PEOMarket.com offers clients the full complement of professional human resources services. Clients are eligible for all of these products and services based on their particular needs and concerns.
- Timely and accurate payroll services.
- Federal, state and local payroll taxes.
- W-2's.
- Remote data entry.
- Wage verification to third parties.
- Direct deposit/auto debit.
- Vacation/sick/benefit eligibility tracking.
- Job cost reporting.
- Quality health, dental and prescription drug plans.
- Pretax medical and dependent care reimbursement.
- Group and individual life insurance and disability plans.
- 401(k) plans.
- Workers' Compensation management.
- COBRA administration, unemployment claims, hearings & appeals management, HR Administration Services.
- Developing and updating employee handbooks, workplace policies and procedures.
- Developing and managing HR forms.
- Maintaining personnel files.
- Assisting with employee performance reviews.
- Assisting with job descriptions, screenings, hiring, orientations, disciplinary actions, terminations and exit interviews.
- Client Staffing Solutions.
- Outplacement Services.
- Compensation Planning Services.
- Background checks.
- Drug testing.
- Mergers & Acquisitions.
- Expert Compensation Testimonial.
- Lack of Time
- Cash Flow
- Workers' Compensation
- Employee Benefits
- Government Compliance
- Human Resources
- Operating Leverage
- Employee Turnover
- Risk Management
- Payroll & Taxes
PEOs remove non-productive tasks that take away time and resources so you can focus on bottom line activities such as strategic planning, marketing, and customer service. Could you make more money if you had time to work your business? Time is money in business.
PEOs improve your cash flow by integrating most of your employee cost-centers into a single cost factor per $100 of payroll; including employer matching FICA, FUTA, SUTA, Workers Comp, Administrative Overhead, and employee benefits. Your cash flows in "real-time" right along with your business income.
PEOs make buying and maintaining work comp easier than ever. No more BIG down payments. No more year-end premium audits. Because your work comp is built into your PEO factor, you only pay for the insurance you need as it's utilized. And best of all, PEOs have BIG buying power that can save you money by using their insurance policies.
PEOs have many "turnkey" benefit plans in place for your employees. Imagine instantly adding a 401(k) plan, a Section 125, Group Dental, Life, and other valuable benefits to your business without spending a fortune. And best of all, the PEOs manage the programs, payroll deductions, and benefit records- making employee benefits easier than ever to provide and manage.
PEOs simplify all the rules and regulations associated with employing people. They can assist you in complying with all federal, state, and local laws and statutes. PEOs provide you with legally required employee forms and paperwork. They even maintain and store your employee files.
PEOs act as your own personal HR Department, assisting with employee handbooks, job descriptions, record management, supervisory training and conflict resolution. Do your business practices and policies protect you from employee lawsuits? PEOs provide a reliable source to get your employee-related questions answered by HR professionals.
PEOs create operating leverage for businesses by creating a fixed cost for employing people. Rather than having to increase your internal investment in human capital and equipment to keep up with external growth, the PEO provides a predictable mechanism that allows you to increase profits at a greater rate than internal costs. This is achieved through outsourcing to a PEO.
PEOs reduce turnover be establishing better systems, policies and benefit packages. Turnover can cost your business thousands of dollars a year in lost production and employee re-training. A good PEO will help keep your employees loyal and motivated. And you spend less on training.
PEOs can really benefit businesses with work comp experience modifiers above 1.00. They can offer sound advice for improving workplace safety and preventing claims from occurring. They will proactively manage your comp claims and work with you to reduce claim costs and investigate potential fraudulence.
PEOs solve each of these problems by becoming a co-employer with you. The PEO issues paychecks, W-2's, direct deposits and tax deposits. They assume your tax liabilities and responsibilities as the IRS employer of record. This co-employment agreement and payroll administration makes everything possible for employers.
|
