LITHIA PEO: WHY USE A PROFESSIONAL EMPLOYER ORGANIZATION?
A Lithia 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. Additionally, 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. In fact, working together, the Lithia 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.
SAM BOND BENEFIT GROUP IS A LITHIA PEO BROKER THAT SAVES COMPANIES TIME AND MONEY
Business owners know that outsourcing can save them time and money. Many successful businesses use Professional Employer Organizations (PEOs) to transfer administrative tasks like payroll and insurance responsibilities to the PEO. Many states, including Florida, refer to this as employee leasing (Florida Statute §468).
This unique relationship allows employers to purchase employer’s insurances, such as workers’ compensation and employee benefits, through a large group. This saves money, reduces time spent on administrative tasks, and reduces employer liability.
At Sam Bond Benefit Group, we research our partner companies to ensure our information is current and accurate. At our organization, we prioritize fostering robust and enduring partnerships through proactive communication channels. Our representatives initiate phone calls and conduct on-site visits to cultivate strong professional relationships with our valued partners. We diligently solicit timely information pertaining to contract renewals or any modifications to carrier arrangements. Furthermore, we make concerted efforts to familiarize ourselves with the key personnel within our partners’ organizations, including top-level management, operational leadership, and other pivotal roles. This approach enables us to deliver tailored and personalized services that align with our partners’ unique requirements and objectives. Our longevity in the industry allows us to have familiarity with many providers. Relationships thrive where integrity and trust are common values.