Employee Leasing Quotes : PEO Blog

Fast, productive and busy week, ending with two more newly established brokering relationships with some top tier employee leasing providers and two insurance agencies that we’ve formed marketing agreements with to help more business owners in their service areas.

What’s great about the employee leasing industry is how it continues to evolve, with more services, benefits and unique options available to help business owners. For example, we connected a small chain of supermarkets (grocery stores) in Missouri with a PEO company that was really struggling with payroll and human resource services. They had an excellent workers’ compensation history, so the PEO provider simply carved that portion of the services out, to manage just the problem areas.

A few other industries we’ve been consulting with to provide an employee leasing solution include:

1. A mining company out of Montana. Faced with one of the state’s highest workers’ comp rates, we were able to help them save 27% on their annual workers’ compensation insurance premiums.

2. A structural steel company out of North Carolina. This company recently had an increase in their experience rating of almost 38% based on two expensive work comp claims. Their overall history was excellent up to this time period and the employee leasing provider we helped place them with, virtually erased that increase.

3. A renovated golf resort in Tennessee. The owners have previous experience with employee leasing services and understand the valuable benefits. They’re able to get started with no money down on their workers’ compensation, with a 35% discount off the current Tennessee state rates.

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

Well, January’s off to a fast start with lots of new opportunities, a new video, logo and makeover of our site - and some challenges in helping business owners find a solution to their problems.

Some of the businesses that we’ve proposed employee leasing services to this week include a group of hotels in Texas, a cleaning company in Minnesota, a new roofing business in Florida, a trucking company in Illinois and a manufacturing facility in Tennessee.

We’re still struggling to find solutions for the smaller tree service business (50-100K in payroll) and even the small company that has had some work comp claims, that’s about to be non-renewed for coverage by their existing work comp carrier - I’m open to emails or phone calls if anyone can help.

I’m also in need of a provider who has an A rated carrier, who will look at high-risk industries, like cell tower erection and governmental construction and roofing projects. Happy New Year and best wishes in 2011!

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

Lowering Your Compliance Risks.

Legal and regulatory compliance has become a nightmare for business owners. While in the past, many business owners have connected with an Employee Leasing service for savings on workers’ compensation insurance or to reduce rising group health care costs, but with increased governmental regulations and health care reform, help with human resource services have quickly become an urgent need for employers.

Managing unemployment disputes, staying on top of new federal and state labor laws, understanding the new health care reform, as well as proper hiring and firing practices are just a few of the beneficial services you’ll receive from utilizing a PEO service.

There’s a good reason why Employee Leasing services have experienced over double-digit growth every year, over the past decade- because it makes sense!

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

Cutting Your Business Costs.

Let’s say you’re a small business with 20 employees. As you can imagine, you don’t have some the same advantages as a large company with say - 200 employees. Your employee related costs for workers’ compensation and health insurance are much higher, along with the administrative costs of running your business – placing you at a competitive disadvantage. When you, along with other business owners connect with an employee leasing provider, you become part of a group with thousands of employees to leverage buying power - reducing these costs and increasing your profitability.

And with an employee leasing’s no money down, pay-as-you-go work comp policy, you’ll avoid the upfront deposits and fees that traditional insurance companies charge- allowing you to keep more cash in your business.

A employee leasing provider can also gives you access to the same benefits as a Fortune 500 company, like a host of group health insurance plans, vision and dental insurance, even 401K and other savings programs - at reduced rates.

Lowering Your Compliance Risks - Part III

www.EmployeeLeasingQuotes.com

Great reason to look into Employee Leasing services. You know what your costs are, the rates are discounted upfront and you don’t deal with audits.

http://orlando.bizjournals.com/orlando/stories/2010/06/21/story13.html?b=1277092800^3528271&ana=e_vert
Mike Burgelin
www.EmployeeLeasingQuotes.com

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

1. You’re a numbers guy:
You look forward every year to the new IRS (Circular E) employer’s tax guide. Even when you were young you loved solving math problems and the IRS always adds a new wrinkle to the equation, so that makes it even tougher.

2. You always need something to do:
Lucky for you, the state and federal government keep adding employer compliance laws you’ll need to stay on top of. Abbreviations like COBRA (not the snake), ERISA, ADA, HIPPA and FMLA are just a few that you’ll enjoy reading up on.

3. You’re a shopaholic:
Clothes, shoes, insurance- it doesn’t really matter. Every year, renewals on workers’ compensation and health insurance benefits are just another opportunity to shop. You also get the side benefit of reading all the new changes in deductible options, co-pays, limits, exclusions, networks, provisions and so on.

4. You’re a good debater:
You were first in your class and county champion, so you look forward to workers’ compensation audits. This annual showdown gives you the chance to single-handedly take on big insurance.

5. The thought of not seeing Jennifer, the pretty blonde teller, at the bank when you have to make timely payroll deposits is reason enough.

6. Outsourcing payroll would take away Sally’s only job:
Besides a few IRS penalties for late payments and abusing smoke breaks from time to time, she’s always there to talk to. She plays a mean game of online chess and she actually did get you back some money once for overpayment on payroll taxes.

7. You’ll lose all your power:
Sure it takes up a lot of time to sign payroll checks, 940, 941 and a few dozen other forms regularly - but you’re the boss. Delegating or outsourcing employee-related issues shows a sign of weakness.

8. You’re a hard working, thrill seeker:
There’s no better feeling of accomplishment than finishing up payroll at midnight on a Thursday. The rush of pushing it to the limit, knowing your life could be in danger if paychecks aren’t ready Friday morning is exhilarating!

9. Outsourcing the payroll would provide a legitimate excuse to not give out loans to those who come knocking on the door before payday.

10. Because it might cost more:
You know what your costs are now? Why change? Besides, change can be difficult, even disruptive. Even if it costs less, how much could you really save?

There’s a reason why the U.S. Department of Labor predicts that by the year 2020, half of American employees will be getting paid through employee leasing companies- they work!

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

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