Why Use A PEO?
Imagine reducing your Tennessee workers' comp insurance rates by as much as 40%, gaining access to big company benefit plans and unloading tedious payroll management tasks for less than you can do on your own. An employee leasing solution through a PEO company can do just that - and has for almost 40 years now!
PEO services are a booming business, because they reduce employment–related costs and give you more time to work on things that really matter, like growing your business. Reduce liabilities and stop wasting time on dealing with administrative paperwork that's driving zero income into your business.
How Does A PEO Relationship Work?
Simple. The PEO service becomes the back office help for your Tennessee operations. Payroll management, tax reporting, workplace safety, benefits administration and many other employment issues are outsourced for much less than in-house costs. As the employer, you continue to run the day to day operations as usual - but with more time to focus on growth.
How Much Do PEO Services Cost?
Most PEO companies base their administrative charges on the clients gross annual payroll and that fee averages between 2-4%. Outside of this management fee, some may offer more robust benefits such as, background checks, life insurance, employee counseling services and much more. Some include these benefits in your administrative fee, while others charge as a la carte and that's where we can help.
Because we've done the research and vetting on hundreds of PEOs since 2001, so you don't have to! Plus, thousands of others have and you'll know within minutes how a PEO service could impact your Tennessee business. With hundreds of PEO, HR and ASO options to consider - there may be only one that can impact your operations where you need it most.
Looking to build a better employee benefits package? We can help. Are workers' comp costs affecting profit margins? We can help. Give us a call and let's find out how a PEO could benefit your business.
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