Monday 28 March 2011

Increasing Margins, Decreasing Headaches - Why Staffing Companies Are Turning to Employee Leasing

Managing a staffing company can feel a bit like running a three ring circus. You're constantly searching for qualified employees, selling your services to employers and juggling the proper amount of cash to keep the whole thing running smoothly.

Add all the administrative functions of dealing with payroll and insurance- and you're a certified ringmaster.

Many staffing companies are discovering the benefits of working with an employee leasing company/PEO (Professional Employer Organization). Why? Because employee leasing companies manage the hassles associated with payroll, workers' compensation, human resource and claims issues, so that you can focus on increasing your company's bottom line.

An employee leasing company provides online access to reports and employee information. In addition, the employee leasing company administers your quarterly tax reports and handles all of your payroll deposits and W-2's. One of the biggest reasons staffing companies are using this service is the drastic reduction they receive on their workers' compensation rates. Having no up front premium deposits or surprise audits, along with having their employees properly classified, is saving business owners thousands of dollars each year.

The employee leasing company becomes your administrative partner, handling all the aspects of your business that take up your time. You maintain control of the day-to-day operations of your company. The PEO is simply the administrative arm handling the annoying paperwork.

Can you save money by using employee leasing services? Yes! You'll save time and money. A PEO will allow you to concentrate on building and expanding your staffing business while controlling your administrative costs. How much your company saves depends on your current situation.

Whether your goals are to reduce the high costs of workers' comp insurance, simplify payroll administration, or attain a stronger benefits package for your employees - we can help! With over 1000 PEO/employee leasing companies that service different markets, states and industries, there may be only a handful that truly fit the needs of your staffing business. Let us help you find your proper fit.

Over the years, Employee Leasing Quotes.com has helped thousands of business owners - including staffing companies, gain access to the right employee leasing/PEO provider.

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