NEW TAMPA PEO: WHY USE A PROFESSIONAL EMPLOYER ORGANIZATION?
A New Tampa 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 New Tampa 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: A New Tampa PEO Broker Offering Cost-Effective Solutions
Savvy business owners recognize the value of outsourcing to streamline operations and reduce expenses. Many successful enterprises leverage Professional Employer Organizations (PEOs) to delegate administrative payroll and insurance responsibilities. In Florida, this practice is referred to as employee leasing (FS§468).
This unique arrangement enables employers to procure employer’s insurances, such as workers’ compensation and employee benefits, through a large group, thereby realizing significant cost savings, time efficiencies, and reduced employer liability.
At Sam Bond Benefit Group, we rigorously research our partner companies to ensure the accuracy and currency of our information. In fact, we maintain open communication channels, conducting regular calls and on-site visits to cultivate strong relationships. We proactively request timely renewal information or carrier changes, and make a concerted effort to familiarize ourselves with key personnel, including top management, operations managers, and other critical roles. Our longstanding industry presence affords us the advantage of familiarity with numerous providers. Fostering relationships built on integrity and trust is a cornerstone of our approach.