Founder Shield PEO Guide
Professional employer organization(PEOs) allow small businesses to focus on their goals, provide a more robust benefits package, and spend less time on daily administrative duties.
Why partner with a PEO?
What does PEO Cover?
Payroll
Payroll
PEOs handle payroll processing, tax filings, and deductions, saving businesses time and reducing errors.
Benefits
Benefits
Competitive benefit packages, including health insurance, retirement plans, and more, which can attract and retain top talent.
Risk & Compliance
Risk & Compliance
Ensure your business adheres to complex employment laws and regulations, reducing the risk of costly penalties.
Technology
Technology
Access to a robust HR Information System (HRIS) with features like employee self-service portals, time and attendance tracking, benefits enrollment, and performance management.
HR Team
HR Team
By delegating HR and administrative tasks, you can focus on growth and strategy — not admin.
How can BenefitMall help?
With more than 700 PEOs on the market today, it is important to understand that not all PEOs are created equal. We partnered with Benefit Mall because they are acutely aware of each PEO’s strengths and capabilities, and will use their expertise to guide you to the RIGHT PEO!! These are the top industries that benefit from using PEOs
Start Ups
Technology Firms
Financial Services
Health Care
Professional and Business Services
Non-Profits
How Do I Know If a PEO Is Right for My Company?
A PEO might be right for your company if you lack HR expertise, struggle to offer competitive benefits, or desire to focus on core business operations. Evaluate your company’s size, budget, and specific needs to determine if outsourcing these functions can improve efficiency and reduce costs. Consider the potential return on investment by comparing the cost of a PEO to the time and money saved on internal HR operations.
Here is a real comparison for a 12 person company in New York
|
Admin Hours Cost |
$21,201 |
|
HR Platform |
$6,048 |
|
Medical Premium |
$249,600 |
|
Admin |
$27,360 |
|
HR Platform |
Included |
|
Medical Premium |
$163,990 |
|
Savings |
31% |
|
Admin |
$16,800 |
|
HR Platform |
Included |
|
Medical Premium |
$160,970 |
|
Savings |
36% |
|
Admin Hours Cost |
$21,201 |
|
HR Platform |
$6,048 |
|
Medical Premium |
$249,600 |
|
Admin |
$27,360 |
|
HR Platform |
Included |
|
Medical Premium |
$163,990 |
|
Savings |
31% |
|
Admin |
$16,800 |
|
HR Platform |
Included |
|
Medical Premium |
$160,970 |
|
Savings |
36% |
How to Get Started
You’ll meet with Josh from Founder Shield and Chad from Benefit Mall to ask any questions you may have about PEO. These two industry experts can provide valuable insight about the industry and specific benefits to your company
1 application, 15 different options! Benefit Mall streamlines the most process tedious part of getting competing PEO quotes
Once we have the top quotes together Benefit Mall will put them into a comparison table and walk you through the benefits and alignments of each one helping you make the best decision for your business.
Schedule a time to speak with a PEO Advisor
