Archives 2011

People ask us when they need a PEO, or even why?

Hard question to answer with anything other than “Maybe you don’t!”

Our staff can spend a lot of time telling you why you should have a PEO, and you can probably find some of that on other parts of this site. For fun though, and maybe for educational purposes, we asked them, “When DON’T you need a PEO?” Well they tossed it around the bullpen and surprise surprise, they came up with at least 7 scenarios when a PEO is not called for.

Here’s some situations they gave us when you DON’T need a PEO:

1: You don’t have any employees
2: You have employees but they cause no problems and create no risks
3: You are a government entity who cannot be sued
4: You are a very large company with an internal legal and HR department
5: You are a very large company with annual workers’ comp premiums in excess of $250,000. (In this case you should have your own, custom comp solution, such as a captive or a self funded plan. Ask us about that)
6: You are a short term company, not likely to be around for a while
7: You will never want to sell your company, or facilitate an easy ownership transfer

Can you think of some others? Please let us know!

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It seems that payroll companies are on the rise, and more and more they are looking for workers’ comp coverage for their clients.

Wouldn’t your payroll clients like to be free of the hassle of yearly audits?
Are they sick of massive deposits and big down payments?
Are they frustrated because they can’t find coverage?

We may be ably to help your payroll company with our “Pay As You Go” workers’ comp program. Premiums can be paid as earned, by rating the current payroll against the correct comp codes. Audits can be minimized, made less painful or possibly done away with completely.

This program is designed for payroll companies and their insurance agents. Please have your insurance agent contact us to find out about this income stream that is being left by the wayside.

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Alabama is a friendly state towards PEOs, so there is rarely a problem finding a match for your specific needs here.

Alabama is a “loss-cost” state, where the workers’ comp carriers can set their own rates by showing their own claims history. The rates must be approved, but still, it is possible to be competitive by changing carriers from time to time, and that includes PEOs.

We have PEO partners in the following locations:
Birmingham, Dothan, Mobile, Montgomery, Muscle Shoals / Florence, Columbus, and Gadsden just to name a few.

Here is an article that explains a little more about PEO Services: Why Use a PEO?

If you would like to get some more information on a quote, please use the form below:

Your Name

Company Name

Email

Phone #

Information Concerning

PEO Services Workers Compensation Pay As You Go Comp Services Construction General Liability Health Insurance Broker/Agency Alliance Other Business Insurance Agent Appointment Other

How Did You Find Us?

Please tell us more about your business? What do you do? Your line of business?

Comments - for PEO services it would be helpful to know how many employees you have, what states do they work, what do they do, and an rough idea of what your payroll is and how often (weekly, bi-weekly, etc)

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Georgia is a friendly state towards PEOs, so there is rarely a problem finding a match for your specific needs here.

Georgia is a “loss-cost” state, where the workers’ comp carriers can set their own rates by showing their own claims history. The rates must be approved, but still, it is possible to be competitive by changing carriers from time to time, and that includes PEOs.

We have PEO partners in the following locations:
Atlanta, Macon, Dalton, Lawrenceville, Valdosta, Savannah, Brunswick, Augusta and Athens just to name a few.

Here is an article that explains a little more about PEO Services: Why Use a PEO?

If you would like to get some more information on a quote, please use the form below:

Your Name

Company Name

Email

Phone #

Information Concerning

PEO Services Workers Compensation Pay As You Go Comp Services Construction General Liability Health Insurance Broker/Agency Alliance Other Business Insurance Agent Appointment Other

How Did You Find Us?

Please tell us more about your business? What do you do? Your line of business?

Comments - for PEO services it would be helpful to know how many employees you have, what states do they work, what do they do, and an rough idea of what your payroll is and how often (weekly, bi-weekly, etc)

Verify that you are a real person 🙂

Florida is the birth place of PEOs, so there is rarely a problem finding a match for your specific needs here.

PEO Pros is an independent broker, not affiliated with any one PEO but has contracts and agreements with over 125 choices. Doesn’t it make sense to let the Pros find the best match for you?

PEOs in Florida can provide the following services to name a few:

• Payroll Service in Florida
• Workers’ Comp in Florida (or Florida Workers’ Comp)
• Assistance with Unemployment Insurance in Florida
• Assistance with Health Insurance in Florida

We have PEO partners in the following locations:
Orlando, Tampa, Jacksonville, Miami, Ft. Lauderdale, Sarasota, Bradenton, Ft. Myers, Port Charlotte, Panama City, Ft. Walton Beach, Tallahassee, Pensacola, Destin, Orange County, Lake County, Osceola County, Seminole County, Volusia County, Brevard County, Okaloosa County, Santa Rosa County and Polk County; just to name a few.

Here is an article that explains a little more about PEO Services: Why Use a PEO?

If you would like to get some more information on a quote, please use the form below:

Your Name

Company Name

Email

Phone #

Information Concerning

PEO Services Workers Compensation Pay As You Go Comp Services Construction General Liability Health Insurance Broker/Agency Alliance Other Business Insurance Agent Appointment Other

How Did You Find Us?

Please tell us more about your business? What do you do? Your line of business?

Comments - for PEO services it would be helpful to know how many employees you have, what states do they work, what do they do, and an rough idea of what your payroll is and how often (weekly, bi-weekly, etc)

Verify that you are a real person 🙂

Shown here with strategic partner Jason Irving of Urban Recruiters Staffing, PEO Pros CEO John Will Tenney has written an article for Google Knols discussing the history of PEOs and how they differ from Staffing Companies.

“We get asked this question all the time.” Tenney tells us, “It’s not a simple answer. I expect this will only be the first of a few articles discussing it. For example, with a recovering economy such as we are in today, Staffing makes a lot more sense for business owners that are cautiously expanding their business.”

Here is the link to the Knol. Your comments and reviews are welcomed.

Excerpt: “In many ways, PEOs and Staffing companies are similar, but in fact they cover the opposite ends of the HR spectrum. In this article, John Will Tenney of PEO Pros explains the history and formation of PEOs, and a little of the differences and similarities between PEOs and Staffing.”

In an effort to promote better health and wellness in our community, we are lending support (financial and otherwise) to local athletic clubs.

Good health is not only harder to come by but more important than ever to achieve naturally, rather than relying on doctors and expensive pharmaceuticals.

While a healthy diet is important, nothing is better for healing and wellness than exercise. We thank our marketing partners for providing organized exercise.

Concentrating on outdoor sports: we sponsor the following organizations:

Waterford Runners – bi-weekly free 5K run.

Eastside Cycling Club – Wednesday and Saturday organized bicycle rides.

Why should an insurance agent work with a PEO Broker?

Here at PEO Pros / PAY-surance HR, we are often asked that question. Since many PEO Brokers are also insurance agents, the strategic partnership may not be obvious. However, most PEO Brokers are smart enough to leave traditional commercial insurance needs to the traditional commercial insurance agents. We certainly do. We figure they are experts at what they do, and we are experts at what we do. Why would we take business away from Agents who could use us for certain niche clients?

So What is That Niche?
There are several:

1: Difficult to place workers’ comp clients. Often times, a client who has difficulty procuring workers’ comp can get coverage by placing their employees with a PEO. This could be a smaller client who doesn’t have a lot of premium, a higher risk client or even a client who has had some claims history in the past.
2: Clients who have had a lot of unemployment claims. There is nothing better than a professional HR partner to assist in reducing unemployment claims.
3: Clients who have had HR difficulties, such as lawsuits from employees. Again, a professional HR partner can assist a client in putting in proper procedures to avoid unnecessary lawsuits.
4: Clients who wish to reduce employee turnover. Often the benefit solutions available from a PEO can offer that high level environment to a smaller client, in such areas as health insurance, 401k benefits, group life insurance and other areas.

We at PEO Pros / PAY-surance HR are always willing to talk to traditional agents and agencies about strategic partnerships. Often times our clients need a service they should get from those agents, such as commercial auto, property & casualty, general liability or even surplus lines and bonds.

If you are an agent, or an agency that is interested in this type of strategic partnership, please feel free to contact us using the form below.

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We are seeing more and more large carriers entering in to the Agency Captive arena, particularly with workers’ compensation premiums.

Some of these carriers are well known, 50-state, A-rated companies. (We will release names as soon as we get permission – promise!) These segregated portfolio loss funds are also called “workers’ comp agency captives.”

In these situations, Agencies can benefit from clients that have good risk management procedures and corresponding loss history. There is also the possibility of higher average commissions as well.

More information is in a “knol” article published by our lead agent John Will Tenney here.

So if your agency is interested in a risk-sharing, income opportunity using a agency captive you may wish to contact us using the form below.

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Some of our partner PEOs are offering a new service to their client employees.

This new service, called the Online Degree Navigator, allows people to search a variety of online degree offerings from one website.

We expect this program to become very popular with our partner PEOs, especially with the focus on advancing education. With one click to a website, PEO employees can now select from a wide variety of online degree course offerings.

If you would like to offer this to your employees, please use the contact form below:

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