Video Rentals Employee Leasing quotes
Video Rentals companies across the United States are often turning to PEOs and employee leasing programs to improve operating efficiencies in their companies. Companies involved in the Video Rentals business can obtain access to competitively priced workers’ compensation insurance and provide better employee benefits for their employees.
Like many companies, Video Rentals 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 Video Rentals company's bottom line.
When your Video Rentals 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.
If your Video Rentals 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 Video Rentals 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.
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 Video Rentals 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.
Using a PEO can help administrate your Video Rentals 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 Video Rentals PEO or a company that provides Video Rentals employee leasing services can be a smart move for your business. Let StaffMarket help your Video Rentals 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 Video Rentals 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 Video Rentals 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 |
| 7812 | Motion Picture and Video Tape Production | 211 solutions available ** |
| 7819 | Reproduction of Video | 211 solutions available ** |
| 7822 | Motion Picture and Video Tape Distribution | 211 solutions available ** |
| 7822 | Prerecorded Video Tapes (Wholesaling of) | 211 solutions available ** |
| 7841 | Video Tape Rental | 211 solutions available ** |
| 3651 | Household Audio and Video Equipment | 211 solutions available ** |
PEOs offer some relief (in the form of assistance) from the regulatory burdens often faced by Video Rentals 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 Video Rentals 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.
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