Traditional Model
10 Vendors Relationships, 10 Relationships
For years, the Traditional Business Model has demanded that
you maintain multiple relationships with multiple vendors,
just for the employment side of things (this doesn't include your
other vendors like printers, web hosts, etc!). The payroll company
runs the payrolls, a health insurance broker sells them the healthcare
and dental plans, a financial planner handles the 401K plan, their
CPA pays the taxes, their P&C broker develops the workers comp
plan, an outside safety consultant helps with a Safety Manual, and
someone internally tries to keep them compliant with government
requirements (sometimes missing things). This worked and still does
work today for many businesses. However, when analyzing
the work flow, it's clear that there's a better way to do business.
This is where the PEO Company Model becomes so attractive.
PEO Company Model 1 Vendor, 1 Relationship
The Professional Employer Organization or PEO Company Model (what does PEO mean), streamlines the multiple responsibilities
into one vendor, saving not only valuable management time,
but also reducing the fixed costs associated with
offering company benefits. Instead of contacting 10 different vendors
countless times during the year and adjusting to their
patterns of conducting business, you can learn how one vendor
- a PEO company - communicates (that's us!). You will save time. You will
reduce costs. You will gain focus. Enough reason to call? Contact us or request a proposal.