Trade Associations Companies - Employee Leasing Programs, PEO and Insurance for Workmans Comp Coverage
PEO programs for Trade Associations companies
Trade Associations Employee Leasing quotes
If you own or manage a Trade Associations 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, Trade Associations 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 Trade Associations company's bottom line.
What can a PEO do for your company?
Payroll Administration
While many payroll services options are available for Trade Associations 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 Trade Associations 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 Trade Associations 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 Trade Associations 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 Benefits
Finding a PEO that provides the “best-fit” employee benefits program for your Trade Associations 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 Trade Associations company. Learn more about PEO Health Insurance and Employee Benefits.
HR Administration
Progessive Trade Associations 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.
Trade Associations - PEO and Employee Leasing Considerations
Hiring a Trade Associations PEO or a company that provides Trade Associations employee leasing services can be a smart move for your business. Let StaffMarket help your Trade Associations company review all of the PEO alternatives available in marketplace and find the best fit for you.
To discuss the viability of a
Trade Associations PEO or
Trade Associations 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
Trade Associations Employee leasing quotes for your company.
How many PEO and Employee Leasing companies can service your Trade Associations 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 Trade Associations 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 |
| 17 | Special trade contractors | 205 solutions available ** |
| 1799 | Special Trade Contractors, NEC | 184 solutions available ** |
| 1799 | All Other Special Trade Contractors | 184 solutions available ** |
| 7389 | Embroidery of Advertising on Shirts and Rug Binding for the Trade | 195 solutions available ** |
| 7389 | Apparel Pressing for the Trade | 195 solutions available ** |
| 7389 | Convention and Trade Show Services | 195 solutions available ** |
| 8249 | Other Technical and Trade Schools | 206 solutions available ** |
| 6081 | International Trade Financing | 210 solutions available ** |
| 6081 | Agencies of Foreign Banks, Except International Trade Financing | 210 solutions available ** |
| 6082 | Foreign Trade and International Banking Institutions | 210 solutions available ** |
| 6082 | International Trade Financing | 210 solutions available ** |
| 6082 | Except International Trade Financing | 210 solutions available ** |
| 6111 | Trade Banks | 209 solutions available ** |
| 6159 | Trade Banks | 208 solutions available ** |
| 6792 | Oil Royalty Traders | 210 solutions available ** |
| 4226 | General Warehousing in Foreign Trade Zones | 210 solutions available ** |
| 50 | Wholesale trade--durable goods | 209 solutions available ** |
| 51 | Wholesale trade--nondurable goods | 210 solutions available ** |
| 2395 | Pleating, Decorative and Novelty Stitching, and Tucking for the Trade | 210 solutions available ** |
| 3555 | Printing Trades Machinery and Equipment | 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 Trade Associations 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
Trade Associations
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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