Florida Professional Employmer OrganizationsMay small businesses are trying to determine if a PEO company in Florida (or anywhere in the US, perhaps) is the best solution for their needs, versus keeping an in-house HR person. As employee costs and healthcare costs continue to rise for employers, we find that small businesses are searching for something different to help them offset the costs of HR related services. This is where a professional employer organization comes into play.
This PEO model below answers the commonly asked question:
How Can Using a PEO/Employee Leasing Company Save Me Time and Money as a Small Business Owner?Below are the duties your company would be conducting
WITHOUT a PEO or Employee Leasing Company:
Payroll Administration Compute Payroll Compute Tips Compute Withholdings Track Vacation/PTO Compute Deductions Compute FICA Taxes Compute FUTA/SUTA Write Checks Reconcile Bank Accts Pay Payroll Taxes File Quarterly Reports Pay Late Penalties
| Employee Supervision Day-to-Day Supervision Determine Wages Employee Evaluations Disciplinary Notices Review Mgmt Reports Maintain Employee Files Review Dept. Costs Develop Handbooks Develop HR Manual Compliance Posters EEOC and DOL Claims | Hiring and Firing Advertise Job Openings Review Employment Apps Check References Employee Selection Discharge Notices Federal Compliance | Workers' Compensation Shop for Workers' Comp Pay High NOD Rates Pay Large Deposit Administer Claims Monthly/ Annual Audits Develop Safety Plans Investigate Fraudulent Worker's Comp Claims Write Safety Programs Administer Drug Testing Admin return to work Develop Safety Meetings OSHA Posters
| Employee Benefits Shop Benefits Administer Plans Health Insurance Section 125 Plan Disability Insurance Dental Insurance Life Insurance 401 K Administration Unemployment Claims Pay Premiums Administer COBRA Answer HIPPA Perform 5500 Testing
|
Below are the duties your company would be conducting
WITH a PEO or Employee Leasing Company:
Payroll Administration Send Payroll to PEO Write ONE Check Hand Out Checks
| Employee Supervision Day-to-Day Supervision Determine Wages Employee Evaluations Disciplinary Notices Review Mgmt Reports Review Dept. Costs
| Hiring and Firing Advertise Job Openings Review Employment Apps Check References Employee Selection Discharge Notices
| Workers' Compensation Report Claims
| Employee Benefits Nothing!
|
You can see just how much responsibilities would fall upon a PEO. Keep in mind that a PEO has more expertise and experience in handling these types of duties than the average business owner. While they are handling all your HR duties, you can go back to making your business grow.
As a business owner, you know that time is money. How much is your time worth? An in-depth analysis from BOSC can tell you exactly how much money different
Florida Professional Employer Organizations would charge to conduct the services listed above. BOSC is an independent consultant that works on your company's behalf to research and present the top PEOs that are best suited for your company's needs. BOSC has helped many local businesses save thousands on their HR related expenses. Read more about some of our
Orlando PEO companies we referred to clients that have helped their businesses save thousands every year.
Any
Professional Employer Organization in Florida will tell you that their services are the best for your business - but BOSC will tell you exactly which companies are recommended for the job AND hold them accountable to their promises. If hiring a Florida PEO is the best solution for your business, BOSC will make sure you have the best Florida PEOs to choose from. This allows you to take a step back even more and simply review a condensed version of each of their sales pitches without having to be sold by the sales rep. BOSC will give you their expert recommendations and you can simply choose the best plan without needing to do any research.
The best part of what BOSC does is that it's FREE for your business.
TIME = MONEY, so save both by using BOSC to help you find the best national or Florida Professional Employer Organization.