What Is a PEO?

 Over the last two decades, this nation has seen a significant increase in employment-related federal, state, and local laws and regulations, as well as other fundamental changes in human resources management.  

As the challenges increase, the expertise required to manage the HR activities for small- to mid-sized businesses has outgrown the experience and training of many entrepreneurs who started these businesses. 

Working Americans are demanding comprehensive, affordable health care, retirement savings plans, and other employee benefits for themselves and their families. Professional Employer Organizations (PEOs) assume the responsibilities of human resources management.  

Companies that use PEOs have seen a wide range of positive effects.

In fact, according to research conducted by an independent economist on the PEO industry and commissioned by the National Association of Professional Employer Organizations:

report revenue has increased since they started using a PEO

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report their profitability has increased since becoming a PEO client

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of business owners who use a PEO would recommend one to a colleague

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Helping Entrepreneurs With the “Business of Employment”

  

As a PEO, ESS Employee Leasing, LLC. provides clients and worksite employees with the services and expertise of a personnel department within a large corporation. Few, if any, small businesses could afford a full-time staff, consisting of an accountant, a human resource professional, a lawyer, a risk manager, and a benefits manager, to take advantage of this type of expertise. But with ESS Employee Leasing, LLC., even small companies can benefit from the valuable HR support and services large companies enjoy.

By freeing clients up to concentrate on their core business without the challenges and distractions associated with the “business of employment,” ESS Employee Leasing, LLC. helps to enhance the profitability of their client companies. Clients can reduce overhead by maintaining a simple in-house HR infrastructure or none at all. They can reduce the costs associated with monitoring and complying with employment laws, as well as avoid the often significant costs of failure to comply with such laws. And because ESS Employee Leasing, LLC. handles routine and redundant tasks for its clients, they can save time and energy for making their business more successful.

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Helping American Workers and Their Families

In addition to providing important services to their business clients, ESS Employee Leasing, LLC. offers substantial advantages to worksite employees. In many cases, these employees would not be provided the number, or quality, of benefits that ESS Employee Leasing, LLC. can offer. These benefits include health insurance, retirement savings plans, disability insurance, life insurance, dependent care reimbursement accounts, vision care, dental insurance, employee assistance plans, job counseling, and educational benefits. Each individual small business’s cost of establishing and administering this range of plans would be prohibitive. However, due to economies of scale, ESS Employee Leasing, LLC. can sponsor and offer these plans at an affordable cost. 

ESS Employee Leasing, LLC.:

  • Provides Workers’ Compensation insurance for employees
  • Pays wages and employment taxes of the employee out of its own accounts
  • Reports, collects, and deposits employment taxes with state and federal authorities
  • Provides access to benefits like healthcare, dental, vision, and 401k