Employee Leasing Solutions

Diving Service Companies - Employee Leasing Programs, PEO Programs and Worker's Compensation Insurance Coverage

PEO programs for Diving Service companies

Diving Service Employee Leasing quotes

StaffMarket has PEO and employee leasing programs available for Diving Service 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 Diving Service 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 Diving Service 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 Diving Service company’s opportunity for success and profit.

What can a PEO do for your company?

Payroll Administration

While many payroll services options are available for Diving Service companies, a professional employer organization (PEO) will take it one step further. In addition handling all payroll calculations for wages, taxes and benefits deductions, a PEO will also directly remit amounts due to the taxing authorities (state and federal) and also provide all insurance premiums to the carrier. Your company avoids the risk of fines for late payments. A PEO will ensure that your Diving Service company employees get advantageous tax treatment (section 125) so that any deductions for health insurance get deducted prior to tax calculations. Learn more about PEO payroll services.

Work Comp Insurance Coverage

If your Diving 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 Diving 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 Diving 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 Diving 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.

Diving Service - PEO and Employee Leasing Considerations

Hiring a Diving Service PEO or a company that provides Diving Service employee leasing services can be a smart move for your business. Let StaffMarket help your Diving Service company review all of the PEO alternatives available in marketplace and find the best fit for you.

To discuss the viability of a Diving Service PEO or Diving 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 Diving Service Employee leasing quotes for your company.

How many PEO and Employee Leasing companies can service your Diving 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 Diving Service companies and associated SIC codes - Standard Industrial Classification. Related SIC code definition for Diving Service 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 Diving 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 Diving 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.



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