Are you wondering how to find the Florida PEO that is right for your company?
Almost all PEO’s (Professional Employer Organizations) primarily perform the same functions for their business partners. Those duties being payroll processing, tax remittance, and workers’ compensation insurance administration.
The main difference between PEOs is the types of risk they are willing to take on. They base their decisions on business industry, claim history, and number of employees. At Alpha Business Solutions, we have 30+ years of PEO and payroll experience and can match you with the right Florida PEO for your business.
Why partner with a Florida PEO?
There are several reasons to partner with a PEO. For instance, brand new and/or small businesses sometimes find the only affordable way to get workers’ compensation coverage is to partner with a PEO. However, established and bigger businesses also benefit from the use of a PEO because the more employees they have, the more administrative work they will have.
Partnering with a PEO allows you to do things correctly from the moment you begin the hiring process. From reviewing applications, to tax forms and deductions, to workers’ comp claims, and HR issues, you have a partner there alongside you to guide you through the process.
When you go into business, it’s important for you to focus on your core functions so you can grow. Many business owners find they get bogged down and spend up to 25% of their work time on administrative tasks. Imagine having all of that that work taken off your plate so you can get back to doing what you intended.
A Florida PEO can also assist with acquiring affordable benefits for your staff. When you partner with a PEO they bring your employees under their umbrella. Under that umbrella they have access to a variety of health and other benefit plans that are usually unavailable to smaller businesses.