Those who own a successful tree service business are smart, tough, patient, hard working, multi-tasking individuals who are used to improvising on a moment's notice.
Those who aren't all those things probably aren't very successful at owning and managing a tree service business.
In a highly competitive, dangerous profession that can sometimes feel like an endless Easter egg hunt for quality employees, dealing with payroll and insurance issues is just a frustrating (but necessary) waste of time.
What continues to separate the profitable, successful arborist from the rest is the use of an employee leasing, or PEO company.
The reasons why? Let's start with workers' compensation insurance. Tree service companies across the country pay some of the highest workers' compensation rates of any industry. Employers in Georgia, South Carolina, Alabama, and Mississippi pay extremely high rates.
A PEO company buys workers' compensation for thousands of employees, which reduces the overall rate compared to purchasing an individual policy. While a rate reduction has little effect on a clerical employee, there can be dramatic differences on the costs for employers in the tree service business.
For example, let's say you own a small tree service business in Georgia. You have 5 employees with an annual payroll of $130,000. The state rate for climbers and ground employees is $39.28 per hundred dollars in payroll. This would make your annual premium $51,064.
A Professional Employer Organization that specializes in the tree service industry could potentially save your business up to 20% off the state rate. The annual premium would be a dramatic reduction at $40,846 - an annual savings of over $10,000. Some of the other benefits employers receive are no down payments or deposits and no annual expense constant (money that goes to the state).
A PEO service will allow you to concentrate on building and expanding your business while controlling your administrative costs. How much your company saves depends on your current situation.
The benefits of using a PEO in the tree service industry enable small business owners to outbid and outwork their competition.
When you're ready to obtain multiple PEO quotes for your business, let us do the work for you. With over 1000 PEO companies that service different markets, states, and industries, there may be only a handful that truly fit the needs of your arborist business.
The power of multiple PEO services competing for your tree service business saves you time and money! Our price and service guarantee eliminates the hassle of interviewing endless salespeople.
Call us for answers. Our information is free and helpful. Receive Your FREE PEO Quote!