Payroll Services Plus
| Main Page PEO Model ASO Model Benefits Testimonials
While other organizations have opted for cheaper unstable health plans for client companies, PSP continues to offer top financially stable carriers to our valued customers. At PSP we believe in long-term secure relationships. Some of our so-called competitors have chosen price rather than security and this philosophy has proven to be devastating to employers as well as employees.
PSP believes that it is our duty to make certain our clients and their employees are comfortable with the health-care provider chosen to represent their interest. It is an exhausting process to deal with health concerns, and the last thing an individual needs is to learn that the provider is not willing to pay their valid statement.
At PSP we focus on the complete package of customer service and while we strive to stay competitive with rates and offer cost savings to our clients, we will never sacrifice security and stability to save a buck! Our organization is in the relationship for the long haul. We not only build a professional bond with our clients, we construct a long lasting friendship as well.
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The PEO Model
A Professional Employer Organization (PEO) is an offsite administrative office servicing all employment related responsibilities. The various tasks and services a PEO performs for a client company include Human Resource Services, Legal Employment Compliance, Benefit Administration, Tax Filings, and Payroll Processing. These services represent only a few of the benefits a client gains by using a Professional Employer Organization. A quality PEO will offer an extensive menu of benefits and administrative services to its client companies, not limited to:
- Customized Payroll Reporting
- Tax Withholding, Deposits and Filings
- Labor Law compliance
- Establishing Policies and Procedures
- Providing Competitive Employee Benefit Options
- Workers Compensation Insurance Maintenance and Administration
THE HARD COSTS OF RUNNING YOUR BUSINESS
For every individual a company employs, it generates a tremendous amount of paperwork, ranging from payroll and benefit records to performance evaluations and proof of regulatory compliance. An SBA study estimated that the average business owner spends between 7% and 25% of his or her time handling employee-related paperwork. When you add in the time spent on all the other HR tasks, this figure rises from 35% to 45%. Most business owners recognize just how valuable a commodity their time is and would rather devote their energy to core business operations. By outsourcing these areas to a PEO, they can concentrate on making their business grow.
|Number of Employees
||1 - 9
||10 - 49
||50 - 199
|Manual Payroll System
||10 - 12%
||8 - 10%
||7 - 9%
||6 - 8%|
|Automated Payroll System
||8 - 10%
||6 - 8%
||5 - 7%
||4 - 6%|
SOME OF THE BENEFITS
Main Page PEO Model ASO Model Benefits Testimonials