What Can a PEO Do for You?
- Big savings on Mississippi workers' compensation insurance, with no audits, no down payments and pay-as-you-go plans.
- Affordable rates for group health insurance, dental, vision, supplemental and savings plans.
- Payroll outsourcing including accurate and timely reporting, quarterly and year-end reports, wage garnishments and more.
- Access to a team of HR professionals to handle governmental compliance tasks, claims assistance, EPLI coverage and risk management.
How Does the PEO Relationship Work?
Simple, the PEO serves as the back office partner, managing employment administration tasks for your Mississippi business. Help from hiring to retirement, most business owners are overwhelmed with the amount of paperwork and mandated reporting that comes along with employment.
How Much Do PEOs Cost?
PEO pricing varies dramatically since each offers different services and benefits - and that's where we can help. While average administrative costs run between 2% - 4% of your annual payroll, other optional and ala carte costs that you may or may not need should be considered.
For example, some offer safety training, handbooks, employee drug testing, life insurance and even employee assistance programs (EAP) as part of their PEO service fees. Others may charge separately for these services.
Do PEOs Lower Work Comp Rates?
Absolutely! Unlike traditional work comp policies, a PEOs master workers' comp policy can provide immediate savings compared with current Mississippi rates. Even with bad claims history and a high experience rating, PEOs look deeper than just a few unfortunate incidents and evaluate the big picture.
Why Choose Us?
For 20 years, Mississippi employers have turned to ELQ to access their perfect PEO, employee leasing solution. As PEO brokers, we work and know hundreds of HR outsourcing providers. We've done the homework and the vetting. We understand each PEOs industry preference, minimum size requirements, services and benefits - and of course costs.
There may be only one that can deliver the greatest impact to your Mississippi operations, but you'll understand all the answers to your questions from an independent resource. Give us call for answers and help, to reduce business costs and gain time for growth.
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