Posts Tagged ‘Payroll’

Restaurants: Why You Need a PEO!

November 23rd, 2015


Dining Out: It’s a major staple of the American culture. The sheer variety of food and atmosphere is astounding! In fact, according to the Bureau of Labor Statistics (BLS), there are over 600,000 privately owned restaurants nationwide.

Just like any other successful business or organization, the backbone of any good restaurant, besides the food of course, is the people that keep the customers coming back for more! The BLS reports that nearly 7 MILLION people work in the restaurant industry in various capacities! How many of those 7 million individuals call your location their workplace?

Perhaps most importantly, how – on top of all of the additional responsibilities you have as a restaurant owner – do you make sure you and your employees are protected in case of injury? How do you make sure your employees are paid what they’re due, while making sure the appropriate taxes and deductions are made?

The easy answer to all of those questions is: PEO.
The specific answer to all of those questions is: PEO Advantage.

Professional Employer Organizations (PEOs) have long been supporting the restaurant industry by taking on numerous back-office responsibilities like payroll, HR, and benefits administration. In addition to these back-office support functions, PEOs can provide workers compensation coverage to your employees, often at a discount to you, the business owner.

Workers compensation is a complex environment and it is often abused by employees looking to make a quick buck at the expense of their employers. With a PEO at your side, you can leverage their extensive team of workers comp professionals and experience to ensure your employees and interests are protected, all while receiving risk management coaching and OSHA training to prevent future incidents.

This is where PEO Advantage comes in!

With nearly 1,000 PEOs across the country, it can be overwhelming to simply punch “PEO” into Google and pick the one that’s right for you. We’ve narrowed that field of PEOs down to the cream of the crop, the top 10% of providers that met our industry standards. We know which PEOs specialize in your industry and can provide you the best personalized service.
We do all of the research, negotiating, and documentation for you so you can do what you do best: Run a high quality restaurant that keeps the hungry masses satisfied!

Construction Companies: The Best Ways to Save with a PEO – Why you NEED a PEO

February 25th, 2015

PEO for Construction Companies Do you own your own construction company?  Perhaps you are looking to expand to accommodate business growth?  Are you looking to get yourself out of the office and onto the jobsites?  The construction industry is one that has a lot of regulatory red tape.  From human resources, to INS requirements to workman’s compensation, the nature of the business is not only highly administrative but requires support from people who are well versed across industry regulations.  Depending on the size of your company, having someone on full time to support the human resources and legal functions can be extremely expensive.    So how do you run your business, stay compliant and increase your bottom line?

You outsource.  Professional Employer Organizations have long been supporting the construction industry by taking on functions like payroll, human resources administration, OSHA compliance, health insurance and workman’s compensation.  In addition to those areas, PEOs also specialize in I-9 compliance – focusing on immigration and INS work requirements. Should there be violations, your PEO will address them and identify the steps required to solve the issues.

In addition to I-9 compliance, PEOs are also there to provide payroll support – from cutting checks to auditing pay methods to ensure compliance with the Fair Labor Act, PEOs have you covered.  Payroll administration also includes W -2 and W-3 summaries, maintaining records, handling withholding taxes, filing tax reports and monitoring tax laws.

Another area that can be a challenge for construction companies to handle is benefits administration.  By engaging a PEO, you can take this off your plate.  With the recent implementation of the ACA, benefits and insurance are more complex than ever.  A PEO will not only ensure that you are compliant but also will address any items like benefits assistance for low wage employees.

Workers Compensation.  The phrase generally sends shudders down the spine of any construction business owner.  Why?  It’s expensive, complicated and easily manipulated.  By bringing on a PEO to manage this area of your business, you can be assured that risk will be properly assessed, claims will be handled, audited, monitored and analyzed.   PEOs can also help implement drug free workplace policies and OSHA compliance training.

You must be thinking – how can a PEO do all of this and save me money?  PEOs are experts in our field – we know how to deliver the best services at the best prices for our customers. Most save on average 25% by outsourcing.  Interested in hearing how we can help you get back to focusing on your businesses, your jobs and your bottom line?  Contact us today for a consult!