Can a PEO Help Your Business?
In today's trying times, Professional Employer Organizations, or PEOs, give you a huge advantage over your competition by providing:
- Discounted workers' compensation premiums, plus no audits or down payments
- Assistance with unemployment claims, workplace conflicts, drug testing and risk management
- Free direct deposit and payroll checks, tax deposits and filings, garnishments, reports and job costing
- Reduced rates on group health insurance, 401(k) plans, supplemental, dental and vision insurance for your employees
What is a PEO?
Also known as employee leasing, a PEO can transform your organization by streamlining your HR services, payroll and insurance by consolidating multiple vendors to one. These services have seen record growth in the last few years- and the reason is simple. PEOs allow companies to concentrate on their core business, while leaving the risk and liabilities on the PEO. You have the opportunity to take advantage of fortune 500 benefits, which makes it more appealing for employees to join your organization.
Other PEO Advantages:
Complete Payroll Processing
PEOs wipe out the hassle of payroll. Not only are your employees paid correctly, and on time- the PEO offers options of paychecks, direct deposit, or pay cards for your employees. Also included are child support garnishments, online paystubs, compliance, and record maintenance. Report easily online, by phone, or fax.
Workers' Compensation Insurance
PEO services offer discounts of up to 40% on your work comp rates, even if you've had claims in the past. Injured employees can utilize their return-to-work programs, and they provide risk management to prevent injuries before they happen. All claims are resolved by the PEO. And when you need a certificate of insurance? Easy as pie.
Human Resource Administration
The PEO's on staff HR experts help you manage all compliance and employer-related liabilities. Services such as drug testing, employment verification, handbooks, risk management training are offered at a discounted cost. Plus you can tailor your program to fit your unique HR needs.
Why Use ELQ?
Call us for questions, pricing and proposals. Since 2001, we've made the process of finding a PEO that can deliver the benefits your business needs easy. We're here to help.
