How Can a PEO Help?
There are many benefits for employers looking to partner with a PEO. One of the biggest advantages is the time savings that business owners are able to achieve by outsourcing the headaches of payroll and HR management. When the PEO manages these tasks, employers are able to focus on building profits and expanding business opportunities.
Other PEO Benefits include:
Reduced Unemployment Tax Burdens: In some cases, PEOs can extend state unemployment tax rates (SUTA) that are lower than a client's business can get on their own.
Better Employee Benefits: PEOs makes it easy to attract and retain the best employees by providing your company with high quality, affordable employee benefits.
Lowered Costs: PEOs can typically save companies 15-40% on their workers' compensation insurance rates. Plus, with a PEO arrangement, workers' compensation premiums are collected with weekly or bi-weekly payroll payments, eliminating down payments and policy fees. Plus, you'll never experience an audit!
How Does a PEO Work?
When you work with a PEO, the PEO "co-employs" your worksite employees. In short, this means you and the PEO share certain employer responsibilities. The PEO eliminates your tax reporting liabilities, provides safety and tailored employment handbooks, along with access to HR professionals.
You retain responsibility for and manage day-to-day business operations, marketing, sales, and service. The biggest changes you'll notice are more time for profit producing ideas and lower employment related costs.
PEO Workers' Comp Advantages
One of the biggest reasons a business owner may use a PEO is to save money on workers' compensation insurance. Many employers find it to be one of the highest costs in running their business. A PEO's economy of scale enables their clients to lower their employment costs and increase their bottom line. Work comp through a PEO has many benefits, including:
- No Money Down
- No Audits
- Easy Certificates of Insurance
- OSHA Compliance
- Big Savings
- Risk Management and Safety Programs
- Return to Work Programs
Choosing a PEO employee leasing company is a big decision and we treat it that way. We're licensed agents with over 20 years of experience in the PEO industry.
We've done the research on hundreds of PEOs through the years - that's what we do! Each PEO has unique services, benefits and of course pricing. They have industry preferences, are licensed in different states and that's just a start of their differences.
As independent brokers, you'll get all your facts and questions answered up front. We eliminate the concerns, so you're comfortable with your decision. We take responsibility for the providers we recommend and hold them accountable for the promises they make.
Since 2001, we've saved employers millions of dollars in workers' comp and health insurance premiums. We maintain an A+ rating with the Better Business Bureau and our success stories page provides satisfied clients from across the country.
We're the only PEO brokerage service that guarantees your satisfaction. Call today and see how we can help your business.
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