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What is a PEO client?
A PEO client is a business or corporation that enters into a PEO agreement and is assigned shared employees by the PEO company. Clients can keep their current workforce!
How does a PEO arrangement work?
Once a client contracts with a PEO company, the PEO will then co-employ the client's current work-site employees. Among the PEO company, work-site employee, and client employer, there exists a co-employment relationship in which both the PEO company and client employer have an employment relationship with the worker. The PEO company and client employer share the responsibilities and liabilities of employees. The PEO assumes responsibility and liability for the business of employment such as payroll and taxes , workers compensation , unemployment , employee health benefits and employee compliance . The PEO client retains responsibility for the management of employee production, business operations, marketing, sales and service.
Who uses a PEO?
The average client of a PEO is a smaller business (less than 100 employees) , though larger businesses (over 100 employees) find value in the arrangement such as reduced employee health benefit costs. These small business customers include most industry types from accountants to professional sports teams. and every profession in between.
How do Peo companies work?
Peos a proven management tool for any business.
What does PML do for your company?
How do the employees benefit from a Peo?
GET A PEO QUOTE
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The PML Companies
Since 1985 our PEO and Employee Leasing companies offer "top of the line" employee health benefit packages with a number of health insurance options, complete payroll services, personalized reporting, administrative services, plus, PML works closely WITH our clients in keeping costs down for the Peo or Employee Leasing company AND our clients. Within the past few years PML has added employee paid 401K and Premium Savings (Section 125) for payroll deduction for dental, vision and life insurance. PML is also one of the first Peo or Employee Leasing companies to offer an HSA or health savings account for our employees.
Using a PML Holdings Group member service company makes using a Peo or Employee Leasing a cost-effective convenience for any business owner. The reductions in cost are made possible through volume discounts by pooling your company's employees together with PML's for workers compensation, health, dental, vision and life and short term disability benefits, state taxes, S.U.T.A. taxes, federal taxes, etc. PML clients' paperwork hassle and time consuming follow up are reduced, and sometimes eliminated, because PML does the work for them. All payroll related taxes, filings and reports are also handled by PML, leaving the business owner free to take care of the things he or she went into business for... Making A Profit!
Find A PEO
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