Employee Leasing Guide
When you’ve made the decision that you want to use employee leasing for your business, you have to decide which PEO is right for you. Most employee leasing businesses offer free quotes, so don’t be afraid to take advantage of this service. Asking questions, no matter how simple they seem, is important, so ask anything that comes to mind.

Some guidelines to keep in mind are:

  • Are they licensed and certified to act as a PEO in your state?

    Some employee leasing agencies are only certified in specific states.

  • Can they provide professional references?

    Without references, it is hard to get a feel for how they treat other companies.

  • Will they provide you with a financial statement?

    Make certain your money is safe; this is an investment in your business.

  • Are they a member of NAPEO, the national trade association of PEOs?

    While not essential, this membership can make a big difference in ensuring you are treated fairly and professionally.

  • What guarantees do they offer?

    Ask about guarantees so you know what to do if complications arise and need solutions.

  • What responsibilities are yours and what are theirs?

    Understand what the employee leasing company needs from you and what you get in return.

  • Does the company fit your employees?

    A white collar PEO may not be a good fit for a blue collar company.

  • Have they worked in your industry before?

    If they do not understand how your industry works, there could be complications and bad communication.

  • Are their insurance carriers allowed to operate in your state?

    Insurance companies are very specific; make certain the ones they use will cover all the states in which your employees work. 

  • How do they handle risk management?

    Will they work with you on a set of regulations and provide signage, or is it predetermined? Find what works best for you.


While not exhaustive, these are some of the heavier questions to ask. Trust your instincts; if a company sounds too good to be true, then it probably is, and entering into a partnership with an employee leasing company must make you comfortable. If you are not satisfied with the answers, keep looking. There is sure to be a PEO that is a good fit for you.
 


Click Here to request a proposal online or call 1-800-650-3002.

 

 
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