Security Trader Companies - Employee Leasing Programs, PEO and Worker's Compensation Insurance Coverage
PEO programs for Security Trader companies
Security Trader Employee Leasing quotes
If you own or manage a Security Trader 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.
When your Security Trader companies engages a PEO, the PEO will act as your outsourced human resources department. Your managers will have time to focus on growing the business instead of handling administrative tasks. By eliminating the non-revenue producing activities like payroll, tax filing, unemployment claims management, worker’s compensation insurance administration and benefit plan management, your Security Trader business will be able to focus on new sales and revenue growth.
What can a PEO do for your company?
Payroll Administration
While many payroll services options are available for Security Trader 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 Security Trader 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.
Workers’ Compensation Insurance
When you join a PEO, workers compensation insurance is part of the package. Depending on your claims history many Security Trader 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 Benefits
Finding a PEO that provides the “best-fit” employee benefits program for your Security Trader 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 Security Trader company. Learn more about PEO Health Insurance and Employee Benefits.
Human Resources Administration
PEO companies can also assist your Security Trader company handle various HR issues like employee handbooks and pre-employment background screening. A PEO will act as your off-site HR department and will assist will all HR related subjects. With the increased litigation occurring regarding HR related areas, having a HR expert on your team is benefiting companies across the USA. In addition it ensures that your most valuable resource… your employees and managers, are getting solid guidance on HR related subjects.Learn more about PEO Human Resources Administration.
Security Trader - PEO and Employee Leasing Considerations
Hiring a Security Trader PEO or a company that provides Security Trader employee leasing services can be a smart move for your business. Let StaffMarket help your Security Trader company review all of the PEO alternatives available in marketplace and find the best fit for you.
To discuss the viability of a
Security Trader PEO or
Security Trader 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
Security Trader Employee leasing quotes for your company.
How many PEO and Employee Leasing companies can service your Security Trader 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 Security Trader 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 |
| 97 | National security and international affairs | 211 solutions available ** |
| 9711 | National Security | 206 solutions available ** |
| 8748 | Safety Consulting and Security Consulting | 202 solutions available ** |
| 62 | Security, commodity brokers, and services | 210 solutions available ** |
| 6211 | Security Brokers, Dealers, and Flotation Companies | 209 solutions available ** |
| 6211 | Security Dealers and Underwriters | 209 solutions available ** |
| 6211 | Security Brokers | 209 solutions available ** |
| 6231 | Security and Commodity Exchanges | 210 solutions available ** |
| 7382 | Security Systems Services | 205 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 Security Trader 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
Security Trader
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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