|  A Professional Employer Organization (PEO) is a company that enters into an agreement with your business to provide employee management services through a co-employer arrangement. Your employees become part of the pool of thousands of employees enrolled in the PEO.
A primary benefit of using a PEO is to free up management resources that can be better directed within the business for increased overall profitability. More and more companies are outsourcing HR functions by making use of PEO’s who perform a wide variety of tasks ranging from payroll management to tax filings and state and federal compliance.
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Cost savings to your business is also a primary benefit. According to the Department of Labor, a PEO can handle the administrative responsibilities at 1/3 to 2/3 the cost that an average business would incur to provide similar services.
Another advantage of entering into a PEO relationship is the ability to offer employees a much wider selection of benefits, often at considerably lower costs. Due to our large employee base, PEO clients enjoy the economies of scale usually reserved only for large employers.
Most businesses today prefer help managing increasingly complex employee related matters such as personnel co-management, health benefits, workers' compensation claims, payroll, payroll tax compliance, and unemployment insurance claims. Businesses contract with a PEO to assume these responsibilities, which then allows the client to concentrate on the revenue-producing side of its operations. PEO’s deliver co-management of critical human resource services by establishing and maintaining an employer relationship with the workers assigned to its client. Comprehensive Compensation Management Group becomes your off-site Human Resource Department.
We specialize in reducing and eliminating headaches, and exposure associated with employee administration. You remain the supervisor of your employees; you hire, interview and motivate as always. CCMG becomes the W-2 employer maintaining payroll, employee benefit
programs and assisting with all personnel questions or matters.
If you are a small to medium sized business, the question is not Why use a PEO”? The real question is “Why NOT “? |