Bookkeeping Service Companies - Employee Leasing Solutions, PEO and Work Comp - Workers' Compensation Insurance
PEO programs for Bookkeeping Service companies
Bookkeeping Service Employee Leasing quotes
If you own or manage a Bookkeeping Service company, StaffMarket may have a PEO – employee leasing program that can help your company. Professional Employer Organizations (PEO) have helped thousands of small and mid-sized businesses obtain better employee benefits for their employees and access competitively priced workers’ compensation insurance.
Like many companies, Bookkeeping Service business owners and managers have discovered that as their business grows, the administrative aspects require more and more time. Eventually the company needs to hire additional administrative staff or outsource those tasks to a third party. As the regulatory and legal environment for business gets more complicated many companies have hired a PEO or employee leasing company to handle those non-revenue producing activities that do not enhance the Bookkeeping Service company's bottom line.
What can a PEO do for your company?
Payroll Management
Regardless of the way a Bookkeeping Service 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.
Work Comp Insurance Coverage
If your Bookkeeping Service company is located in any state except Texas, workers’ compensation insurance coverage is mandated by your state government. Companies operating without a policy to cover employees risk significant fines and personal liability for on the job injuries. When you hire a PEO, their work comp policy provides the coverage for your employees. A PEO will also work to establish a safety program for your Bookkeeping Service company and ensure that all claims are managed. Work comp insurance can be a significant for many business and PEOs can often offer a significant savings. Learn more about PEO workers' compensation insurance.
Employee Benefits and Health Insurance
Access to “Fortune 500” level employee benefits is possible with a PEO… depending on your needs. A range of plans are available for PPO, HMO, and HSA programs. StaffMarket will help you find a PEO program that fits your Bookkeeping Service company’s employee benefit needs. Providing a comprehensive employee benefit plans for your employees is optional with a PEO, but many employers have found that offering employee benefits like health insurance improves their employee retention and lowers their costs from turnover. Learn more about PEO Employee Benefits.
HR Administration
Progessive Bookkeeping Service 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.
Bookkeeping Service - PEO and Employee Leasing Considerations
Hiring a Bookkeeping Service PEO or a company that provides Bookkeeping Service employee leasing services can be a smart move for your business. Let StaffMarket help your Bookkeeping Service company review all of the PEO alternatives available in marketplace and find the best fit for you.
To discuss the viability of a
Bookkeeping Service PEO or
Bookkeeping Service 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
Bookkeeping Service Employee leasing quotes for your company.
How many PEO and Employee Leasing companies can service your Bookkeeping Service 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 Bookkeeping Service companies and associated SIC codes - Standard Industrial Classification.
StaffMarket’s counts of PEO companies covering these related business types:
| SIC Code | Industry Description | StaffMarket PEO Count |
| 8721 | Accounting, Auditing, and Bookkeeping Services | 208 solutions available ** |
** All 50 states. The best PEO solutions will also depend on your operating state. Your StaffMarket
Request for PEO quotes will narrow this number to only solutions available in your area.
Estimated Federal Regulatory Costs per Employee:
PEOs offer some relief (in the form of assistance) from the regulatory burdens often faced by Bookkeeping Service 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
Bookkeeping Service
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.
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:
StaffMarket Information
Copyright
2008
StaffMarket Services. All rights reserved.
StaffMarket and StaffMarket.com are registered trademarks of StaffMarket Services, LLC.
Patent Pending
StaffMarket Sitemap