PEO Service Advantages
Warren employers know the benefits of using a PEO includes annual payroll services, savings on workers' compensation insurance, access to HR professionals and affordable employee health plans. Outsourcing work that doesn't make a dime, creates more time for work that does.
How Does The PEO Arrangement Work?
When partnering with an employee leasing/PEO company, you enter into a co-employment relationship. This means that the PEO assumes parts of your employer responsibilities, such as payroll processing and tax remittance, employee benefits administration, workers' comp and unemployment claims management to name a few.
You continue to maintain the day-to-day operations of your business, still in control of hiring, training and management of your employees. The only differences you'll notice are lower employment costs and more time to spend on things that really matter - like growing your business.
How Do We Get Payroll From The PEO Company?
Reporting your payroll wages for the pay period can be done by phone, email or in many cases through the PEOs secure online portal. There’s a number of options for receiving payroll including:
- Direct deposit or Mastercard pay cards (most popular).
- FedEx or courier delivery of checks.
- Remote check printing at your office.
How Many Businesses Use A PEO?
PEOs provide services to between 156,000 and 180,000 small and mid-size businesses, employing between 2.7 and 3.4 million people.
Give us a call, ask questions and get answers that make sense. We've done the vetting on hundreds of PEO companies from across the country since 2001, so you don't have to! With hundreds of PEO providers to consider - there may be only one that can impact your Warren operations where you need it most.
Looking to build a better employee benefits package? We can help. Are workers' comp insurance costs affecting margins? We can help there too. Give us a call and let's find out how a PEO could benefit your business.