Challenges

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  • The client was paying a percentage of payroll for their admin fees.
  • Needed to be able to run payroll for Employees and Contractors.
  • Thought they were overpaying for their Workers' Comp.
  • Large employer with employees in multiple states — needed a dedicated service team to support internal staff.

Solutions

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  • Placed them with a PEO that had a transparent admin fee.
  • The new PEO accommodates staff and contractors for payroll.
  • Uncovered, they were overpaying $500k for Workers' Comp.
  • Implemented a PEO solution that fits hiring, payroll, enrollments, and offboarding.

Bottom-line

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1
Administration Fees

Moved from a bundled percentage of payroll for admin fees to a flat fee per employee — saving over $325k.

2
Insurance Savings

Took over their health insurance in the open market and saved $518k in Workers' Comp premiums.

3
Overall

We worked with the client to address service concerns — uncovering they were paying over $844k too much in total.