Why use a PEO service?
A Virginia PEO will manage many of your employment administrative functions, so you can focus on customers and growth. From hiring to retiring, PEO services allow you outsource many of the time consuming tasks that drive zero revenue to your bottom line. From payroll, tax reporting, workplace safety and benefits management, lowering liabilities and increasing productivity are why more businesses chose a PEO company to partner with.
PEO advantages include:
Big discounts on Virginia workers' compensation rates, with a pay-as-you-go plan and no audits!
Payroll management that provides tax reporting, direct deposit, reports, deductions and relief from liabilities.
Access to a team of human resource professionals that handle unemployment claims, labor law compliance and more.
Affordable employee benefits, from group healthcare, supplemental insurance, dental, vision and 401k savings plans.
How does a PEO arrangement work?
Started and still known widely as Employee Leasing, a PEO serves as the administrative arm - or back office partner for your Virginia operations. Eliminating the hassles of employment compliance paperwork, timely reporting of taxes and endless HR responsibilities - PEOs give you the freedom and time for sales, service and growth of your business.
How can you save money with a PEO company?
While time is the largest cost savings, there are a number of ways that employee leasing will put money back into your business. For starters, the average savings on Virginia work comp premiums is almost 20% on a PEOs master work comp policy without down payments, or policy fees. Many providers offer discounted state unemployment rates (suta), saving employers thousands of dollars in taxes. Zero setup fees on company 401k plans, benefits reporting, safety meetings and much more make utilizing a PEO a bargain.
Why choose Employee Leasing Quotes?
As a nationwide PEO brokerage since 2001, we've done the vetting for you, visiting and communicating with hundreds of leasing companies and HR outsourcing services each year. Understanding their differences in pricing, services and benefits is how we help our customers connect with the RIGHT partner. Give us a call, ask questions and find out how your Virginia operations will benefit.