Jun 30 2009
If you have questions regarding employee leasing/ PEO services, beginning June 29th I’ll be available online at www.skype.com - Mondays, Wednesdays and Fridays from 3-5 p.m. I can found in the skype directory– under Mike.Burgelin. It’s fast, free and easy to connect.
www.EmployeeLeasingQuotes.com
Jun 25 2009
Of the numerous industries we provide PEO services to, the arborist (or tree service) business may be the industry that benefits the most. Why?
The stereotype regarding tree service companies is that of a bunch a guys running around without an office- uninsured, working out of their trucks. And reality is, for the most part that’s true! But states and insurance companies make it almost impossible for arborists to get started legally and grow a thriving business.
For starters, there are few traditional insurance companies that provide workers’ compensation for arborists. Those that do want only the very large, established companies with a great safety record (wouldn’t it be nice if we ALL got to cherry pick our customers!). Until employee leasing services, smaller or new tree service employers had one option- the state work comp program.
This meant filling out lots of paperwork and paying thousands of dollars up front just to get started. Then, because you have to use their services (since there are no other options) you’re charged a premium for that as well. Who can afford that?
Arborist and tree service companies have discovered employee leasing services to be the cost-effective solution for growth and profitability.
An arborist can save 15-40% on their work comp rates with employee leasing services and can start with as little as a few hundred dollars to $0 down- pay as you go.
Plus, the employee leasing company will manage the employer’s payroll- from providing employee checks to depositing all the payroll tax deposits. And you’ll never deal with audits, W-2’s or government payroll reports again.
If you haven’t looked into the benefits of employee leasing for your tree service business, call us today. You’ll be amazed at what you could be saving on workers’ compensation insurance and how much more of your profits you’ll keep.
Jun 15 2009
The best part of being a PEO broker is helping people find a solution that impacts their business and really makes a difference. Many of those moments happen when we’re able to rescue an employer from their state’s assigned risk pool. What’s a state assigned risk pool? While most employers are able to obtain workers’ compensation coverage through the voluntary market (meaning an insurer agrees to write the employer’s policy), there are many organizations that are not.
These companies may be in a high-risk industry, like a roofer or an arborist. Sometimes it’s related to a history of frequent or expensive work comp claims- or perhaps it’s just because a company is too new or too small to be a good risk. Since workers’ comp coverage is mandatory for almost all employers in every state but Texas - a market must exist to ensure coverage for employers unable to get access through the voluntary market. Therefore, state assigned risk pools were made available.
As you can imagine, any business involvement with government usually isn’t good. Many employers face work comp rates in excess of twice the amount of the going industry rate - just because they’re a new or small business. Plus, you can be asked for up to 90% of that up front!
We’ve recently helped tree service, roofing and staffing companies get out of these programs and into an employee leasing service. These employers have saved 33% as an average versus what they were paying for work comp through their states assigned risk pool. They’re also starting services with the employee leasing company from $0 to $500 down, pay-as-you go! I know there are thousands of companies out there that need this help to stay competitive - to just stay in business. We can help.
www.EmployeeLeasingQuotes.com
1-888-582-8388
Jun 10 2009
I recently had a conversation with an insurance agent who asked me to help a long time client out by connecting them with an employee leasing company. Of course I was glad to help but was immediately curious, why the breakup?
Turns out this employer specializes in mechanical services to sawmills across a number of states where jobs can last as little as a few days or as long as a few months. His insurance agent explained to me how it was driving the work comp carrier crazy trying to keep up with the auditing issues involved with this multi-state employer. And although he had been a great customer with a clean claims history, the work involved was taking out the profitability for the insurance carrier.
This client will benefit greatly from an employee leasing/PEO service that has a multi-state policy. He can call or email his payroll hours from anywhere on the road and have the employees paychecks delivered or direct deposited at his convenience. His payroll technician asks the state or states he was working in and automatically generates the correct rate to be used for work comp premiums. No audits, no forms to be filled out and no more hassles.
To see if we can help your business save time and hassles, call 1-888-582-8388 or visit our website at www.EmployeeLeasingQuotes.com.
Jun 04 2009
Maybe a hand full of times every year, I’m asked about the personal guaranty on an employee leasing contract. Why is it there and what’s the purpose?
The main purpose of this area of the contract has to do with payroll. Here’s the scenario: if Joe, the owner of ABC plumbing, calls the employee leasing company with his payroll for employees, then closes business the next day and takes off (without paying for his payroll)- the PEO is responsible for paying the employees who got ditched.
In other words, if incorporating can personally shield you from liability as a result of bad business practices, this section can strip that away, and in this case- allow the PEO to go after Joe.
I’m not aware of any cases or issues that arise where the personal guaranty has purpose. If you know of any, write me a note. I would be interested in hearing about it.
Jun 02 2009
So what really is Human Resource work and how does it affect your business? A good summary defined by Wikipedia is this: Human Resource management’s objective is to maximize the return on investment from the organization’s human capital and minimize financial risk. Access to expert human resource advice is how you’ll keep your business clean, efficient and always competitive!
1. Would expert advice on proper hire and termination techniques be valuable to you?
A Professional Employer Organization can give you professional advice and information to help you avoid costly turnover.
2. Have you ever been frustrated with an unemployment claim or appeal?
The PEO will communicate with the unemployment department regarding claims.
3. Are you in compliance with EEOC, ADA, FMLA, DOL and all the other state and federal laws?
A PEO service will keep your company in compliance.
4. Are you concerned about Social Security and I-9 verification fines?
Not properly verifying this information costs employers millions in fines and administrative headaches yearly.
5. Does each employee have an updated drug and alcohol abuse policy?
Many PEOs can tailor company handbooks for your employees including drug and alcohol policies.
6. Are you concerned about workplace lawsuits (age, racial, disability discrimination) and government regulations?
Many PEOs provide employers practice liability insurance (EPLI). These lawsuits on average cost employers over $250,000.
This completes the 4 core services that a PEO provides but there’s so much more that you can benefit from. If you have more questions call us - our information is free and helpful. We can be reached at 1-888-582-8388.
www.EmployeeLeasingQuotes.com
Jun 02 2009
Maybe a hand full of times each year I’m asked about the personal guaranty on an employee leasing contract. Why is it there and what’s the purpose?
The main purpose of this area in the contract has to do with payroll. Here’s the scenario: If Joe, the owner of ABC Plumbing, calls in hours for payroll on his employees, then closes the business the next day and takes off – the PEO is responsible for paying the employees who got ditched.
So, if incorporating can shield you personally from liability as a result of bad business practices – this section can strip that privilege away and in this case allow the PEO to go after Joe personally. I’m not aware of any other cases or regular issues that arise where the personal guaranty has been used. If you know, write me a note - I would be interested in hearing about it.