GIBSONTON PEO: WHY USE A PROFESSIONAL EMPLOYER ORGANIZATION?
A qualified Gibsonton 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 Gibsonton 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 Gibsonton PEO That Saves Companies Time And Money
Business owners know that outsourcing can save them time and money. Therefore, 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. As a result, this saves money, time, and reduces employer liability.
At Sam Bond Benefit Group, we regularly conduct due diligence on our partner organizations to ensure our data is current and precise. Through proactive outreach like phone calls and visits, we aim to maintain fresh relationships. We also request up-to-date information on renewals and carrier modifications. Learning the names of C-level executives as well as operational and other essential managers allows us to better understand our partners. With decades in the industry, we are familiar with many providers. Where shared core values of integrity and trust exist, relationships can flourish.