WHAT IS A PEO?

Formerly known as "employee leasing", a PEO is one of today's best management solutions for small and medium size business to cost effectively outsource the management of Payroll, Workers' Compensation Insurance, Human Resources, Employee Administration, Employee Benefits and Risk Management.

PEOs help businesses to focus on their core products/services to grow their bottom line. In general terms, the PEO will focus on employment related issues and the Client will be responsible for the actual business operations.

As an independent Broker of PEO services, we have access to multiple PEO providers/companies across the USA. This helps to assure that you receive the most competitive quotations not only for pricing purposes, but for coverage/service purposes as well.

WE DO THE 'SHOPPING' FOR YOU!

Our services are available to all size businesses, but are generally most cost effective with five (5) or more employees, all the way to 100s of employees.

We search the PEO markets to find the PEO providers/companies wanting to provide their services to your business, and then obtain their competitive quotations for your review and decision.

HOW DOES A PEO WORK?

Simply, the PEO transfers your employees to their payroll via their Service Agreement. As a result, the PEO becomes the employer of record of your employees for payroll purposes. However, you always maintain the supervision and control of your employees, including wage and scheduling decisions. Also known as co-employment.

As co-employers, the PEO and Client will contractually share or allocate employer responsibilities and liabilities. The Client will continue to have responsibility for worksite safety and compliance.

WHAT ARE THE BENEFITS TO ME OF A PEO?

PEOs will afford you freedom from the responsibility for employee administration. Specifically they will:

• Prepare your payroll and pay your employees.
• Pay all payroll and statutory taxes.
• Provide assistance with regulatory compliance.
• Comply with all governmental agency requirements.
• Pay State and Federal Unemployment Insurance; complete, respond to, and monitor each unemployment claim.
• Provide Workers' Compensation Insurance and claims management with NO deposits paid by you, and NO audits to be concerned with. The PEO will also participate in, and monitor Workers' Compensation Insurance hearings and reviews.
• Provide workplace safety and drug free programs.
• Offer and administer comprehensive medical and employee benefits to you and to your employees.
• Provide Human Resource services ~ the professional HR staff at the PEO will give you as little or as much support as you need or want.
• Prepare and provide customized employee handbooks.

WHAT IS THE COST TO MY COMPANY?

The PEO's services can actually REDUCE your total cost of payroll and employee administration costs. By harnessing "The Rule of Large Numbers", PEOs are able to purchase Workers' Compensation Insurance and Benefits programs at much lower rates than you can purchase these same products. Even with the administrative fee of the PEO, you will still save money from pay period to pay period.

And, this does not even take into account the time you will be saving in payroll preparation, tax filings, personnel administration, shopping for Workers' Compensation Insurance and Benefits programs, etc. Time you need to focus on your core business/service.

WHAT OTHERS SAY ABOUT PROFESSIONAL EMPLOYERS...

• US Small Business Administration ~ "We see PEOs as providing benefits to employers at lower costs."
  
  
• USA Today ~"...appeals to the small-to-medium sized firms who want to be free from bookkeeping chores and labor problems."
  
  
• IRS ~ "The Internal Revenue Service clearly recognizes that the employee leasing industry can offer legitimate and distinct advantages to businesses, employees, and to the IRS. We view the employee leasing industry very positively." "We also recognize that employees of a legitimate PEO have access to better benefits packages, delivered economically."

THE PEO INDUSTRY IS REGULATED BY EACH STATE.
 

SOME BENEFICIAL REASONS TO ENGAGE A PEO

►  Workers' Compensation Insurance and administration.
►  Payroll preparation, processing and administration.
►  Benefits and benefits administration.
►  Human Resources, forms and administration.
►  Compliance with all governmental requirements that affect employers
      and their employees.
►  Risk Management and workplace safety.
►  Drug free workplace.
►  Employment tax compliance and reporting.
►  Online employee and payroll information and reports.
►  Employee related policies and procedures.

Basically, you pick and choose most of the services you need and want.
All on a "PAY AS YOU GO" basis.

MAKES ALL THE SENSE IN THE WORLD!

The Small Business Association, (SBA) reports: "The average cost of government paperwork and tax compliance for small business with less than 500 workers is $5,000 per employee per year. Businesses with < 20 employees pay $6,975 per employee per year!"

As a PEO Brokerage firm we help businesses save hard-earned dollars on their total Payroll, Human Resource, Workers' Compensation Insurance, Employee Administration, Employee Benefits and Risk Management costs.

We work closely with employers who suspect they are overpaying for each or all of the above. There is NO cost to the employer for our services.

BOTTOM LINE? OUR JOB IS TO PLACE OUR CLIENT'S UNIQUE
RISKS WITH THE BEST PEO AT THE BEST PRICES AND TERMS!

BOB CLARK, LLC A PEO Broker With Options For You 262 East Gate Dr., #319 Aiken, SC 29803-7698 Tel: 803-443-1555 ~ Fax: 803-644-0583 Contact Bob

Please note that no insurance, financial and/or legal advice is provided, and none is intended or implied to be provided. We strongly recommend engaging qualified professionals in these areas.

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