Employee Leasing Quotes : PEO Blog

What services do you need? “Picking the right PEO is of paramount importance,” says Sheridan. The PEO should be certified by the Employer Services Assurance Corporation, have experience in the client’s industry and cover that company’s territory, he says. Also bear in mind that some PEOs specialize in a Web-based high-tech approach, while others are focused on face-to-face support.

Remember — each PEO is different, and business owners would do well to read the fine print.

Read the full article here: http://businessonmain.msn.com/browseresources/articles/managingemployees.aspx?cp-documentid=25949577&source=msnmoney

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

Awesome start to June with four new businesses in four different states new to employee leasing services! It’s an easy decision when the costs and benefits sell themselves. Check out our June newsletter and have great weekend.

http://www.employeeleasingquotes.com/june-newsletter.html

Recently West Virginia opened up business for employee leasing services and we’re happy to announce our first success story - King Coal Trucking. While not knowing a lot about employee leasing services, by taking the time to investigate the benefits, they’ll now be saving almost 50% on their workers’ compensation costs annually. Plus, one of the time consuming frustrations of dealing with annual audits will no longer be an issue for this employer. Employee leasing services continue to grow rapidly - because they just make sense!

www.EmployeeLeasingQuotes.com

Workers’ Compensation Insurance Differences:

• Costs.
• States that each provider has coverage in.
• Rated and non – rated work comp carriers.
• Risk acceptance. Each company has dramatic differences in the industries they approve.
• The ability to approve high experience modifiers or a bad claims history.
• Some have per claim deductibles - others don’t.
• True risk management services or just a handbook?

Health Care Plan Differences:

• Costs.
• Blue Cross & Blue Shield, Aetna, Human, United Healthcare – which best fits your needs?
• Annual renewal history is critical, so you’re not shopping year after year.
• Deductible options, co-pays and plans.
• Will leasing provider apply credits to deductibles paid in if moving during the plan year?
• Management carve-outs, choice of plans for employees.
• Do you have employees in several states?
• Will provider show up for group enrollment or expect you to do the work?

Payroll Administration Differences:

• Costs.
• Per check charge or payroll driven percentage.
• Charges or no costs for: employee enrollment, garnishments, new hires, etc.
• Delivery costs can vary dramatically from $0 - $25 per payroll.
• Payment options: Automatic withdrawal (ACH), wire transfers, company check, cashiers’ check.
• Remote check printing options.
• Pay cards options.
• Secure, 24 hour online access to your company information.

Other Differentiating Services:

• 401(K) costs and annual fees. Some leasing companies actually contribute to your plan!
• Employer Practices Liability Insurance (EPLI). Charges and deductibles.
• Employee Assistance Programs (EAP). Very useful and powerful counseling and support programs provided at no cost through some providers.
• Long and short term disability insurance.
• Life insurance options.
• Multiple Dental & Vision plans.

How We Can Help

At Employee Leasing Quotes.com, our #1 goal is to make you the most
competitive business in your market by providing you with an employee leasing solution
that fits the needs of your business.

Each employee leasing company is different (just like your business), and unique in their offerings. Their workers’ compensation rates and employee benefit plans have very distinct differences in coverage and costs. Each employee leasing company will service different industries, markets and states. Providing an immediate impact that you’ll notice, in the specific areas of your business that require attention is how we can help.

With over 1000 professional employer organizations to choose from, we make it simple to bypass the research, appointments, sales interviews and follow-up phone calls associated with searching for a PEO organization who can deliver the benefits you need. For over a decade now, our experience working with PEO providers make it easy for you relax while multiple employee leasing services - compete for your business.

The Bottom Line
Employers have looked to us for HR outsourcing guidance for over 10 years. Join our list of success stories that have saved over $42 million dollars in health and workers’ compensation premiums and more importantly, taken control of their business. You’ll feel comfortable when you talk to us. We listen, ask questions and simplify the process. We’re here to help.

1-888-582-8388

www.EmployeeLeasingQuotes.com

I wish I had a list of every business out there who has been forced to get their workers’ compensation insurance through a state fund - or “pool” as otherwise known. Last week just completed service on a small masonry business out of North Carolina that has been getting drilled on their workers’ comp rates through the state fund, by saving them over 50% on their annual premiums.

We receive these calls fairly often because the costs through these pools just aren’t maintainable for a small business to be competitive. I’m not sure what the formulas are either with the voluntary market not able to service these clients. We’ve had as high as a ten employee business with no claims to companies with just a little over a one experience modifier that can’t access reasonable coverage. Whatever the reason, keep’em coming - we’ll help!

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

How can employee leasing services impact your business? How about an annual work comp savings of $15,000 for a company with less than ten employees! What an easy decision for this local Wisconsin moving company that will pay 47% less on their workers’ compensation insurance rates now by connecting with an employee leasing provider. In this economy, there’s never been a better time to look at the benefits of employee leasing services.

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

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

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