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Services - Employee Leasing (PEO)
What's a PEO?
A Professional Employer Organization (PEO) is not a staffing agency, a temporary staffing firm, payroll service or placement agency. A PEO serves as your Human Resource department, providing a full range of services.
PEO is a co-employment relationship where Corporate Solutions and your company become co-employers of your staff. Corporate Solutions is responsible for payroll administration (including filing local, state, and federal government paperwork (W2s, W4s, FICA, etc.), workers compensation, unemployment, insurance, payroll taxes, medical benefits and government compliance. You still maintain control of hiring, firing, on-site supervision and the daily operations of business. |
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Payroll Services |
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Tax Reporting & Compliance |
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Employee Benefits Administration |
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Risk Management |
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Workers Compensation |
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Unemployment Cases |
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Human Resources |
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Employment Administration |
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Employer Liability Services |
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Benefits of PEO
The biggest benefit of PEO is that you have more time to run your business because you spend less time on administrative chores. Better managed labor costs by spreading the risks of workers compensation and unemployment insurance over thousands of workers. You also have the ability to attract and retain better employees by offering top-notch benefits. Plus, you'll be in compliance with tax and employment laws and regulations.
On-Site Services Available
Corporate Solution's On-Site Services can minimize your time in overseeing, tracking and supervising a large number of temporary employees. We can provide a dedicated on-site manager or supervisor for your company to handle all aspects of employee management, training and reporting, while also ensuring you get quality service 100% of the time.
Corporate Solutions is your solutions provider for all your Human Resource and employment needs. We offer the following benefits to clients:
Group Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Direct Deposit
Outsource Offsite Personnel
Does your company have satellite offices or off-site contractors? It may be easier for you to outsource that portion of your payroll to us. We can handle the complete HR function indefinitely for your offsite personnel.
How Much Can PEO Save You?
By taking advantage of Corporate Solution's PEO, you will save the costs associated with your current human resources department, including payroll and overhead. Of course, how much that will save is different for every company, but let's review the weekly savings of a current client:
| PAYROLL EXPENSE |
Client's Current Cost |
Our
PEO Cost |
| Employee Payroll: Banking Cost & Payroll Service |
$160 |
$0 |
| Tax Liability: FICA, FUTA & SUTA (standard rate) |
$1,115 |
$1,115 |
| Record Keeping: Vacation & sick pay, court deductions |
$100 |
$0 |
| Tax Deposits: W-2's, Department of Labor, 941 & 940 |
$120 |
$0 |
| Office Equipment, Supplies & Labor Cost |
$120 |
$0 |
| Total Weekly Payroll Expense |
$1,615 |
$1,115 |
| ADMINISRATIVE EXPENSE |
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| Worker's Compensation: Coverage, claims & reports |
$600 |
$400 |
| Employee Handbooks & Safety Manuals |
$250 |
$200 |
| Health Benefit: Enrollment, renewals & maintenance |
$425 |
$250 |
| Settlement of Unemployment Compensation Disputes |
$550 |
$350 |
| Total Weekly Administrative Expense |
$1,825 |
$1,200 |
| EXECUTIVE EXPENSE |
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| Negotiation of Health Benefits & Worker's Comp |
$70 |
$0 |
| OSHA Reports & Compliance Documentation |
$90 |
$0 |
| IRS Compliance & Documentation |
$70 |
$0 |
| Wage & Hour Compliance & Document |
$50 |
$0 |
| Employee Personnel Management |
$100 |
$0 |
| Total Weekly Executive Expense |
$380 |
$0 |
| Total Weekly Expense Comparison |
$3,820 |
$2,315 |
| TOTAL WEEKLY SAVINGS |
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$1,505 |
| Total Annual Expense Comparison |
$188,620 |
$120,380 |
| TOTAL ANNUAL SAVINGS |
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$68,240 |
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