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PEO

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A PEO provides HR, Payroll, Health Insurance, worker’s compensation, and other employee related benefits. Partnering with a PEO, may be a good option for small businesses that need help managing many details involved in overseeing a workforce. A PEO can help with providing employee benefits, workers compensation insurance, compliance, technology, tax filing, HR and administrative support and much more.

Frequenty Asked Questions

It stands for Professional Employer Organization, it is a co-employment partnership that allows employer groups to outsource the HR and compliance burden while gaining access to fortune 500 benefits.
Co‐employment means that the PEO will employ your company’s employees and pay them through their Tax Identification Number (TIN) allowing your company to access the PEO’s benefit portfolio and cover the company under its Workers’ Compensation insurance.
Services vary from PEO to PEO, however typically services include; full employee benefits, including core products, voluntary products and retirement plans. Workers Comp, EPLI, Tax filing, Benefit administration support, compliance regulations, payroll.
Most PEO’s share the responsibility as co-employers, so therefore PEO’s can limit liability and vulnerability by providing legal advice as well as implementing safety protocols and procedures to reduce company risk.
The Benchmark Approach to your Insurance Needs

With half a dozen services that we provide to our customers there is never a problem finding a resource that fits with your company and lifestyle. BMPG has over 10 years of experience in guiding clients into plans that fit their needs and ensure that they are secure and ready to take on the future. We recognize that each of our clients are unique, and we will tailor our recommendations for your specific company.

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