Does a Company Need to be a Certain Size to Work with a PEO?
A professional employer organization (PEO) can have major benefits for your clients, no matter the size of their business!
A PEO is a firm that provides a service under which an employer can outsource employee management on certain tasks, including Workers’ Compensation, payroll, HR, and risk management.
PEOs can have benefits for companies of all sizes. For your clients with smaller businesses, a PEO can help them offer a wider range of benefits and perks, which they might not be able to offer on their own.
For larger companies, PEOs can be particularly helpful when it comes to payroll and HR duties, as working with a PEO allows your clients to offload some of these day-to-day duties without giving up control of their operations.
For companies of all sizes, one of the biggest benefits of working with a PEO is access to affordable, comprehensive Workers’ Compensation coverage. By partnering with a PEO, your clients increase their ability to find coverage that works for their needs and budget. A PEO be also be particularly beneficial for your clients in high-risk industries like armed security, temporary staffing, or cannabis, as well as clients with challenges like high ex-mods, multi-state risks, or a history of workplace accidents.
At PEO Insurance Brokers Network, we want to help your clients find the best PEO fit for them! We work directly with insurance agents and PEOs, and will put our knowledge to work to find the best fit for your clients. We provide Workers’ Compensation coverage to businesses in need, no matter the risk, and will help you find the best PEO coverage and savings for your clients in high-risk industries.
To learn how we can help you find coverage for your high-risk industry clients, email quotes@peobrokersnetwork.com to receive a quote.
