What is an Arizona PEO?
A PEO company takes the responsibilities of payroll, HR, risk management and more off the business owner's shoulders so he/she can focus on growing profits and expanding business opportunities. Plus, PEOs also offer smaller businesses the opportunity to attract more talented employees with access to employee benefits plans and other perks they may not otherwise be able to afford.
What are the Benefits of Using a PEO?
When you outsource with a PEO, you immediately gain relief from the burdens of employment paperwork, liabilities and responsibilities. The PEO arrangement keeps you updated on governmental compliance issues so you can focus on running your business.
Other PEO Advantages Include:
- Payroll services with direct deposit, check printing, federal and state filings and more
- Workers' compensation insurance with no audits and no money down
- Unemployment claims administration
- Risk management
- HR professional help, including safety and regulatory compliance
How Does a PEO Work in Arizona?
When you partner with a PEO, you enter into what is called a co-employment relationship. With this arrangement, you transfer a substantial portion of the risk and responsibilities associated with employees to the PEO. This includes handling of wage and employment taxes, responsibilities of reporting, collecting and depositing state and federal taxes, and workers' compensation coverage and claims management.
Do PEOs Lower Arizona Work Comp Rates?
Absolutely! An Arizona employer can often see discounts on their workers' compensation insurance rates at up to 40% off state rates. PEOs provide timely certificates of insurance with no down payments or policy fees. Plus, you'll never have to deal with another audit. How much you save depends on your current situation, so call us today for a free cost analysis.
Why Choose ELQ?
We've been in the PEO employee leasing industry since 2001. We'll be your best resource to provide a PEO that can best help your unique situation. PEOs are different in their industry likes, services and pricing - and we save you the time and effort required to interview multiple providers. Plus, our negotiation and leverage in the industry ensures you'll get the BEST pricing. Call us today for more information on how much you can save with an Arizona PEO solution.
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