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How PEOs Improve Cashflow HR Management and Your Bottom Line

How PEOs Improve Cashflow

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Page 1: How PEOs Improve Cashflow

How PEOs Improve Cashflow

HR Management and Your Bottom Line

Page 2: How PEOs Improve Cashflow

Five Ways to Save With a PEOIt’s a matter of Loss Prevention, Cost Containment, Payroll,

Unemployment Claims Management, and Economy of Sale

strategies.

Page 3: How PEOs Improve Cashflow

Loss PreventionPEOs can help your business avoid

workers’ compensation claims through:

• Safety training programs

• Development of safety manuals

• Development of employee safety

guidelines

• OSHA compliance

• Development of drug-free and drug-

testing programs

Page 4: How PEOs Improve Cashflow

Cost ContainmentPEOs help you:

• Choose the most appropriate workers’

compensation coverage for your group

• Negotiate competitive programs with

insurance providers

• Implement a return-to-work program

• Keep good records that can be used

during the claims process, and more.

Page 5: How PEOs Improve Cashflow

Cost Containment Part TwoMany PEOs save you time by offering the

following services:

• Claims investigation

• Claims certification

• Hearing representation

• And merit rate predictions

Page 6: How PEOs Improve Cashflow

Payroll ManagementIt can cost an average of $2,000 per

employee per year to handle payroll. Even

then, the IRS can still hand out penalties.

PEOs have true HR professionals:

• Saves you time and realizes efficiencies

•Tracking paid time off

•Direct deposit

• Reduces responsibility and liability in the

HR process

Page 7: How PEOs Improve Cashflow

Unemployment Claims ManagementUnemployment taxes can cost your business

tens of thousands of dollars per year.

PEOs help you save by:

• Reducing liability for unemployment taxes

• Helping you write handbooks and job

descriptions

• Consulting with you on the employee

discipline and termination process

• Ensuring you stay compliant with

unemployment laws and regulations

• Providing representation at claims hearings

Page 8: How PEOs Improve Cashflow

Economy of ScalePEOs can provide small businesses savings

normally reserved for the big guys.

• GMS represents 20,000 different workers over

850 companies

• You maintain control of your business

• Attract, retain good employees

Page 9: How PEOs Improve Cashflow

Feel Like One

of the Fat Cats

PEOs save you time, money, and a few headaches, due to

the following:

•Loss prevention

•Cost Containment

•Payroll

•Unemployment Claims Management

•Economy of Scale