Using PEO services not only gets you going faster, but provides superior coverage to traditional insurance for most businesses. In addition to faster startup times, a PEO takes on liability that frees you up to stay focused on your business and not back office headaches.
Integrating payroll and insurance saves employers time and money. Pay-as-you-go workers' compensation means you only pay for what you use. No more payroll audits. No more up front expensive deposits. No more guessing.
Using Bridgely Key Options to help you with payroll, workers compensation, and general liability means you only have one call to make to get you started.
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Through a PEO, the employees of a small business gain access to big-business employee benefits such as: health insurance, dental and vision care, life insurance, retirement savings plans, job counseling, adoption assistance, education benefits, and even pet insurance
Business that use a PEO are approximately 50 percent less likely to fail (permanently go “out of business”) from one year to the next when compared to similar companies in the population as a whole. The overall business failure rate among private businesses in the US as a whole is approximately 8 percent per year, based on 2012 data. It is approximately 4 percent per year for those companies that use a PEO.
