| "body"> | | | | waste of time for someone whose skills can be |
| California business owners continue to feel the | | | | used for driving profit - back to the business. |
| pressure from not only a poor economy - but | | | | An employee leasing company allows to you |
| now an increase in state workers' compensation | | | | combine these unproductive areas of your |
| insurance rates. A recent California Department of | | | | business and save money on insurance costs - all |
| Insurance analysis of the top 100 workers' | | | | for less than you could do on your own! With a |
| compensation insurers in California found that of | | | | master work comp policy that pools your |
| 59 companies that filed a notice with the state | | | | business with hundreds of others, you'll receive |
| indicating they intend to change rates, 42 filed for | | | | huge discounts (up to 40%) compared to |
| rate increases of between 0.6 percent and 12 | | | | California state fund rates. You can also get |
| percent, for an overall average hike of 4.1 | | | | started with little to no money down, on a pay as |
| percent. | | | | you go program that's easy to use and you'll |
| As California annually tops the nations list of | | | | never be audited. |
| highest work comp rates, business owners are | | | | The concept was simple and makes sense when |
| rapidly discovering employee leasing services, also | | | | you consider this. You started a business to sell a |
| known as professional employer organizations - or | | | | product or a service and hopefully generate a lot |
| PEOs. These services have been around for | | | | of revenue. Then you quickly discover the |
| almost 30 years but have seen the most | | | | administrative side of running a business and |
| dramatic growth in the last decade as employers | | | | having employees. You soon realize the amount |
| have grown more accustom to outsourcing | | | | of time wasted dealing with employee related |
| unproductive and non-revenue generating work. | | | | paperwork and management issues, taking you |
| Employee leasing services were designed to help | | | | away from what your real expertise is. |
| businesses reduce employee related costs by | | | | This isn't a new theory or something made up by |
| outsourcing the administrative work involved with | | | | PEOs to sell more services. The Small Business |
| having employees. | | | | Administration reports that business owners can |
| Consider the time spent on payroll - and not just | | | | spend up to forty percent of their time |
| plugging in the hours and spitting out checks. | | | | consumed with employee related administrative |
| Office supply trips for checks, ink cartridges and | | | | work. And the Department of Labor reports that |
| updated software. How about quarterly and | | | | by the year 2020, more than half of all Americans |
| year-end reports, W2's, wage garnishments and | | | | will be co-employed through an employee leasing |
| payroll tax deposits just to name a few? | | | | service. |
| What about the frustrations of dealing with | | | | There's never been a better time to investigate |
| insurances, like workers' compensation, general | | | | the benefits a leasing company may have on |
| liability - or maybe the worst - group health | | | | your business. Reducing overhead costs without |
| insurance? Audits, claims management and | | | | decreasing your services and giving you more |
| questions along with yearly increases - then | | | | time to focus through these difficult times, may |
| shopping for potentially better rates, is a colossal | | | | just be your business life saver. |