How Much Time Do You Spend On:
- Calculating time and pay, vacation and sick leave, child support, direct deposit, advances, garnishments, etc.
- Preparing paychecks and year-end W-2's.
- Maintaining accurate payroll records.
- Worrying about adherence to ever changing tax regulations and the IRS.
- Securing annual workers' comp coverage.
- Calculating W/C premiums, disputing audits and fighting claims.
- Hiring and firing within legal guidelines.
A professional employer organization can help take those tasks off your plate, so you can focus on running and growing your business. The many benefits of working with a PEO include cost savings, time savings, increased benefit options, improved functionality, peace of mind, and faster growth.
According to The National Association of Professional Employer Organizations (NAPEO), "businesses in a PEO arrangement grow 7-9 percent faster, have 10-14 percent lower turnover, and are 50 percent less likely to go out of business."
Working with Convergence Employee Leasing
When you enter into a professional employer organizations services arrangement with Convergence Employee Leasing, you become the 'worksite' co-employer of your company's existing and future workforce. As the PEO, Convergence Employee Leasing becomes the 'administrative' co-employer. We assume responsibility for the majority of the human resource management and administrative tasks, including:
- Employee Benefits
- Health Insurance
- Workers' Compensation Coverage
- Workplace Safety Programs
- Compliance with Federal and State Employment Laws
- Labor and Workplace Regulatory Requirements
When you work with Convergence Employee Leasing, you do not lose any control over your business, and remain responsible for day-to-day assignments, supervision, recruiting, training, and overall business operations.