What Kind of Companies Use a PEO? Companies Like Yours.

Small and medium sized businesses across the USA are using StaffMarket to assess the benefit of hiring a Professional Employer Organization to improve their efficiency and enhance the benefits for their workforce. Every company is unique in their needs and the PEO industry offers a wide range of services to fit their demands.

Why Companies Hire a PEO

Some companies are motivated by the significant cost or worker’s compensation insurance which is on the rise in many states. For these clients, PEOs can offer workers’ compensation insurance at a significant cost reduction, with the advantage of assisting in safety programs that help reduce experience mod rates. Others are seeking to ensure regulatory compliance for employment related obligations in hiring and employee management. Some companies main focus is outsourcing non-revenue related tasks (like payroll and employment taxes) to a third party, thus freeing their management staff to focus on business objectives like revenue growth and product quality. Finally many companies need access to quality health insurance and expanded employee benefit programs. Furthermore, the implementation of the PPACA with all of its regulatory reporting demands, fines and penalties and financial impacts creates even more need for companies to partner with a PEO.

Here are just a few of the companies currently using StaffMarket to review their PEO options:

This company is a printing manufacturer of labels and ribbons. They are interested in the outsourcing of all HR and benefits admin overhead. Type of business: Commercial Printing, NEC (screen printing), Commercial Printing, NEC (quick printing), Com Colorado - 17 employees

This company is a start up company that will provide live events and online training of smart phones and tablets to senior citizens. They are about to sign agreements with AARP and ATT and need to get payroll and benefits in place soon. They will start with 4 EEs located in GA and 1 in DC. Within 4 months they expect to hire another 6 to 7 EEs and then another 15 - 20 by year's end. The EEs will include sales, web designers, curriculum developers and event coordinators. Two of the original founders have COBRA until late July. The EE count and payroll on this RFP are over stated as all 10 of the part time EEs listed will actually be 1099s. A census is being completed and a more accurate EE count and payroll should come from it. Type of business: Prepackaged Software (software publishing), Computer Integrated Systems Design Georgia - 15 employees

This company has two operations but are both under the same FEIN. One does electro plating and the other is a fastener distribution business. They do not have W/Comp but is interested in adding it. He is verbally claiming zero incidents over the last 3 years plus. They also do not have any group medical but he is interested in adding it if he can find an affordable solution. So instead of gathering all of the required underwriting documentation at this point, I'm suggesting that you contact this company and discuss high level rates first to see if they are feasible in his situation and if so, then go about collecting the required underwriting documentation. Type of business: Coating, Engraving, and Allied Services, NEC (except jewelry, silverware, and flatware eng Texas - 42 employees

This is a start up soft pressure washing business. Type of business: Disinfecting and Pest Control Services (except exterminating), Building Cleaning and Maint Virginia - 2 employees

This is basically a start up tech company. They are currently part of an inculbator company and will be pulling out to be independent in 60 to 90 days. At that point they expect to have 4 to 10 EEs, and expect to grow up to 100 to 200 EEs. The contact would not tell me what they do but said most of the new EEs will be software engineers and the average salary should be around $120,000. Type of business: Prepackaged Software (software publishing), Computer Integrated Systems Design California - 5 employees

This is the former client we exchanged emails about yesterday. Carrie! Type of business: Concrete Work (stucco construction) Florida - 27 employees

This company is a non-profit contractor to a county that provides recruitment, hiring and training assistance to business and job seekers. They currently provide a BCBS PPO and HMO and would like to continue to offer both PPO and HMO. They also have a 401k that is set up with a 3% match. They cunrrently offer dental, STD, LTD and Life. They also have a youth internship program that runs about $50,000/yr payroll. They are looking to simplify HR by combining under one service point of contact. They are also interested in accessing more professional HR expertise and they are also interested in possably reducing their group medical costs. The contact is having difficulty finding a copy of their renewal but he knows the increase was 12%. A good deal of underwriting documentation has been collected and will be forwarded on to you by request. Type of business: Administration of Veterans' Affairs, Except Health and Insurance Illinois - 16 employees

Company is one of the largest commercial tire dealers in the southwest. They have locations in the following states: Az,Nm,Nv,Co,Tx. They are primarily interested in how a Professional Employer Organization can help them with risk management. Specifically, they have a client that requires they show an Exp Mod of lower than 1.15, so make sure you'll be able to accommodate this need if you participate. They would also like to look at benefits, as they had a 30% increase in their renewal in Dec 2012. Type of business: Auto and Home Supply Stores (tires and tubes), Auto and Home Supply Stores (other auto and Arizona - 244 employees

Company is purchasing an ophthalmology practice from a hospital. They want to see how a Professional Employer Organization can help them with administration, and benefits. Type of business: Offices and Clinics of Doctors of Medicine (mental health specialists), Offices and Clinic Michigan - 4 employees

This company is a mobile fleet car wash company. His primary issue is seeing if he can reduce is W/C costs. Loss runs are attached. Type of business: Automotive Services, Except Repair and Carwashes (towing) California - 37 employees

This company designs and installs residential and commercial audio/video systems. Their main objective is to try to reduce their W/C costs. They are also interested in seeing your rates for medical as well but it is not their priority. Type of business: Masonry, Stone Setting and Other Stone Work California - 35 employees

Company Hauls aggregate materials to various locations. They also haul asphalt for sites for road and parking lot installations. . Type of business: Local Trucking Without Storage (household goods moving), Local Trucking without Storage (s Florida - 6 employees

This company is a roofing and siding contractor. They've utilized AMS in the past but it appears they've had lapsed W/C coverage over part of the last year. Loss documentation is attached. Type of business: Construction Materials, NEC (sold via wholesale method) South Carolina - 5 employees

Company is an independent producer for a life insurance company. He currently uses a Professional Employer Organization, but has been shown a double digit increase in his health rates. Your contact is the HR manager at the home office. She will provide necessary information to produce a quote. They would like to make a change as soon as possible. Thank you. Type of business: Life Insurance (reinsurers), Accident and Health Insurance (disability insurers-direct) New York - 4 employees

Company is a spin-off of a partnership. Currently they are doing about 60% residential and 40% commercial. They primarily do single family residences and condos. Complete submission is available through StaffMarket. . Type of business: General Contractors-Residential Building, Other Than Single-Family (except hotel and motel Florida - 24 employees

This company is a commercial/industrial electrical systems contractor. They are interested in a Professional Employer Organization as a way to simplify their payroll, tax and union administration. They are only interested if they can keep their current W/C coverage. Type of business: Masonry, Stone Setting and Other Stone Work Idaho - 55 employees

Company is a Landscape gardener. They are being non-renewed by their workers comp carrier. Complete payroll, workers comp and loss history are available through Staffmarket. . Type of business: Landscape Counseling and Planning (horticulture consulting), Lawn and Garden Services Illinois - 20 employees

This new company is an IT software development company. They have never utilized a Professional Employer Organization and they are now interested to learn how they may benefit from one. They currently have a group United plan that they feel is very high and that is one of the areas they are hopping a Professional Employer Organization can help. They are also interested in how a Professional Employer Organization can help them with better HR practices and making them more efficient by integrating payroll and all other services under a single provider. They also provide dental and vision by Principle, STD and they just added a non-matching 401k. They are interested in adding LTD. They currently do not carry W/C coverage. A census, plan description and renewal notice and SUTA rate have been requested. They are under re-enrollment now so you will need to move quickly. Type of business: Record and Prerecorded Tape Stores Texas - 27 employees

This company is a towing and roadside assistance provider. They have used Professional Employer Organization in the past and are now looking to utilize one again. The contact is working to obtain loss runs but did say they had two incidences a couple years back where other drivers had rear-ended their trucks. Those reports will be forwarded as soon as they are received. Type of business: Automotive Services, Except Repair and Carwashes (automotive window tinting), Automotive S Alabama - 26 employees

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StaffMarket works with 453 PEOs with over $23 Billion in annual sales. Join over 107,000 businesses and 1,600,000 employees who are getting quality services and benefits with a StaffMarket PEO.

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Spotlight PEO for
Wednesday, June 19, 2013:
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