Room Boarding Home Companies - Employee Leasing Services, PEO and Insurance for Workmans Comp Coverage
PEO programs for Room Boarding Home companies
Room Boarding Home Employee Leasing quotes
If you own or manage a Room Boarding Home 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, Room Boarding Home 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 Room Boarding Home company's bottom line.
What can a PEO do for your company?
Payroll Administration
While many payroll services options are available for Room Boarding Home 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 Room Boarding Home 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 Room Boarding Home 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 Room Boarding Home 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.
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 Room Boarding Home 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 Room Boarding Home 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.
Room Boarding Home - PEO and Employee Leasing Considerations
Hiring a Room Boarding Home PEO or a company that provides Room Boarding Home employee leasing services can be a smart move for your business. Let StaffMarket help your Room Boarding Home company review all of the PEO alternatives available in marketplace and find the best fit for you.
To discuss the viability of a
Room Boarding Home PEO or
Room Boarding Home 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
Room Boarding Home Employee leasing quotes for your company.
How many PEO and Employee Leasing companies can service your Room Boarding Home 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 Room Boarding Home 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 |
| 182 | Mushrooms, Growing Of | 204 solutions available ** |
| 70 | Hotels, rooming houses, camps, and other lodging places | 210 solutions available ** |
| 7021 | Rooming and Boarding Houses | 209 solutions available ** |
| 3991 | Brooms and Brushes | 210 solutions available ** |
| 2541 | Wood Lunchroom Tables and Chairs | 209 solutions available ** |
| 2542 | Lunchroom Tables and Chairs (except wood) | 210 solutions available ** |
| 2542 | Except Lunchroom Tables and Chairs (except wood) | 210 solutions available ** |
| 3261 | Vitreous China Plumbing Fixtures and China and Earthenware Fittings and Bathroom Accessories | 210 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 Room Boarding Home 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
Room Boarding Home
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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