Record Keeping Service Employee Leasing quotes
StaffMarket has PEO and employee leasing programs available for Record Keeping 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.
Like many companies, Record Keeping 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 Record Keeping Service company's bottom line.
When your Record Keeping Service company hires a professional employer organization, payroll is part of the package. The PEO will handle all payroll calculations. You set the pay rates and report the hours and the PEO does the rest. All taxes, withholding and benefits premiums (if desired) are deducted from the payroll checks and remitted to the proper taxing authorities or benefit carriers. In addition pre-tax (section 125 treatment) values are calculated so that your staff gets the maximum tax advantage possible. Payroll amounts may be delivered via check (including multiple locations) or direct deposited to the employee’s bank. Learn more about PEO payroll services.
When you join a PEO, workers compensation insurance is part of the package. Depending on your claims history many Record Keeping Service 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
Finding a PEO that provides the “best-fit” employee benefits program for your Record Keeping Service company can be challenging. PEOs offer a wide variety of coverage plans and administrative options for managing your employee benefits plans. As the cost for health insurance has increased, PEOs have worked hard to keep costs in check. Contact StaffMarket for more information about PEO benefit plans available for your Record Keeping Service company. Learn more about PEO Health Insurance and Employee Benefits.
Using a PEO can help administrate your Record Keeping Service company workforce. PEOs offer a full suite of HR related services that ensure your company is following the best practices available for your workers. The HR area can be a mine field of risks for the managers with out formal HR training or on-call expertise. Learn more about PEO HR Administration.
Hiring a Record Keeping Service PEO or a company that provides Record Keeping Service employee leasing services can be a smart move for your business. Let StaffMarket help your Record Keeping Service company review all of the PEO alternatives available in marketplace and find the best fit for you.
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 Record Keeping Service Employee leasing quotes for your 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 Record Keeping 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 |
| 7389 | Sound Recording Studios | 195 solutions available ** |
| 7822 | Prerecorded Video Tapes (Wholesaling of) | 210 solutions available ** |
| 8999 | Record Production | 207 solutions available ** |
| 5735 | Record and Prerecorded Tape Stores | 210 solutions available ** |
| 3579 | Time Clocks and Other Time Recording Devices | 209 solutions available ** |
| 3652 | Phonograph Records and Prerecorded Audio Tapes and Disks | 210 solutions available ** |
| 3652 | Reproduction of Recording Media | 210 solutions available ** |
| 3652 | Integrated Record Companies, Except Duplication Only | 210 solutions available ** |
| 3695 | Magnetic and Optical Recording Media | 210 solutions available ** |
PEOs offer some relief (in the form of assistance) from the regulatory burdens often faced by Record Keeping 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 Record Keeping 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.
StaffMarket Services, LLC
Research Employee Leasing and PEO programs for other business types.
431 12th Street West, Suite 202
Bradenton, Florida 34205
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Phone: 941-750-9450
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Fax: 877-471-5608
Office hours are 9:00am to 5:00pm EST
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