I'm not sure exactly what you are asking for. I thought it is explained pretty well here already, but give me more of an idea and I will see what I can do.GCMan said:This is interesting. Sounds pretty cool.
Could you give us a real world "fer instance" example?
Yes, I was aware of that for the benefits of more of a hands off approach to getting your payroll done, but it doesn't address a lot of the benefits that PEOs provide.bergenbldr said:A lower cost alternative is to use a full service type payroll service such as adp. Deductions for benefits taxes and even workers comp are made automaticly.I should note adp will not provide w/c for contruction clasiffications,but they can provide it for clerical/sales employees.
I believe from what I understand so far that the better rates on WC is a big factor to it, I'm not so sure that it is also about getting a better rate on other benefits, but more about even being able to afford to offer them!mdshunk said:If the main motivation in this employee leasing setup is to get a better rate on benefits, there's other options. Around me, members of the state bulider's association can get their employee benefits through the state bulider's association. There's about a zillion employees in that pool, and the rates are very competitive. I wonder if that's an option for you?
Medical, Dental, and Eye is what I was referring to mainly. That's the big three most guys are after. One possible drawback... I hired a pretty decent guy and he was especially excited about full medical benefits. When the benefits kicked in, he went absent for 3 weeks and got all the dental work done that he's been needing for the last 10 years. Then I fired him...Mike Finley said:So MD, what type of benefits are you refering to specifically?
This is something I've looked into, as Mike knows I sent him a C&P of some data I had collected. For me the biggest motivation is convenience, which translates into less paper work and less stress... and allows me more time to sell.mdshunk said:If the main motivation in this employee leasing setup is to get a better rate on benefits,