Why Use A PEO Service?
Those in the legal industry understand the value in limiting liability when possible. For almost 50 years now, employee leasing services - also known as PEOs (Professional Employer Organizations) have allowed employers to do just that. Outsourcing payroll and HR services to a PEO places the employer of record status on their shoulders in this "co-employment" relationship. Some of the other benefits in using a PEO company that specializes in law firms include:
- Affordable Fortune 500 benefits like group healthcare, vision, dental and 401(k) plans
- Complete payroll and tax filing services
- Pay as you go workers' compensation insurance with no audits
- One Easy Payment to Cover All Employee-Related Expenses
PEO Employee Benefit Offerings
With almost 100 PEO service providers throughout the country, each is unique in their benefit offerings and pricing. Based on popular and accessible networks, one PEO may provide Blue Cross Blue Shield healthcare plans, while another may utilize Aetna. Plan rates and deductible options will often vary dramatically as well, based on management of claims within the PEOs master health plan.
How Does a PEO Company Work?
The PEO simply becomes the administrative arm for your law firm, allowing you to unload a number of employment related tasks. Helping with proper hiring and termination processes, to payroll, tax reporting, safety, benefits administration and more. The right PEO service is all about giving you more time to build your business.
PEOs provide services to 175,000 small and mid-sized businesses, employing 3.7 million people. The industry has grown considerably in the past few decades, with more than 900 PEOs now in the U.S. alone. PEOs can benefit almost any industry, and work in almost every state.
Save Time and Money by Using a PEO Service
There are many benefits to using a PEO, but TIME is one of the biggest reasons business owners say they work with a PEO. Instead of being responsible for the growing list of governmental compliance demands, an employer can focus on growing their business, instead of the business of employment and spend more time improving employee performance.
Other PEO Advantages Include:
- Huge Savings on Workers' Compensation Insurance
- Unemployment Claims Management
- Staying up to date with California Employee Laws
- Complete HR Support
- Payroll Management
- No audits
- OSHA compliance
- Risk management and safety programs
Find Top PEO Companies Specializing in Attorneys
ELQ has been working and vetting PEOs since 2001. We have the experience that employers need to find the right fit for their businesses. We are the nation's premier PEO broker and take pride in saving you and your business time and money. Let us do the detailed work of matching you with your ideal PEO so you can do your best work.
Looking to build a better employee benefits package? We can help. Ready to outsource payroll liabilities? We have solutions. Give us a call or fill out our online form and let's find out how a PEO could benefit your business.