New York is a very interesting state for PEO services. The state owns and operates a competitive workers’ comp state fund which makes it difficult sometimes to compete in the PEO environment. PEOs using a traditional carrier will pay a 19.4% “state fund assessment” to replenish the state fund, which was depleted by a corrupt […]
PEO and staffing company owners are realizing that having an agent represent them for their master worker’s comp policies (and others) can lead to greater profitability and significant increase to their bottom line.
Has your workers’ comp coverage been denied or canceled? Not yet? Maybe it isn’t your turn just yet? If renewal time is coming up and you are worried, there are some steps you can take to make it easier. What is involved in getting workers’ comp coverage? Understand that the insurance company is in the […]
Why is it important to have a “rated carrier” for your workers’ comp coverage? When does it make a difference? Common questions and answers How does a carrier get rated anyway? In most cases it is done by evaluation by an independent company. In almost all cases in the United States today this company is […]
Why would a business owner use a PEO to provide solutions to employer headaches with traditional payroll and insurance methods? “PEO” stands for Professional Employer Organization. In almost all states this is a licensed and regulated corporation which practices in the field of employee leasing or co-employment. In an employee leasing scenario, the PEO becomes […]
Can a PEO help solve problems related to bad employees? Can things go wrong for an employer? Of course. What can an employer do to ease the pain When Things Go Wrong? Proper preparation can prevent problems. Having a professional partner can help solve problems.
As if Obamacare isn’t bad enough, now small employers have to worry about the complex issue of rising unemployment insurance and tax rates. Formerly a rather simple calculation, things have happened in several states that make things complicated. Just what an employer needs, another thing to worry about. It is a justified headache to worry […]
“What effect will Obamacare have on employers?” It’s a question being asked by many small and medium sized business owners. Recently overheard at a NAPEO convention: “If PEOs help business owners navigate through complexity, then we just got 2200 pages of complexity.” “I don’t want any more employer problems” one business owner told us, “I’ve […]
Why would anyone expect to find all their payroll, workers’ comp insurance and HR answers from one PEO? Would you buy a suit that didn’t fit? So why expect one PEO to do it all? Many business owners are frustrated that they can’t find the right payroll, workers’ comp or PEO solution that matches their […]