Paperwork Just Seems to Pile Up
Have you ever played Tetris? It's that game from the 1980s that requires you to strategically rotate, move, and drop geometric shapes that fall into a game board. These shapes build up on the board, and the only way to clear them out is by making horizontal rows of blocks without empty space.
It can be a pretty difficult game! In fact, the more you play, the more difficult the game becomes. The shapes drop faster and faster, and the possibilities of making lines disappear becomes nearly impossible. You may place a shape in the wrong place and- bam! Your game board is a mess. You're in a situation that seems hopeless.
Employers can find themselves with that same hopeless feeling when dealing with business paperwork that keeps piling up. The complications of having employees means keeping up with dozens of state and federal employment regulations and precise payroll management - just to name a few.
If you're not on top of these back office tasks, you 'll quickly find yourself overwhelmed. And unlike Tetris when the burden of the building blocks allow you to hit the restart button- there's no mercy given for late tax payments, inaccurate reporting - or a poor hiring decision.
Employers Have Many Responsibilities
When you own a company that specializes in a trade- painting, drywall, trucking, or anything else- you are prepared for the possible issues that come up with that trade. You can probably find a way to fix your machines, arrange schedules, or even clean up a job site if you have to. But you're probably completely unprepared for the requirements of tax filings and other issues that come with running your business. Things like new hire reporting, overtime, wage garnishments, and child support.
And once you get behind or make a mistake, those issues- just like the Tetris blocks- just keep dropping. Pretty soon, you're paying hefty penalties to the IRS and probably losing some sleep.
How PEOs Can Help
How would you like those blocks to stop dropping so you can focus on running your business? Thankfully, a solution for employers comes in the form of a Professional Employer Organization (PEO).
PEO providers allow you to outsource payroll administration, access great employee benefits and big discounts on workers' compensation insurance. When these HR tasks are on someone else's shoulders,you gain the freedom to work on sales, service and growth for your business. Productivity across all operations seems to soar.
Other benefits Professional Employer Organizations provide:
- Workers' Compensation Claims Administration
- Family and Medical Leave Act Administration
- Risk Management
- Direct Deposit/ Check Printing
- Complete HR Administration, including safety and regulatory compliance
- 401(k) Savings Plans
- Drug Testing
ELQ is the PEO Expert
When you're ready to find out how HR outsourcing services can benefit your business, call the Professional Employer Organization experts at ELQ. We've been the industry experts since 2001, on everything concerning Professional Employer Organizations. PEOs are all different, and offer a variety of benefits and services. Their pricing can differ dramatically.
We've done the vetting for you and will work with you to understand your company's specific needs, to access the perfect PEO solution. Finding the PEO that best fits your business takes time and research. Use our experience and rest assured you are getting the highest quality PEO services at the lowest cost. See how your company will benefit and call today.