

PEOs: Breaking It Down
Professional Employer Organizations (PEO) are becoming more prevalent and widely used today. Perhaps you have heard of PEOs or maybe this is a new concept to you. So what is a PEO and how do they work? Why would a business use a PEO? Lets start with what a PEO is and how it works. PEOs are also known as employee leasing companies. Technically what happens in a PEO is a co-employment agreement between two businesses. In this scenario, the PEO and client company. This co-e


Workers Compensation: High Risk, High MOD.... doesn't always mean High Cost!
Workers compensation insurance is probably the most volatile and costly line of commercial insurance for any blue collar industry. Requirements vary between each state, but in most, it becomes mandatory if you have 1 to 3 employees. There are several avenues for procuring workers compensation insurance. The traditional insurance market through your insurance agent is typically the first place to start. Usually, if a company has no prior coverage, has a lapse in coverage, or


Temp Staffing: Workers Compensation Misclassification
Workers compensation for staffing companies is no easy task to manage. Most staffing companies do not have a few classifications as most industries do. They can have dozens of different classifications depending on the types of clients and industries they serve. We recently brought on a new staffing company that has been with a PEO for a little over a year. The PEO had their workers comp severely misclassified. Just by reviewing each of their client's operations and reclas