LAND O’LAKES PEO: WHY USE A PROFESSIONAL EMPLOYER ORGANIZATION?
A Professional Employer Organization (PEO) can provide aggregate buying power for businesses. Let us help you save on employee benefits, workers’ compensation and employer practices liability insurance.
WHAT IS A PEO?
PEO stands for Professional Employer Organization. It is a company which provides a co-employment situation, where your employees are also employees of the PEO in a shared responsibility and obligation agreement. The PEO will be the employer for payroll, workers’ comp, human resources, health and other benefits, while the client retains control of the employees on the worksite. Working together, the Land O’Lakes PEO and Client can achieve a safer workplace, streamline all the HR processes, spread out some of the risk, and ensure compliance with all local, state and federal regulations.
SB RECOMMEND CAN SAVE YOU TIME & MONEY
Business owners know that outsourcing can save them time and money. Many successful businesses use Professional Employer Organizations to transfer the administrative payroll and insurance responsibilities to the PEO. Many states, including Florida, refer to this as employee leasing (FS§468).
This unique relationship enables employers to purchase employer’s insurances, such as workers’ compensation and employee benefits, through a large group. This saves money, time, and reduces employer liability.
We research our partner companies to make certain our information is up to date and accurate. We call and visit with our partners to keep the relationship fresh. We request timely renewal information or carrier changes. We endeavor to learn the names of top management, as well as those in operations management and other key positions. Our longevity in the industry enables us to enjoy familiarity with many providers. Relationships thrive where integrity and trust are common values.