Archive for April, 2012

High Turnover in the Roofing Industry

April 30th, 2012

Last week, we discussed loss exposures and workers compensation insurance within the roofing industry, and how a PEO can offer cost-effective and safe alternatives for protecting yourself, and your employees.

Did you also know that the roofing industry has extremely high turnover, and that a PEO also offers assistance in reducing turnover?

Reasons for High Turnover in the Roofing Industry:

  • The work is often hot, exhausting, and dirty– many roofers do not stay on the job for long.
  • Weather affects the amount of work that can be done, and work is often seasonal – which affects the overall amount of money that can be made by each employee and/or contractor.

When it comes to push factors versus pull factors within your company, it’s often the push factors that outnumber the pull factors by 2-1 when it comes to an employee’s reason for leaving. In a working environment that is hot, exhausting and sometimes dirty, as an employer you need to provide really strong pull factors to ensure your best roofers stay put!

Employee Pull Factors Provided By PEOs:

  • Stronger Benefits– Access to Fortune 500 quality health insurance packages plus previously unavailable benefits such as 401(k), Section 125 plan and Flexible Spending.
  • Better Communication via an Employee Self Service portal-– Improved access to payroll information, benefits, personnel data, vacation and sick time accrual plus up-to-date information on labor regulations, workers’ rights, worksite safety and more.
  • Streamlined payroll and claims processing—On-time and accurate payroll plus efficient claims processing through improvements in expertise and technology.
  • Special perks—May have access to credit union membership, exclusive employee discounts and reduce rates on travel, entertainment and services.

For the business owner, PEOs also deliver best HR practices such as conducting an Exit Interview upon an employee’s departure. This crucial information can improve the workplace and prevent other roofers from leaving!

PEO Advantage can help you start turning things around today – before you encounter another employee’s costly departure.  We would love to hear from you!Please fill out this form and we will get in touch with you shortly. To access a PEO Advantage professional immediately, call 877-636-9525.

Celebrating “Take Our Daughters And Sons To Work® Day”

April 26th, 2012

We’re joining the 37 million men, women and children today in not only opening up our workplace to our children, but also celebrating the 20th anniversary of “Take Our Daughters And Sons To Work® Day”

Are you participating?

Share your pictures with us on our Facebook fanpage (

Hey You! Careful Up There on the Roof!

April 23rd, 2012

The roofing industry as a whole has quite a few exposures to loss– and believe it or not, they aren’t all up on the roof! As the owner of a roofing company, you have likely encountered losses include employee injury, vehicle accidents, liability claims, and even third party claims by other company’s employees.

You know how to best protect your employees, but who’s there to protect you? Accidents do happen and while  workers compensation rates can literally be “through the roof,” PEO Advantage can help. If high-risk workers comp codes are demolishing your cash flow,  you’ll really appreciate our first-rate, affordable

With PEO Advantage, there are no  deposits or audits with our convenient Pay-As-You-Go Policies. You’ll see an immediate surge in your company’s cash flow since your premium is based on actual wages during that pay period, and by partnering with a PEO you’re not the only one that’s safer, your employees are too!

A PEO will file and track all claims, and manage safety reviews and OSHA compliance.  Many even offer professional assistance in offering clear expectations, easy-to-read handbooks and safety procedures for the roofing industry, all increasing job satisfaction and safety for your employees.

With PEO Advantage and a PEO partnership, roofing companies find peace of mind knowing that their risk is managed. So, be careful up there on the roof! And if you want to relax while you’re down on the ground, PEO Advantage can help. We’ll match you with the perfect PEO to further ensure savings, and most importantly, safety in the workplace.

Contact us today…  If we don’t find you a PEO solution that saves you at least twice our analysis fee—your evaluation is on us.

Top 3 Reasons Your Company Needs EPLI

April 17th, 2012

EPLI (Employment Practices Liability Insurance) provides employers with insurance coverage, including the cost of legal defense) in the event that the company ever faces discrimination, sexual harassment, wrongful termination, or any other employment-related claims.

Any working environment, big or small, can quickly become unstable without warning.  Here are the top 3 reasons you need to be concerned as a business owner, and why your organization needs EPLI:

  1. Claims against employers are continually on the rise. According to an article found on, 1 in 4 privately held companies is sued by their own employees.
  2. More than any other component of the employer/employee relationship, the firing or discharge of an employee has the potential to result in litigation. EPLI policies cover these claims by former employees who claim they were wrongfully terminated.
  3. As mentioned above, big or small, it can happen to any company, and the repercussions of these claims can be felt far beyond the office or the initial financial impact. They often make front page news stories, resulting in public relations nightmares, further harming your bottom line.

The cost of EPLI can be expensive, but companies who are engaged in a co-employment relationship with a PEO have the advantage of paying much lower EPLI rates—mainly because EPLI insurance costs are rated according to a company’s size and expected lawsuit risk. With rates depending heavily on the level of HR practices within an organization, PEOs are advantageous in that they reduce risk by offering expert services surrounding compliance and risk management.

But, depending on the size and policy needs of your company, a PEO-provided EPLI policy may not be your best option.  The best PEOs offer complimentary services that surround EPLI protection, including access to employment law attorneys and advice, background checks, firing/hiring assistance, training courses for business owners and/or managers, a minimum annual coverage of $1 million and easy per employee pricing.  Per employee pricing can be less competitive when compared to a traditional EPLI policy for larger companies and deductibles or per claim fees can create cash flow issues for a small company needing to access the policies benefits.  EPLI policy characteristics are classified for each vendor with whom PEO Advantage works and it is one of the 125 checkpoints used to select vendors who are best qualified to bid on the opportunity to provide PEO services for your company.

Your PEO benefits are waiting. Call 877-636-9525 or contact us today to find the best Professional Employer Organization and EPLI rates for your company. To learn more about our company, click here.


PEOs and Credit Unions – Friends? Who Knew!

April 12th, 2012

Have you ever thought about offering your employees additional benefits – such as a credit union membership? Credit unions are member-owned not for profit financial cooperatives, differing from banks in that they are democratically controlled by their members, and exist to serve their members- not make a profit!  Earnings are returned to members in the form of lower loan rates, higher interest on deposits, and lower fees.

Offering credit union membership to your employees may not be possible without the help of a PEO though. Many credit union memberships depend on belonging to certain communities, such as a workplace or region. Because a PEO operates through a co-employment arrangement with numerous companies, the PEO may actually employ enough people to be considered for credit union membership or even have a credit union of their own.

Many PEOs offer access to credit union memberships in addition to other special perks such as exclusive employee discounts and reduced rates on travel, entertainment and services. The benefits of working with a PEO certainly do not end after saving time and money- the perks continue!

Benefits of a Credit Union:

  • On average, credit unions offer lower rates on loans and higher rates on savings accounts—just what your employees want!
  • Credit Unions provide a diverse array of services – many include free ATM use, loans, and interest-bearing savings accounts, checking, and electronic banking.
  • Credit unions pride themselves on helping members make better financial decisions. Many offer seminars and information on various topics such as managing debt.
  • Credit Union members are protected through the NCUA insurance. NCUA states that if a federally insured credit union fails, members receive
    payments for their deposits.
  • Credit unions have long-standing reputations for allowing members’ spouses, siblings, and children join.

Like what you’ve read so far? Why not pass along these awesome benefits to your employees?  It’s simple: if you are currently working with a PEO, just ask them about their credit union offerings! If your current PEO does not offer credit union benefits, or you’re currently interested in finding a PEO with credit union benefits, contact us today.  PEO Advantage has helped countless business owners source the perfect PEO and credit union benefits for their employees.

We’re Giving Away 3 Visa Gift Cards!

April 9th, 2012

Enter to Win

On April 26, 2012 parents throughout the United States will wake, dress and feed their children and strap them into the family vehicle to embark on a tradition that is 20 years in the making. Thursday April 26, 2012 marks the 20th Anniversary of “Take Our Daughters and Sons to Work Day” and we want to celebrate by giving away 3 Visa gift cards, each worth $25.00, to participating parents.

To enter simply follow the instructions below, each task provides you with 1-5 entry points. The more points, the more entries. The contest runs through Wed. April 25, 2012. Winners will be announced on the 26th.

Good luck!

Read the rest of this entry »

Workers Comp Solutions for North Carolina!

April 4th, 2012

If you own a roofing, trucking, manufacturing, staffing, landscaping, construction, HVAC, plumbing, painting, maintenance or cleaning business, you are probably well aware of the rising costs of workers’comp.  Owning a North Carolina business that is considered high risk can severely stifle your cash flow.

With insurer results weakening due to rising injury expenses, insurers are passing costs on to North Carolina employers of all sizes, with smaller employers feeling the greatest impact. High costs result from high state-regulated rates, and requirements for large down payments and audits. Traditional workers’ comp policies require up to 50% down payment which adversely impacts cash flow, and polices are audited annually to make sure that actual wages paid to employees per code were estimated accurately at the policy’s inception. A company whose policy was rated for less than actual wages will be forced to come out of pocket for the difference in a lump sum.

Given  your specific line of work, accidents unfortunately may be unavoidable, regardless of how much you protect your employees. But you do have options for more affordable workers’ comp coverage. Although rate increases are occurring, insurer competition remains a factor in pricing—and partnering with the PEO Advantage North Carolina branch in Holly Springs, will introduce extremely convenient employee leasing solutions to business owners in the Triangle and Triad areas.

We have access to hundreds of PEOs, additional workers’ comp carriers and all major medical and supplemental insurance carriers, and we are uniquely positioned to serve high risk accounts.  PEO Advantage North Carolina branch is helping high risk companies across the state reduce workers’ compensations costs and improve their cash flow. We even guarantee clients a minimum of 25% cost reduction.

Solutions delivered by PEO Advantage:

  • Pay as you go workers’ comp policies (no deposit, no audit, improved cash flow)
  • Up to 35% discounted rates with PEO Advantage
  • On time and on demand workers’ comp certification access
    • Since PEOs are already licensed and have established work comp policies in many states, a client can add employees and provide proof of insurance immediately
  • Claims review and administration
  • Workers’ comp billing reconciliation
  • Safety plan creation, administration and training
  • Safety audits and reviews
  • Report and document accidents
  • OSHA compliance

Don’t waste any more valuable time or money — many states are approving workers’ compensation rate increases this year and with PEO Advantage there are
no deposits or audits with convenient Pay-as-you-Go policies.

Call the PEO Advantage North Carolina office at 877-636-9525 or contact us today for a North Carolina PEO quote.