Employee Leasing Quotes : PEO Blog

Employee Leasing (or PEO services) is one of the fastest growing outsourcing services nationwide. California employers are seeing the benefits of big savings on workers’ compensation insurance costs.

Within the last thirty days, we’ve helped a construction company, two arborists and a staffing company save a total of $127,000 compared to their previous work comp insurance providers.

Some of the benefits a California PEO service will provide include:

• No deposits, no AUDITS, no surprises.
• An easy to understand labor cost for all your employee classifications, making it easier to bid jobs.
• Shifting of liability. In this coemployment relationship, they have a stake in your workers’ comp safety and preventable accidents because it’s their policy too. They manage work comp and unemployment claims, provide safety help with ideas and direction.
• Professional human resource services. Instead of paying for an in-house HR professional, your sharing several HR pros with other companies. In today’s world, employers need help with questions regarding proper hiring and firing techniques, how to reprimand or writeup employees to avoid future problems. There’s also governmental compliance issues that they keep you informed of and supply necessary material when needed.
• Time savings. All of the above take an extreme amount of time for someone or many to deal with every year and it’s all work that generates absolutely no income for a business - that’s why people outsource this stuff. This should free you up to work on more things that do create revenue.
• Utilizing the California PEO service for a lower state unemployment rate.

A 30% increase in California workers’ compensation insurance! That’s somewhere in the ballpark says Dave Bellusci - chief actuary for the state of California workers’ compensation insurance review board.

WCIRB says the current calculation does not include a separate element for the impact of the Almaraz/Guzman and Ogilvie decisions, as it is assumed that the impact of those cases is already in the underlying data. The WCIRB is sticking to its previous story and continues to peg that impact at 5.8%.

California’s high workers’ compensation insurance rates have created a feeding frenzy for the PEO and Employee Leasing industry in the past few years. With discounts of up to 40% or more compared to California’s state fund rates, we’re seeing a huge increase in the California market - and employers are desperately searching for help.

Savings on group health care insurance premiums and reducing increased governmental compliance issues are just a few of the other advantages of a California PEO service.

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

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