PEOReview.com
Professional Employer Organizations - Finding
the best PEO for your company.
The good news is that there are over 700
Professional Employer Organizations (PEOs) operating across the
United States of America. Unfortunately finding the best one with
the most competitive pricing for your company can be difficult
without some assistance. Every PEO in the USA has differing
capabilities with regards to workers’ compensation insurance
coverage, payroll services, human resources services and employee
benefit plans. In addition most PEOs have are limited to certain states
or metropolitan areas of the country.
PEO Review can help you make the right choice.
The advisors at PEO Review have years of experience in
the PEO industry and can provide a customized analysis of the
Professional Employer Organization options available for your
company.
For a
complementary PEO Review analysis for your company, contact us at:
877-882-7225 or email
info@peoreview.com
PEO Review offers the following guidelines to companies
considering a relationship with a PEO:
- Review your workplace to assess your
human resource and risk management needs.
- Create a list of the key services and benefits your need a PEO
to address.
- Research the PEOs that can operate in your company’s state and
in all states where you have employees.
- Collect your payroll, workers' compensation policy
infomation and work comp loss runs.
- Provide clear and discreet requirements to several PEOs.
Provide all potential vendors with your requirements and work comp
insurance information. Make it clear that you are will be
reviewing several potential PEO vendors.
- Check each PEO financial background, ask for banking and
credit references. Ask the PEO to demonstrate that payroll taxes
and insurance premiums have been paid.
- Ask each PEO for client and professional references.
- Check to see if the company is a member of StaffMarket, ESAC or NAPEO, a national trade association
for the PEO industry.
- Investigate the company's administrative
and risk management service competence.
- Understand how the employee benefits plans. Read the summary
descriptions and maker sure you understand the co-pay requirements
and other plans terms. Who is the third party administrator or
carrier?
- Review the service agreement carefully. Are the respective
parties' responsibilities and liabilities clearly laid out? What
guarantees are provided? What provisions permit you or the PEO to
cancel the terms of the contract?
- If your state requires a PEO to be
licensed or registered, make
sure the company you are considering meets all such requirements.
Review PEO resources
for your state or visit StaffMarket.com for
a complete list of the
PEOs operating in your state.
- Evaluate each PEO's proposal and compare the savings of
engaging the PEO or doing all of these tasks "in-house".
Make sure your accurately value the time being spent by your staff
on these administrative tasks.
Of course you do this all yourself.... But why would you?
The experienced advisors at PEO Review will handle all of this
for you and quickly make your customized assessment of the PEO
maketplace a breeze. Contact us for a complimentary review of
the PEO options for your company.
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