For agents who don’t have a PEO relationship yet, getting started with a PEO partner or obtaining a quote could be time-consuming if they had to call all the various PEO’s to learn their risk appetite, underwriting procedures, pricing model, and more. Fortunately, there is a better solution. Learn what that solution is here.
As a small business employer, I also know how much time and energy it requires to stay on top of all your back office responsibilities. Things like payroll, payroll taxes, new employee reporting, child support payments, garnishments, unemployment claims, keeping up with new regulations, workers compensation premium calculations and audits, and more. If you are fortunate enough, you may even also have these additional responsibilities – health insurance deductions and payments, 401k deductions and payments, supplemental insurance deductions, and more! The list of items you may have can grow over time as you grow. Just keeping up with the ever changing regulations can be time-consuming enough. If you have hired an HR expert, benefits expert, risk management personnel, and all the other staff you would need, it would break the bank.
Increased labor demands and high material costs are primary drivers for the construction industry to use a PEO.
If any of this looks familiar, then it’s time to get some help from a professional employer. Running your business is hard work. Staying focused on things like your customers and less time on payroll and taxes is more important than ever! Employer regulations are constantly changing. Your responsibilities as an employer takes a lot…