PEO/Staff Leasing

We've designed our Staff Leasing program to minimize the daily administrative costs your company incurs, so you can maximize your profit.

What is a PEO? A Professional Employer Organization is a firm that assumes or shares with you the administrative responsibilities and financial liabilities that go along with being a business owner. By entering into a contractual agreement called employee leasing, your company tranfers to NEC the responsibilities associated with payroll, taxes, and employee benefits like workers' comp. With staff leasing, NEC helps you increase your profit margin by reducing operating expenses and liability.

Is a PEO right for you? Ask yourself these questions:
· Am I getting the most out of my administrative expenses*?
· Could my business save time and money on these costs?
· Am I spending too much time overseeing these functions?
· Are Federal and State regulations becoming so complicated and costly that I may be subject to fines and penalties that I cannot afford?
· Are employee benefits becoming unaffordable because my company is small?
· Have unemployment and workers' compensation costs risen due to lack of knowledge and time to administer these programs?

*What are administrative costs? It is difficult to precisely calculate a total dollar value for administrative costs, but it is possible to make an accurate estimate. You should consider all costs and time involving, but not limited to:         
· Human Resources Management
· Processing Payroll
· Benefits Administration
· Workers' Compensation
· State and Federal Unemployment Insurance
· W-2's
· Non-productive administrative costs - The Small Business Administration and U.S. Chamber of Commerce have completed several studies on non-productive administrative costs. These studies indicate that the national average of administrative costs for small and medium size businesses is calculated at 8.46% of gross payroll.

For more information on PEO/Staff leasing, please contact us at 1-800-535-8283 or info@necstaffing.com.