Why hire a PEO company?
Why use a PEO (Professional Employer Organization)?
By providing payroll, benefits, and HR services and assisting with compliance issues under state and federal law, PEOs allow small businesses to improve productivity and profitability, focus on their core mission, and grow.
According to a recent study by noted economists Laurie Bassi and Dan McMurrer, small businesses that use PEOs grow 7 to 9 percent faster, have 10 to 14 percent lower employee turnover and, are 50 percent less likely to go out of business.
Through a PEO, the employees of small businesses gain access to big-business employee benefits such as 401(k) plans; health, dental, life, and other insurance; dependent care; and other benefits they might not typically receive as employees of a small company. Additionally, companies save money on worker’s compensation coverage. Generally, to begin a workers compensation policy with a PEO, no down payment is required and it is pay-as-you-go. If your company is interested in receiving a quote, please complete the below form.
We are a PEO Broker, which means that we work for you. We will find the PEO that is the best fit for your company's needs and culture. Additionally, we will partner your company with the most cost-effective PEO. Our goal is to ensure that you receive superior services, bottom-line savings, and modern tech capabilities such as apps and automated processes to allow you more time to manage your business operations.
It is always a wise idea to get an updated PEO quote if you already have a PEO or if it is the first time that you are considering hiring a PEO. For example, we recently acquired a new client. Our new client is a regional HVAC company that was partnered with a PEO prior to our meeting. They allowed us to run a quote, which we will quote through several different PEO’s. When we presented the quote we were able to save the business over $100,000 annually. Higher profit margins are the ultimate goal right?!
We ask that you enter your information below and allow us to run a quote and see if we can save you some money and provide better service. www.mcmginc.com