What is Employee Leasing?
The biggest misconception about “Employee Leasing” is its name, which implies “the leasing of employees”; the staffing by another party such as a “Temp Agency”, or “Staffing Company”. This is not what an Employee Leasing Company does… not even close.
An Employee Leasing Company, aka PEO (Professional Employer Organization) is a firm that provides a service under which an employer can outsource employee administrative tasks, such as all payroll, employee benefits, workers’ compensation, risk/safety management and healthcare. A PEO bundles all of these services together in one bill.
A key service provided by a PEO is securing work comp insurance coverage at a lower cost than their client can obtain on their own.
Benefits to Employer
Employers utilizing the services of a PEO are able to focus on the big picture of growing their business by eliminating day-to-day administrative tasks. Small businesses have a better success rate when using a PEO.
- Obtain High-Risk Work Comp
- Compliance Assurance
- Lower Premiums
- Better Success Rate
- Reduce Administrative Expenses
Is Employee Leasing right for your Florida Business? Click here to learn more or call us at 1-866-684-5684.
[button url=”https://simpleworkcomp.com/workers-compensation-quotes/” target=”” size=”small” style=”limegreen” icon=”” popup=”” title=””]Get Quote[/button]
