Welding Shop Employee Leasing quotes
Welding Shop 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 Welding Shop business can obtain access to competitively priced workers’ compensation insurance and provide better employee benefits for their employees.
Like many companies, Welding Shop 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 Welding Shop company's bottom line.
When your Welding Shop 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 Welding Shop 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
Access to “Fortune 500” level employee benefits is possible with a PEO… depending on your needs. A range of plans are available for PPO, HMO, and HSA programs. StaffMarket will help you find a PEO program that fits your Welding Shop company’s employee benefit needs. Providing a comprehensive employee benefit plans for your employees is optional with a PEO, but many employers have found that offering employee benefits like health insurance improves their employee retention and lowers their costs from turnover. Learn more about PEO Employee Benefits.
Progessive Welding Shop 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.
Hiring a Welding Shop PEO or a company that provides Welding Shop employee leasing services can be a smart move for your business. Let StaffMarket help your Welding Shop 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 Welding Shop 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 Welding Shop 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 |
| 7692 | Welding Repair | 207 solutions available ** |
| 3548 | Electric and Gas Welding and Soldering Equipment | 210 solutions available ** |
| 3548 | Except Transformers for Arc-Welding | 210 solutions available ** |
| 3548 | Transformers for Arc-Welding | 210 solutions available ** |
| 3699 | Laser Welding and Soldering Equipment | 209 solutions available ** |
PEOs offer some relief (in the form of assistance) from the regulatory burdens often faced by Welding Shop 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 Welding Shop 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
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