PEO Services for Painting Companies
A Professional Employer Organization (PEO) focused on the painting industry, can reduce insurance and administrative costs, allowing you to win more bids and gain more time to focus on growing your painting company.
Also known as an employee leasing company, a PEO becomes the administrative arm for your painting operations, allowing you to unload a number of employment related tasks. Helping with proper hiring and termination techniques, to payroll, tax reporting, safety, benefits administration and much more. The right PEO service is all about giving you more time to build your business.
Why Use A PEO Service?
Administrative costs are around $450 lower per employee for businesses that use a PEO compared to in-house costs. Plus, businesses in a PEO arrangement grow 7-9 percent faster, have 10-14 percent lower turnover, and are 50 percent less likely to go out of business.
Painters Work Comp Insurance with a PEO
PEOs co-employ thousands of painting businesses, so their bulk work comp power provides huge savings up front. They're also able to save you money in long term, with effective risk and claims management services.
More Work Comp Benefits:
- Pay-As-You-Go Premium
- Big Discounts
- No Down Payment
- Multi-State Coverage
- Manage Workers' Comp Claims
- Analysis of Claims & Losses
- 24 Hour Reporting
- Post Accident Drug Test
How Does A PEO Company Work?
The PEO becomes your "back office" partner, allowing you to outsource work that takes time and doesn't generate revenue. PEOs provide complete payroll administrative services, human resource and governmental compliance experts that lower your employment liabilities.
When you partner with a painting PEO provider, you enter into a co-employment relationship. Co-employment means sharing legal responsibilities for your employees. Day-to-day business decisions, such as hiring, scheduling and training continue to remain under your control.
Are PEOs Recognized By the State and Federal Government?
Yes. PEOs operate in all 50 states. Many states provide some form of specific licensing, registration, or regulation for PEOs. These states statutorily recognize PEOs as the employer or co-employer of worksite employees for many purposes, including workers' compensation and state unemployment insurance taxes.
PEO Payroll Benefits
- Multistate Payrolls & Taxes
- Certified Payrolls
- Payroll and Taxes State, Federal & Local Tax Preparation and Remittance
- Unemployment Taxes
- Management Reports
- Online Payroll
- Direct Deposits
- Visa Pay Cards
Top PEO Companies for Painters
ELQ has been working and vetting PEOs since 2001. We have the experience that employers in the painting industry need to find the right fit for their businesses. We are the nation's premier PEO broker and take pride in saving you and your business time and money. Let us do the detailed work of matching you with your ideal PEO so you can do your best work.
PEOs are all different, and offer varied benefits and options. We work with you to learn your painting company's specific needs and pair you with the proper PEO solution. Finding the PEO that best fits your business takes time and research. What you can save depends on your current situation, so call today or request your painting PEO quote and see how we can help.