What Is a South Dakota PEO Service?
A PEO, also known as an employee leasing company - offers cost-effective payroll services, savings on South Dakota workers' comp rates and access to great group benefits. Outsourcing non-revenue related tasks, provides more time to focus on business and employee growth. PEOs also offer expanded services like time and attendance, recruiting, employee training, performance management and more.
South Dakota PEO Service Benefits
Professional employer organizations offer Fortune 500 benefits with competitive rates that are accessible for big and small companies. Human resource professionals reduce many employment liabilities by providing assistance with safety and employee handbooks, along with proper hiring and employment procedures. Outsourcing through an South Dakota PEO provider even manages tasks such as PTO tracking, wage garnishments, multi-state reporting and ACA compliance.
PEO Workers' Comp Advantages
PEOs co-employ thousands of businesses and their employees, so their power in work comp premium provides huge savings up front. This allows South Dakota employers to take advantage of savings which are usually available only to those who qualify for larger group discounts.
You'll also save long term with effective risk management and the PEO's pay-as-you-go program helps employers avoid down payments and policy fees. Plus, outsourcing payroll allows for a perfect audit each pay period, eliminating time consuming surprises.
What Type of Businesses Use A PEO?
With over 900 PEO providers in the US, serving hundreds of unique industries - any business can find value in a PEO services. Currently, PEOs work with between 156,000 and 180,000 small and mid-size businesses, employing between 2.7 and 3.4 million people.
Best South Dakota PEO Service Providers
If you're ready to experience the competitive edge that these programs can offer your South Dakota business, we're here to help. We work with licensed and carefully vetted PEO companies from around the country. Our industry experience gives us the knowledge to access the best provider to help grow your business.
Every PEO and every business working with a PEO is different. ELQ ‘s expertise ensures your South Dakota business is matched with the right PEO. ELQ has been researching and vetting hundreds of PEO providers since 2001, so you don't have to! Professional employee organizations differ in their industry preferences, employee sizes, benefits, services and of course costs. 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.
Your business is unique to any other. ELQ understands each business has specific needs and requirements that need to be met. Whether you work in construction and need relief from high South Dakota workers compensation rates, or run a physicians practice where employee benefit help is essential, ELQ can help. We know the PEO market and how to help your operations save time and money. Call, or Request an South Dakota PEO quote today!