Alternative Workers Compensation Markets
Reduce your cost of workers’ compensation coverage and improve cash flow by leveraging a PEO
The Professional Employer Organization (PEO) model offers a viable solution for your workers’ compensation challenges. A PEO company is defined as a business entity that provides a service under which an employer can outsource non-revenue generating tasks such as payroll, human resources administration, workers’ compensation, and employee benefits. The cost advantages PEOs obtain by pooling client companies together can give your organization a competitive advantage in the marketplace.
As a PEO client your organization can gain access to multiple A rated Workers’ Compensation carriers and the aggregate purchasing power of over 1,000 companies. PEOs deliver workers’ compensation coverage through a pay-as-you-go program which eliminates deposits and year-end audits thus improving cash flow. Additionally, a PEO can deliver a full suite of risk management services, including:
- Field based Loss control services
- Safety training for both managers and employees
- OSHA Compliance
- Claims management
- Development and monitoring of Return to Work programs
- Implementation of Drug Free Work Place policy
The traditional process of procuring and managing workers compensation premiums is costly, tedious and time-consuming. Reduce your cost of workers’ compensation and improve your cash flow. Leverage a PEO.
Broker/Agency Appointments please contact Tony Foley at (678) 564-5465