Since 2000 StaffMarket has assisted over 5500 companies
obtain proposals and evaluate PEO and HR Outsourcing solutions.
Buyers Guide for Employee Leasing Services
Fundamental Employee Leasing Services
Now that you understand the Employee Leasing concept, let's review specific value added services
commonly delivered by a Employee Leasing company.
Safety and Risk Management
Depending on the type of work you do,
workers’ compensation insurance coverage
can be difficult to obtain and/or a significant expense. Since a Employee Leasing company can cover
your employees under their master work comp policy, they are motivated to keep
work comp costs in check. For a Employee Leasing company, lots of employee claims can cause a
high insurance premium, which in turn causes them to have an
uncompetitive marketplace offering. To keep costs in check a Employee Leasing company will:
-
Assist your company with implementing or improving a safety program
-
Work to ensure that any claims are resolved quickly and effectively
-
Annually shop the insurance markets for the best coverage values
A Employee Leasing company is a motivated partner in improving workplace safety and keeping claims in check.
Finding a Employee Leasing company that can cover the worker’s compensation risks can sometimes be challenging
since each has some risk types they cannot allow. StaffMarket
has profiled the allowable risk types for hundreds of Employee Leasing companies and can focus
your search on the Employee Leasing companies that will accept your type of workers.
Payroll Processing and Tax Remittance
Payroll administration
is a basic function of a Employee Leasing company This includes variety of payment methods, including
payroll check, direct deposit and, in some cases, debit card arrangements. Payroll input
methods include phone, fax and the Internet. Employee Leasing companies support hourly, salary, commissioned
tipped and piece-work payment based employees. Employee Leasing companies provide tax reporting and compliance
and filing local, state and federal government paperwork (W2s, W4s, FICA, etc). Employee Leasing companies also
ensure that all court ordered payments and garnishments are collected and remitted to
the appropriate authority. In addition a Employee Leasing company will ensure that all payroll deductions for
insurance or benefits will get the appropriate tax treatment (section 125 pretax) if
eligible.
Employee Benefits and Plan Administration
Employee Leasing companies can offer
employee benefits plans
that cover the spectrum of coverage types. Plans
are available for
HMO
and
PPO
health insurance plans. In addition plans are available for
supplemental insurance like vision, long term disability, short term disability and
life insurance. Also programs are available for
401K
,
Flexible Spending Accounts (FSA)
and
Health Savings Accounts (HSA)
. Using a Employee Leasing company can quickly enable your company to get
competitive pricing for health insurance and employee benefits.
Human Resources – HR Administration
A Employee Leasing company will help ensure that your company is compliant with the myriad of rules and
regulations related to Human Resources.
HR Administration
with a Employee Leasing company ensures that
basics like employee handbooks and labor-law posters are in place at your company. A
Employee Leasing company acts as your off-site HR department, offering consultation in the areas of sexual
harassment, employment discrimination, FMLA (Family Medical Leave Act), hiring and
firing practices and a number of other areas.
StaffMarket Services, LLC
431 12th Street West, Suite 202
Bradenton, Florida 34205
(get map)
Phone: 941-750-9450
-
Fax: 877-471-5608
Office hours are 9:00am to 5:00pm EST
Send e-mail to:
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2008
StaffMarket Services. All rights reserved.
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