LEAVING YOUR PEO
Is it time to leave your PEO?
iBenefitsHR helps companies compare their current PEO to non-PEO solutions for employee benefits, workers compensation, payroll, 401(k), and other HR services.
Sometimes being with a PEO is no longer the best fit, but how do you make sure things go smoothly?
When you have employees in multiple states, is your PEO treating each state’s taxes differently or the same. Are you thinking of leaving mid-year, and how does this impact payroll taxes? Are there penalties for leaving before your contract ends?
These are just some of the pieces that can be costly both in time and financially. When you choose to leave a PEO, you want to make sure there are no interruptions to you or your employees. It is essential to know how deductibles, retirement benefits, and taxes will be handled in the transition. The iBenefitsHR team can help you avoid potential pitfalls and identify a strategy to put in place for your new direction.
Reasons to consider leaving your PEO
You’ve outgrown your PEO
Rising health insurance costs
Not using all of the services
Need to reduce overhead costs
How it works
Shop & compare
Alternative HR outsourcing options: Health Insurance, Workers Comp Insurance, Payroll & HRIS Solutions, 401(k)
Plan the transition
Payroll Tax Restart Analysis, Employee Disruption Analysis, Technology Migrations, Employee Communication
Execute transition
Terminating PEO Relationship, Employee benefits enrollment, Binding worker’s comp insurance, Running Payroll