day business operations. The Small Business Administration reports that business owners spend roughly 7% to 25% of his or her time managing employment paperwork. According to the study from 1995, the average cost per employee, per year, for companies employing less than 500 employees is $5,000.
Employee Leasing Quotes has helped thousands of business owners find the right employee leasing service since 2001. Each provider offers different advantages, solutions and of course pricing. Our industry knowledge as PEO brokers helps in finding you the right solution for your group. Give us a call and get answers that make sense, we're here to help.