Employee Leasing Quotes : PEO Blog

Need an example the impact employee leasing services can make? With one phone call from a small California business owner, employee leasing services will now have a dramatic affect on three business owners serving the San Jose market.

Last week a gentleman in the construction industry called me to inquiry about employee leasing services. His problem, he and other California employers took it on the chin again with another increase in workers’ compensation rates. As a small remodeler in a tough economy and one of the most trying states just to stay in business, his employee related costs have been soaring. Within two days, we provided him with an employee leasing solution that would cut his work comp insurance costs by almost 35%. Not only was he quick to get started, he was so grateful that he referred two other small business owners who were suffering from the same problems – and yes, I was a happy man!

This is one of those win, win and win situations. We helped him, he helped us and the customers he provides services to are more than likely able to benefit from his lower costs of doing business.

Mike Burgelin
1-888-582-8388
www.EmployeeLeasingQuotes.com

It’s been almost 30 years ago now that employee leasing services also known now as Professional Employer Organizations or PEOs were revolutionized to transform the way businesses operate. In short, the basic problem and solution was that you start a business in order to sell a product or provide a service in hopes of generating revenue. Then you quickly discover the necessary but time-consuming issues of payroll administration, employee and workers’ compensation insurances, personnel management and governmental compliance issues. All non-income producing work that prevent a business from maximizing profitability!

An employee leasing service eliminates these problems while providing powerful business benefits!

Employee leasing services process and deliver payroll to your office, they assume liability of all your state and federal payroll tax deposits, submit quarterly and year-end reports, even mail out W-2s and wage garnishments - all for less money than you can typically do on your own!

Workers’ compensation insurance benefits include big discounts (up to 30%) compared to traditional carriers and the state fund. You’ll also have the advantage of a zero down, pay-as-you-go policy that eliminates the hassles of time consuming audits.

Plus, you become part of a large buying group that gives you access to big company benefits at reduced rates. While there are many more advantages of using employee leasing services, cutting employee related expenses, while giving you the freedom and time to generate income for your company are the core benefits of a PEO.

The idea and concept seem simple and make sense in today’s business environment as we’ve become accustomed to outsourcing more services that add nothing to the bottom line. Think about it, business owners now regularly lease or outsource things such as tools, equipment, office furniture, copiers and printers – even labor.

Over the last thirty years these opportunities have continued to multiple as our time holds more value and the benefits just make sense. There’s a reason why employee leasing services continue to experience double –digit growth each year. Similar to paying our bills online or combining phone, cable and internet providers for one easy check to write, are you ready to investigate the advantages an employee leasing service may have on your business?

Mike Burgelin
1-888-582-8388
www.EmployeeLeasingQuotes.com

Today was one of those days I wish I had a tape recorder to play to every employer who contacts us regarding interest employee leasing services. It was just about a month ago that we placed a restaurant owner with an employee leasing company. His business is in Tennessee and he originally contacted us through a mutual friend who owns a restaurant in Florida.

A month ago, the initial conversation went something like this: “I’m working 14 hours a day, doing almost everything you can imagine has to be done to run a restaurant and then dealing payroll for about 4 hours on Sunday – my day off! I was told employee leasing services can help me out?” After our conversation and about two weeks later, the employer kicked off the New Year with an employee leasing company.

When we spoke today, he couldn’t believe the difference it had made in his life! With time clocks integrated with the payroll department, along with his insurances all automatically deducted – he “couldn’t believe the difference it made in his week.” Plus, he was actually saving a few bucks as well.
Most business owners in the restaurant and hospitality industry can identify with this story which explains the continued increase and interest in employee leasing services. I love this industry because it just makes sense!

Mike Burgelin
1-888-582-8388
www.Employee LeasingQuotes.com

1. Time Savings: The most unexpected surprise any new business owner encounters when cutting the ribbon on their new found venture is the internal work that goes into running their business. Insurances, payroll, employee management take up a tremendous amount of time (up to 40% - small business administration) while producing absolutely zero revenue for the business. An Employee Leasing or Professional Employer Organization (PEO) will streamline all of these tasks, allowing you to focus on customers, marketing, training, receivables and many more income producing tasks. 

2. Workers’ Compensation Savings: In many industries, workers’ compensation insurance can be the most expensive part of running of business. Imagine if your work comp costs were ten, twenty or thirty percent less? How much for profitable and competitive would you be? Employee leasing services provide discounts unavailable through traditional insurance carriers, without big deposits, state fees and you’ll never hear the work “audit”!

3. Healthcare Savings: Small business owners experience the frustration of huge yearly healthcare increases as an annual event. Many jump from one plan to other as a result wasting days, even months of shopping and enrollments. By combining your group with hundreds of other small businesses through a PEO service, claims are diluted, providing you with more consistent costs and less time wasted. Employee leasing companies provide a toll free hotline for employees to ask questions, feel educated and most importantly - get help when they need it.

4. Payroll Management: Sure, it’s not rocket science, but payroll is tedious work and you can’t afford mistakes. There’s a reason why 1 in 3 businesses are penalized every year by the IRS. Add the time and money wasted on purchasing checks, envelopes, ink, payroll programs (that require frequent updates) and other material – employee leasing services take all the headaches away! An employee leasing company is responsible for all of your payroll tax liabilities and wage garnishments, while providing custom reports, free direct deposit or debit cards, even certified payrolls.

5. Human Resource Management: Who starts a business with prior human resource management experience? Not many. A simple definition of human resource management by wikipedia is “employing people, developing their resources, utilizing, maintaining and compensating their services in tune with the job and organizational requirement”. A PEO provides a business owner with powerful services and information that help you maximize your investment on employees.

1-888-582-8388
www.EmployeeLeasingQuotes.com

Wow, did 2009 fly by and I want to personally thank all of those who were a part of our most successful year ever! December was a record setting month for www.EmployeeLeasingQuotes.com with 19 new employers who will be experiencing employee leasing services for the first time in 2010. Our new and established clients along with our employee leasing/PEO providers continue to help us grow and reach higher goals each year.

Thank you all,

Mike Burgelin