What Services are Provided through a PEO Company?
A PEO provides workers' compensation insurance, payroll services, HR administration, risk management and access to group benefits. More benefits Include:
- Big workers' comp savings, with no audits and no down payments.
- Annual payroll administration, including direct deposit, pay cards, wage garnishments and tailored reports.
- Access to group healthcare, vision, dental, even 401k savings plans.
- Complete HR administration, including unemployment claims assistance as well as safety and policy handbooks.
Why Use a PEO?
You started your business to do something you love, not deal with the headaches of employment related paperwork. Most employers don't have the necessary training in benefits, payroll, accounting, insurance and compliance to keep their business running efficiently. PEOs manage these issues, so you can focus on business growth and opportunity.
How Does an Arkansas PEO Arrangement Work?
Your company enters into a co-employment relationship with a PEO. In this arrangement, you transfer a substantial portion of the liabilities 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. Your company continues to retain day-to-day control and direction of your employees.
PEO Workers' Comp Advantages
For some businesses, the rising costs of workers' compensation insurance is their biggest expense. A PEO employee leasing company can save employers up to 40% off Arkansas state rates. There are no down payments or state fees and never any year end audits. The PEO provides any certificates of insurance that are needed.
Why Choose ELQ?
We've been in business since 2001 and understand the differences in PEO providers and how they work. Not every one can provide the services and programs your unique business needs. Employee Leasing Quotes saves you the time and energy from interviewing multiple companies, to access the one that benefits your business the most .
We've vetted and done the research on hundreds of PEO companies from around the country. You'll feel confident knowing you're working with the best PEO for your Arkansas business, at the best possible price.
Getting started is easy. Just give us a call or fill out our simple quote request form and we'll get to work.
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