Who is PEO Broker LLC?
We are an independent PEO Broker/Consulting firm with over 14 years of industry knowledge and PEO expertise. We help companies find the right PEO outsourcing solution for their business including open market medical options that can be included in the PEO arrangement if desired. The PEO market is complex and challenging to maneuver successfully without expert knowledge. It can be burdensome, confusing and time-consuming to try to navigate on your own. At PEO Broker LLC, we work for you, the client company, not for the PEO, very much like an insurance agent would do for your company’s insurance needs.
What is co-employment?
Co-employment is something unique to PEOs in the outsourcing industry when compared to payroll companies and ASOs. Co-employment is the concept of the employee being shared by the client company and the PEO. The client company will maintain their ability to direct their employee’s daily work activities while the employee is held under the PEO’s FEIN. Having the PEO use their FEIN allows the PEO to aggregate the employees for pricing of services in the market. It also allows the PEO to be held accountable for payroll issues around tax withholdings, garnishments and other required reports.
What exactly is a PEO?
A PEO (professional employer organization) is an integrated outsourcing company that provides HR services, payroll, risk management, workers’ compensation and benefits. The PEO can aggregate all of the employees that use its services to achieve scale and leverage when purchasing services for their clients. This means that a company with 50 employees could get the benefit of thousands of PEO employees being used to price benefits for that 50 employee company.
How is PEO Broker LLC unique?
There are several different models in the market. Some brokers act as an online wholesale clearing house for pricing and others simply pass the lead to different PEOs with little or no personal involvement. We believe the best approach is to be directly involved with our clients to have a complete understanding of each their specific goals and interests. This hands-on approach allows us to match clients with the right solutions, a suite of services and culture to create a long-term fit for both companies. It also provides us with the insight to customize solutions that may include outside insurance products. Since we remain actively involved throughout the entire RFP process, we can provide clients with all the necessary information to make an informed decision. This includes feature and pricing comparisons and on-going client relations to maintain a high level of satisfaction.
What is a PEO broker?
A PEO broker uses their understanding of the PEO market to help companies find the right PEO outsourcing solution for their business. The broker works for the company looking for PEO services and not for the PEO. Brokers have become very popular in the PEO market because the PEO market is so complex and difficult to maneuver successfully without expert knowledge of the differences between each PEO.
Do you work with business owners throughout the Country?
We work with business owners in many states. It really depends on the needs of the company. Please contact us and we can determine if we can help you.
Do you work with small business owners?
Yes. We provide PEO services for companies from 1 to 5,000+ employees.