PEO and Employee Leasing companies save business owners millions in human resource and employee costs.
February 12, 2005 (PRLEAP.COM) Business News
Employee leasing and PEO business services is a fairly new industry. The first PEOs started popping up in the mid 1980s as co-employer relationships. It's an industry that is growing by about 20 percent per year and expected to continue for many years to come.PML Holdings Group was started in 1985 and is considered the longest operating PEO in the state of Michigan.
Since the inception of the PML family of employee leasing and PEO payroll service companies, PML has purposely elected to grow slowly, but consistently. PML's philosophy is somewhat different than most companies involved in this field. Jim Shelton CEO of PML says "it is PML's goal to continue slow, but stable growth in order to continue its unique, "personalized" service, and, to control the costs that normally increase as the employee leasing and PEOs size increases".
PML offers through employee leasing and PEO payroll services "top of the line" benefit packages with a number of health insurance options, complete payroll services, personalized reporting, administrative services, handle human resource issues and works closely with its clients in keeping costs down for the employee leasing and peo payroll company and its clients. Within the past few years PML has added employee paid 401(k) and premium savings (Section 125) for payroll deduction for dental, vision and life insurance to its group of employee leasing and P.E.O companies.
Using a PML Holdings Group member employee leasing and PEO payroll service company makes employee leasing a cost-effective convenience for any small (5 employees) to Mid-size (250 employees) business owner. The reductions in cost are made possible through volume discounts by pooling your company's employees together with PML's for worker's compensation, health, dental, vision and life insurance benefits, state taxes, S.U.T.A. taxes, federal taxes, etc. PML clients' paperwork hassle and time consuming follow up are reduced, and sometimes eliminated, because PML does the work for them. All payroll related taxes, filings and reports are also handled by PML, leaving the business owner free to take care of the things he or she went into business for… Making A Profit! PML takes care of most of the human resource paperwork, thereby allowing the owner to reduce, or possibly eliminate human resource staffing, adding up to more savings!
According to Jasen Burcham (National Sales Director) "education is a major factor in PML's sales cycle because most business owners have never heard of a PEO or how it can help their business for that matter. Most businesses in the United States could benefit from the services of a PEO or Employee Leasing Company. However, most business owners have never entertained the idea and to that end have no idea of the time and monetary savings the PEO can facilitate for their business".
The staff at PML are seasoned professionals in their industry and would be happy to share their knowledge with business owners and the press alike.