DOVER PEO: WHY USE A PROFESSIONAL EMPLOYER ORGANIZATION?
A Dover 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. With a PEO 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 Dover 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 DOVER PEO THAT SAVES COMPANIES TIME AND MONEY
Business owners know that outsourcing can save them time and money. As a result, 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 Sam Bond Benefit Group, our research team continuously monitors Dover PEO partner company developments to ensure our data remains current and precise. Through regular engagements including calls and visits, we nurture our vital partnerships. We solicit timely updates on matters like renewals or carrier modifications. Additionally, we strive to familiarize ourselves with executives both at the helm and also in operational leadership and other pivotal roles. Our longevity in the industry enables us to enjoy familiarity with many providers. Relationships thrive where integrity and trust are common values.