Frequently Asked Questions
What is a PEO?
PEO stands for “Professional Employer Organization”. PEO’s provide
cost-effective outsourcing services to small and large business owners
including human resource management, employee benefits,
payroll services
and workers' compensation services.
What is a PEO Broker?
Payroll Consultants Group is a PEO Broker which means that we work
closely with a wide variety of service providers to make sure you – as a
small business owner – have access to all of the best services and
solutions available. We can save you time, money and energy by matching
your needs to the services of different providers throughout the country
even for hard to place industries like construction! What’s more, PCG is
able to provide a level of continuity as your business continues to
grow. By partnering with PCG, we get to know you and your business while
providing a single point of contact for all of your needs both today and
tomorrow! There is no cost or obligation to speak to a PCG
representative.
Who benefits from using PEO services?
Many small business owners are able to benefit from the services
provided by a competent and knowledgeable PEO service. Payroll
Consultants Group handles many different types of companies, industries
and sizes ranging from small one man operations to relatively large
accounts. However, each and every business receives the same level of
professionalism and individual support!
How does the process of contracting with Payroll Consulting
Group for PEO services work?
We begin by working directly with each and every business owner to
compare the best suite of services that will fit the needs of your
company. Payroll Consultants Group negotiates on your behalf for the
very best rates and services while making sure you understand the pro’s
and con’s for each option.
Is PCG able to handle my out of state needs?
Yes! In fact, PCG operate in 41 states and is able to place even those
difficult industries that others cannot! PCG provides a single point of
contact for all of your small business needs even across multiple
states. For a complete list of states PCG currently handles, click here!
How can My Business Benefit from using PEO Services?
Research shows most small business owners are not very good at the
administrative and paperwork aspect of doing business. By allowing small
business owners to focus their time and energy on the "business of their
business" a PEO can save you time and money! PCG has a relationship with
a wide variety of providers to assure you only contract for what you
need when you need it. As your business grows, a PEO can provide
different levels of services including payroll and accounting,
regulatory compliance, risk management, insurance and employee benefit
programs all with one point of contact! On top of that, your company has
access to many benefits and employment amenities you could never afford
on your own without the backing of a large collective team!
Here is just a sample of the items a PEO provider is able to
handle on your behalf!
- Payment of wages and compliance with the rules and regulations governing the reporting and payment of federal and state taxes on wages paid to employees including social security, medicare and Federal income tax.
- State unemployment taxes and Workers Compensation
- Employment laws and regulations including federal, state, and local discrimination laws, Title VII of the 1964 Civil Rights Act, Age Discrimination in Employment Act, ADA, FMLA, HIPAA, Equal Pay Act, and COBRA.
How can My Employees Benefit from using PEO Services?
Your employees benefit from professional human resource services,
training, employee manuals, safety services and improved communications.
Depending upon your specific needs a PEO can also provide employees with
an expanded employee benefits package that includes a 401(k), life
insurance, disability insurance, discount plans, a flexible spending
plan and comprehensive benefits. In fact, by contracting with Payroll
Consultants Group, you and your employees may be able to obtain
affordable, comprehensive benefits including health insurance, dental
and vision care, life insurance, retirement saving plans, job
counseling, adoption assistance, and educational benefits!
Contracting with Payroll Consultants Group is truly a Win-Win Situation!
Will I Loose Control of my Business?
No! You retain full ownership and control over the operations of your
company. Think of a PEO as a partner in your success! As co-employers
the PEO and your company contractually share employer responsibilities
and liabilities with the PEO typically assuming responsibility for
administration, payroll, taxes and benefits. You continue to have
responsibility for worksite safety and compliance. Depending upon your
business type and needs, various levels of involvement may be
contracted. Consult with your PCG representative for specific
information related to your industry and needs. It’s FREE and there is
no obligation to speak to a representative!