Alterations Companies - Employee Leasing Programs, PEO Programs and Insurance for Workmans Comp Coverage
PEO programs for Alterations companies
Alterations Employee Leasing quotes
StaffMarket has PEO and employee leasing programs available for Alterations companies across the United States. Over 10,000 companies have engaged StaffMarket to provide single point access to the entire Professional Employer Organization (Peo) industry.
Your Alterations company is in business to make money. As a business manager your goals should be simple. Increased revenue (sales), decreased costs (expenses) equals more profit. However many times the administrative aspects of running a Alterations business can overwhelm even the hardest working owners and managers. Spending precious executive time handling these tasks often means that a focus on revenue growth gets shortchanged. Engaging a PEO to handle these non-revenue producing activities can improve your Alterations company’s opportunity for success and profit.
What can a PEO do for your company?
Payroll Management
Regardless of the way a Alterations company handles payroll, a PEO will work with your preferred method. PEOs are adept at handling all types of payrolls including, hourly, salaried commissioned and piece-work based wages. A PEO will also handle all tax withholding and payments to the government. Using a PEO ensures that your payroll is handled properly. Learn more about PEO payroll services.
Workers’ Compensation Insurance
When you join a PEO, workers compensation insurance is part of the package. Depending on your claims history many Alterations companies have found that using a PEO offers significant savings for work comp insurance. A PEO will provide advice on workplace safety so that employee injuries are minimized. In addition, no large deposits are required since the work comp insurance is “pay as you go”. Finding a PEO that provides work comp coverage for companies can be a challenge, however StaffMarket can help you find a program that fits your company.Learn more about PEO workers compensation insurance.
Health Insurance and Benefits
As the cost for health insurance has spiraled in the last few years, PEOs have been at the forefront of the battle to constrain costs for Alterations companies and other small (and mid-sized) employers. If your company wants to offer your employees access to an array of benefits provided by the nation’s best insurance carriers, you need to investigate employee leasing with a PEO. Learn more about PEO Health Insurance and Employee Benefits.
HR Administration
Progessive Alterations companies understand the importance of the effective management of human resources for their company. An employee leasing program can assist your management team with a multitude of HR tasks including hiring, firing and administering the workforce. Learn more about PEO HR Administration.
Alterations - PEO and Employee Leasing Considerations
Hiring a Alterations PEO or a company that provides Alterations employee leasing services can be a smart move for your business. Let StaffMarket help your Alterations company review all of the PEO alternatives available in marketplace and find the best fit for you.
To discuss the viability of a
Alterations PEO or
Alterations employee leasing services, contact StaffMarket for free quotes and consultation.
Note: HR Outsourcing services are available as a Professional Employer Organization (PEO)
or by providing HR administrative services as an Administrative Services Organization (ASO). Contact
StaffMarket for assistance with the
HR Outsourcing types and options available and to get
Alterations Employee leasing quotes for your company.
How many PEO and Employee Leasing companies can service your Alterations company?
StaffMarket’s national database of Professional Employer Organization - PEO capabilities contains information about the types of companies that can provide workers’ compensation insurance for Alterations companies and associated SIC codes - Standard Industrial Classification. Related SIC code definition for Alterations companies can be ambiguous. Contact StaffMarket for assistance with your proper SIC code.
Estimated Federal Regulatory Costs per Employee:
PEOs offer some relief (in the form of assistance) from the regulatory burdens often faced by Alterations companies.
According to a 2005 study provided by the Small Business Administration (See Page 13),
the regulatory burdens on small and medium sized business are:
Type of Regulation |
All Firms |
<20 Employees |
20-499 employees |
500+ employees |
| All Federal Regulations |
$5,633 |
$7,647 |
$5,411 |
$5,282 |
| Economic |
$2,567 |
$2,127 |
$2,372 |
$2,952 |
| Workplace |
$922 |
$920 |
$1,051 |
$841 |
| Environmental |
$1,249 |
$3,296 |
$1,040 |
$710 |
| Tax Compliance |
$894 |
$1,304 |
$948 |
$780 |
According to this SBA study, the regulatory costs for Workplace compliance and Tax compliance averages $2,000 per employee per year
for companies with less than 500 employees. PEO and employee leasing programs often cost less than half this amount.
PEO and employee leasing programs can help reduce federal regulatory costs to your
Alterations
company or any other type of business.
In addition this table does not include any costs for State regulatory burdens (like state unemployment taxes or state imposed workers’ compensation insurance costs).
These costs are often significant amounts in addition to the amounts shown here.
Learn more about PEO and employee leasing cost savings.
Research Employee Leasing and PEO programs for other business types.
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