Your Cheval 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 Cheval 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.
At our firm, maintaining the accuracy of our partner information is a top priority. We conduct ongoing research on our partners to ensure our knowledge of their offerings and operations remains up-to-date. As part of this process, our team regularly connects with partners through calls and in-person visits. These engagements allow us to sustain strong working relationships over time. We also actively solicit timely notifications regarding contract renewals, carrier changes, and leadership transitions. Being attentive to organizational dynamics at our partner companies, such as shifts in executive or operational management structures, enables us to provide informed guidance to our clients. Leveraging our extensive experience in the industry, we have developed familiarity with best practices across numerous provider organizations. Here at our firm, integrity and trust form the foundation of our longest-standing partnerships.