Archive for May, 2012

Insurance Options for Assisted Living Facilities

May 31st, 2012

Why is workers compensation so expensive for owners/operators of assisted living facilities? 

Due to the high-risk associated with owning and operating an assisted living facility, senior care center, retirement home, or nursing home, such organizations are classified within high risk workers compensation class codes – these high risk codes can demolish an organization’s cash flow.

Owning a high risk business sometimes results in rates as much as 300% higher than a business that is not categorized as “high risk.”  Many traditional insurance companies require 50% down from high risk organizations, which can also hurt assisted living businesses financially.

Is there an alternative to such high rates?

Owners/Operators of assisted living facilities can purchase a stand-alone policy on their own, which is a pliable option for large businesses – but is not always the best option for small to medium-sized businesses. Smaller businesses are not always approved, due to the risk, number of years in business, payroll size and number of employees.

PEOs offer every advantage when it comes to minimizing your cost of workers comp- for both large and small companies. For starters, there are no deposits or audits with convenient Pay-as-you-Go policies. You’ll see an immediate surge in your cash flow since your premium is based on actual wages during that pay period. Lower costs translate to more competitive bids on assisted living housing and services, and ultimately, more profit to infuse your bottom line.

PEO Advantage finds you the ideal PEO partner—one who’s already licensed with established workers compensation policies, so that you can add employees and provide proof of insurance immediately upon initiating a co-employment contract. With shared responsibilities, and the strength of a PEO behind your organization, those high-risk workers comp class codes no longer have a negative impact of your insurability or costs.

PEO Advantage is helping assisted living facilities (including senior care, retirement, and nursing homes) find better insurance options through a PEO. Contact us today and we will begin working on a quote for your organization.

5 Signs That Your Company May Be Ready for a PEO!

May 21st, 2012

Thousands of business owners choose to hire a Professional Employer Organization, or PEO, to save time and money – But a PEO isn’t always the crystal clear solution. There comes a time in the life of most growing businesses when a decision has to be made as to whether or not certain HR and employee management related tasks can be handled in-

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If you have come to this point, and are not sure whether or not you need the assistance of a PEO, answering “YES” to any of these questions below may point you in the right direction!

  1. Are you in “HR Overload?” If HR and employee management tasks are taking a  toll on your IT resources, and yourself, it may be time to offload to a PEO. PEOs work more efficiently, utilizing additional technologies, and enabling your company to go back towards focusing on its core (and profitable) services.
  2. Are you experiencing multiple mistakes in the workplace? Errors are signs that employees are being stretched beyond their limits- perhaps even you are being stretched beyond your knowledge or workload capacity. A PEO is responsible for making your company’s HR Department as foolproof as possible, and specializes in delivering expert services when it comes to employee management of all kinds.
  3. Do you have nightmares about lawsuits? Are you in a high risk industry? With a PEO, responsibilities and liabilities are shared. PEOs take the appropriate precautions to avoid dangers in the workplace. As the client of a PEO, your business is covered when it comes to workers compensation insurance or liability insurance.
  4. Are the bills piling up? Rising costs in payroll, benefits, administration and more are signs that a PEO may be a more cost effective solution. PEOs are known for reducing HR-related costs. At PEO Advantage, if we don’t find you a PEO solution that saves you at least twice our analysis fee—your evaluation is on us.
  5. Do your competitors use PEO services? If so, your competitors have freed up their time to specialize and focus on more profitable activities – stay ahead of the competition!


If you are currently trying to determine whether or not you should outsource to a PEO, please call us today: 877-636-9525.

5 Qualities to Expect of Your PEO Broker

May 14th, 2012

We’ve got friends, family, and to provide us with reviews when it comes to selecting our doctors, dentists, plumbers, day care professionals and more! We know what level of service and quality to expect from these service providers, but what about a PEO Broker?

As a business owner, how do you know which PEO Broker can be trusted? And which one is the right fit for your particular business?

When selecting a PEO Broker, the individual or company should meet the following standards:

  1. Experienced- Is your PEO Broker an expert in employee leasing solutions and everything related to managing human resources? Do they have solid industry partnerships or affiliations? How many years of combined experience does their company have?
  2. Exploratory- With more than 800 PEOs across the country, all of different sizes and costs, not every PEO is going to be the perfect fit for your company. Does your PEO Broker ask questions about your business, your costs, and your needs?
  3. Efficient- Sorting through 25 or 30-page proposals full of detail and marketing only to pull out the key points and deliverables can certainly take time-but when you have a professional working on your side, PEO options should be returned within a timely manner. At PEO Advantage, we have a systematic, yet personal, approach that works every time for efficient processing.
  4. Informative – Can your PEO Broker explain the PEO options they’ve delivered? Making sense of PEO quotes—what’s included, which charges don’t apply, and how they compare with your current costs—it all takes technology, expertise and a proven system for success. You deserve to understand the PEO options being delivered to your business!
  5. Results Driven – Is your PEO Broker focused on delivering the best and most cost effective options to your company? Are they objective in their approach? A great PEO Broker looks out for your best options, not their best options. At PEO Advantage, our HR solutions are guaranteed to save you twice the paid evaluation cost—or your analysis is FREE!


You know when it comes to HR solutions, Professional Employer Organizations (PEOs) improve productivity, reduce liability and save money – but, you want to make sure your PEO Broker is also delivering the best possible results. For more information on PEOs or PEO Brokerage, call PEO Advantage at 877-636-9525 or contact us today.

Employee Theft in the Workplace – How a PEO Can Help

May 7th, 2012

According to reports issued by the National Retail Security Survey within the past two years, retailers in the United States lose more inventory to their own employees than they do shoplifters! As a business owner, it’s a sad reality to swallow; employee theft accounted for about 45% of retail losses in 2010. theft at work

While many retailers and businesses may have advanced technology and/or tactics to detect theft in the workplace, gaining control of the situation may not be as easy as you’d think. Fortunately, for businesses engaged in a co-employment arrangement or employee leasing solution, a PEO can help when it comes to employee theft.  How?


  • PEOs offer recruiting assistance, to make sure the right employee is hired and stays put. This assistance will most often include criminal background checks and the use of electronic database information that helps connect the dots if there are multiple aliases out there.
  • Employee drug testing will ensure that your existing employees are responsible and clean, which limits security and/or safety risks within your place of employment.
  • Best practices: A trusted and knowledgeable PEO will offer guidance on employment regulations, compliance and termination requirements. When you work with a PEO, you have access to HR experts!


  • Even if you have proof that an employee has stolen from you, there are numerous ways a termination could go wrong. By partnering with a PEO, the termination process becomes a bit easier. Through a co-employment arrangement, PEOs take care of any legal issues, and through best practices, a PEO can save you the stress of a possible lawsuit.

For more information on the many benefits of PEOs, call PEO Advantage at 877-636-9525 or contact us today.