Employee Leasing Quotes : PEO Blog

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