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PEO
- Professional Employer Organization
 As
your “Trusted Advisor” Lassiter-Ware Insurance is
continually searching for the best solutions to your business
insurance needs. One such solution is to outsource the
increasing and ever changing personnel issues in the workplace
that affect you and your employees by utilizing a PEO.
• What is a PEO?
A PEO (Professional Employer Organization) is a company that
uses co-employment to provide payroll, workers’ compensation,
claims and human resource administration. The PEO takes
on the backroom non-revenue producing functions so that the
Client is free to concentrate on enhancing the bottom line
• How do we choose a PEO?
The PEO Department of Lassiter-Ware is contracted with the Nation’s
best PEOs. Most of these PEO’s are publicly traded
and use A+ carriers for all coverages (workers’ compensation
and health benefits). After an in-depth analysis of your
business, we will match your company with the PEO that best
fits your needs.
• What are the benefits of utilizing
a PEO?
PEO’s were formed to provide business owners with Fortune-500
caliber human resource management services. Aside from
sheltering employers from some of the liabilities of being an
employer a PEO delivers the following benefits
1. Workers’ Compensation
Services
No down payment
No annual audit or surprise
audit premium
Assess loss control needs
and make recommendations
2. Benefit Services
Provide major medical plans
and administration
COBRA tracking
Claim resolution
Section 125 Cafeteria Plan
administration
3. Human Resource Services
Provide EPLI Coverage (in
most cases)
Provide guidance with the
implementation of Employee Handbooks
Audit personnel files for
compliance
Review and/or create job
descriptions
Help with Interviewing,
discipline, hiring, terminations
Administer Unemployment
claims
4. Payroll Services
Process and prepare paychecks
Offer Direct deposit
Prepare 940 & 941
Prepare W-2 and State Unemployment
Reports & Returns
Report & Deposit all
Payroll Taxes
• Can a PEO save my company money?
The answer is yes! A PEO is a large employer who buys
services based on thousands of employees. Aside from this
a PEO will help you to eliminate dealing with the backroom activity
that drops nothing to the bottom line freeing up your employees
to concentrate on revenue producing tasks. A PEO will
also insulate you from some of the liabilities of being an employer
which could save you in the form of fines and penalties.
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