Employee Leasing Quotes : PEO Blog

The IRS plans to audit 6,000 companies over the next three years in a bid to crack down on companies that erroneously classify employees as independent contractors. I’ll be interested to see how this plays out - here’s the article: http://www.inc.com/news/articles/2010/02/cracking-down-on-contractors.html

Wow, is it crazy out there! I have no idea what’s driving all the dramatic health care increases lately, but it couldn’t come at a more difficult time for employers across the country and they’re scrabbling for quick solutions. Many of heard of Anthem’s Blue Cross increases but it doesn’t seem to stop there. Over the last month, I can’t remember a time that we’ve worked on more benefit driven needs for employee leasing services – and there are great opportunities for savings with a PEO or employee leasing provider!

Mike Burgelin
1-888-582-8388

The problem: A ten year-old staffing company in the hospitality industry that has eight separate work comp policies and unemployment rates for each state they provide services in. Their administrative and cost control issues include individual policy renewal dates each year, separate experience (emod) ratings on each policy and different state unemployment rates. They estimate spending 30 hours per week on payroll management, mailings, phone calls between states and insurers.

The solution: An employee leasing company with a multi-state policy. We were able to provide this staffing agency one policy for all the states they do business in – with no money down! Plus, they received discounted rates on their work comp insurance, savings on unemployment tax rates, no audits, no state forms to file, no deposits – no more hassles.

The staffing company’s existing payroll system was easily integrated with the employee leasing providers. With a supervisor at each location, they also choose remote payroll check printing saving money on overnight shipping and time when checks needed to be processed immediately. They estimated a savings of over $75,000 annually in insurance savings, but were even more excited about how this would help them grow even faster by reducing the time spent dealing with “garbage work, that was killing our productivity”.

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

As business owners continue to search for savings opportunities, we’ve noticed a big increase in remote check printing. With the average PEO delivery cost at about $20 bucks per payroll, the printers for producing payroll checks are roughly $300. That’s a significant annual savings.

Plus, employers can immediately cut holiday, bonus or termination checks and feel more in control of the process.

Mike Burgelin
www.EmployeeLeasingQuotes.com