Professional Employer Organizations (PEO's)
The concept of a PEO is pretty straight forward, however getting it started can be a maze of paperwork and confusion. Information needs to be gathered about your workers compensation, employee benefit package including your 401(k), how your payroll is handled, and some basic information about your human resources procedures.
The basic services provided by a PEO are as follows:
A PEO gives small employers access to big company benefits, including HMO's, PPO's, dental plans, flexible spending plans and savings plan administration. Because small business owners will receive the benefit of relief from administrative hassles, the PEO industry is poised for rapid growth in the next few years. There are about 2.5 million employees in PEO's and over the next five to ten years, we could see an excess of 20 million.
At Chris Hauser Insurance, as an independent agency, we represent several PEO's to continue to offer our customers a choice in PEO's. We believe this new way of doing business will tremendously benefit the employer who has felt the pain of loosing a key employee to another company because of the benefit plan, or been involved in EEOC suit. Please feel free to contact us via email or by phone at (513)271-5070 or toll free (800)382-2639. Ask for the PEO department.Contact our PEO Manager: