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Im
too small to use your services
this is
one of the most common responses we hear when we made
first contact with the majority of our clients.
Little did they know that they couldnt be further
from the truth. Small companies are one of the biggest
beneficiaries of Leased Employee situations. Professional
Employer Organizations (PEOs) provide a great Return On
Investment.
Why?
Take a look!
Human Resources Expertise. Our clients get
access to our highly experienced human resources staff,
including human resources managers, risk managers, compliance
managers, and benefits specialists. The end result is
that business owners are once again able to focus
on growing the business.
Time Savings. You thought wed put money
first, didnt you? As a business, you can always
make more money. Anyone that has ever ran a business knows
that their greatest commodity is time
the one resource
that can not be replaced. Many small and medium sized
businesses struggle to survive in todays fast-paced,
competitive, and sometimes high-tech marketplace. These
are the type of businesses that can benefit most from
the value-added personnel management solutions that we
provide.
By freeing up the time that management spends on human
resources, we give back an opportunity to grow the company.
Business owners and managers can shift attention away
from human resource functions and again concentrate on
business strategy and bottom-line success. Nationally,
thousands of entrepreneurs are finding that PEOs provide
a proven 'people strategy' that can turn obstacles into
opportunities.
Reduced Costs. It is no secret that large corporations
enjoy greater purchasing power than smaller companies.
Small companies can be especially hard hit in the areas
of employee health benefits and workers' compensation
insurance. PEOs can help employers in reducing not only
the number of claims but also the average claim cost.
By accomplishing both of these goals, the employer will
ultimately pay less premiums overall.
Through a simple cost analysis, a recent PEO client determined
that by outsourcing he wouldn't have to spend any more
on personnel costs, but would realize significant savings
in labor mainly the time he and his wife were spending
on human resources.
As it turned out, his wife had been serving as the company's
human resources person, spending as much as 90 percent
of her time on personnel matters and benefits for their
17-employees. When they outsourced most of those HR duties,
she switched to spending 90 percent of her time on marketing
and 10 percent on human resources. He says, "That
change itself is worth it and brought huge returns. The
increase on business volume has made all the difference
in the world for my small business!"
A growing number of small and mid-size businesses are
finding that besides making their lives easier and helping
their companies run better, contracting with a professional
employer organization can save money in both the short-term
and long-term.
Improved Regulatory Compliance. According
to the Small Business Administration, small businesses
carry a heavier regulatory burden than large companies.
Small companies employ about 53% of the workforce but
shoulder 63% of the total business regulatory costs. We
help a companies improve their government compliance,
reduce or eliminate fines and penalties, and enhance their
work environment.
Its not just the SBA
the Department of Labor
says it would cost the average business one-third to two-thirds
more to provide the administrative services a PEO can
supply. Because of our expertise, we are able to manage
your workers compensation and unemployment claims
as well as cut through the myriad of laws that are passed
every year at both federal and state levels.
Increased Employee Retention. Engaging a
PEO allows you to become an employer of choice with Fortune
500® type of benefits. Most of our PEO clients are
small to medium size businesses. We offer these clients
(and worksite employees) services that can normally be
found on in a human resources department of a large corporation.
Few small businesses can afford a full-time staff that
handles responsibilities such as payroll processing, benefits
management, human resources, and risk management. We do
all of that and do it affordably. Remember our motto?
Its about helping people! With this
in mind, we provide HR advice to clients, including employee
retention strategies that leave them better situated to
beat out their competition when attracting and retaining
talented employees.
Enhanced Employee Benefits. Because of the
large numbers of employees in our pool, we are able to
offer a much wider selection of benefits than most small
businesses can secure on their own, and often at a considerably
lower cost. Our rates reflect the savings that we pass
through to our clients and worksite employees. Overall,
our enjoy the economies of scale usually reserved for
only the largest employers.
As a general rule, we offer worksite employees more and
better benefits than they likely would receive from the
typical small business. The cost for an individual small
business to establish and administer dental, medical,
vision, life insurance, employee assistance programs and
other special human resource initiatives is usually prohibitive
without our assistance. Every small business owner has
long known that large companies have the muscle to squeeze
low prices out of the insurance companies at the expense
of the little guy. Not any longer, as a PEO
client, you join a strong group that has the muscle to
squeeze as well.
No longer do you have to go it alone
you
have Career Management Associates by your side.
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