How Can A PEO Help?
If you haven't looked into the benefits of a PEO, you won't believe the impact these services can have on your New Hampshire operations. Just a few of the advantages include:
- Big savings on New Hampshire workers' compensation insurance rates, with no audits or down payments.
- Access to a team of HR professionals for assistance with employment verification, unemployment claims, risk management and more.
- Payroll outsourcing that includes payroll checks, direct deposit, employee garnishments and tax filings.
- Excellent group benefit plans at reduced rates, including healthcare, 401(k) savings plans and supplemental insurances.
How Does A PEO Relationship Work?
The PEO company becomes the employment administrative arm for your New Hampshire business. Payroll, tax reporting, benefits management, workplace safety and many other employee related issues are outsourced for much less than in-house costs. As the employer, you continue to run the day to day operations, but with more time to focus on sales, service and growth.
How Much Does A PEO Cost?
Most PEOs charge an administrative fee that averages between 2-4% of your annual payroll. Compared to in house costs of 8-15%, based on the Small Business Administration's (SBA) statistics - PEOs are a bargain!
Because each PEO provider is different, with unique service and benefit cost offerings. They specialize in different industries, employee size groups and are licensed in different states. We've done the background and research for you, for 20 years now!
For example, one may include background checks, or pre-hire drug testing in their management fee, while another charges on an a la carte basis. That's just one way we help you navigate through the process. Lower employment costs and liabilities, while gaining more time growth. Give us call. Since 2001, we've saved thousands of employers millions of dollars in taxes and insurance. We're here to help.
Manchester | Nashua | Concord | Derry Village