It’s a great time to be a business owner in Kansas. Opportunities for growth and expansion are everywhere, and there’s no better way to take advantage of them than to partner with a Professional Employer Organization, or PEO, to reduce costs and streamline operations. By using an outside resource for help with payroll processing, benefits administration and other HR-related functions, you can help enable your company to prosper well into the future.
There are many key differentiators that set some PEO’s apart from others. In fact, there are so many PEO’s with their own industry specializations and service focuses that it can be hard to know where to start in locating the one that is right for your Kansas business. That’s why we’re assisting and looking at the top Kansas PEOs.
To find out more about PEOs in Kansas, keep reading on:
High-Level Overview of Kansas PEO Companies:
Kansas businesses can benefit from PEOs in a variety of ways, although a few primary features take the forefront. A quality PEO service provider will be able to manage standard HR needs for any employee. Other major tools and services include benefits acquisition and administration, payroll management, handling workers comp on a cash flow basis, managing quarterly tax filings, and risk mitigation.
You will also be able to expect most PEOs to aid your business with employee recruitment, expense reporting, training, and additional tasks. And since a PEO service provider will be negotiating benefits using their entire pool of client employees, your business will be able to get better prices on health and workers comp coverage.
Factors for Evaluation of a Kansas PEO Service:
There’s a lot to look at when reviewing Kansas PEO services. That being said, every major aspect of a provider is important, and we dove deep to make sure you get the information you need. We considered each of the following features when looking at each PEO:
- – Tax processing
- – Payroll processing
- – Health insurance options and support
- – HR regulation compliance assistance or management
- – HR management and consulting support
- – Recruiting and onboarding support
- – Safety compliance and risk management
- – Time, attendance, and productivity tracking tools
- – Customer service and feedback
- – Additional features and specializations
Kansas has plenty of options, so it’s especially important to know about the most important factors when selecting your PEO.
We want to make sure that you work with a full-service solution, no matter which PEO you end up selecting. As such, you should consider available any standard service or benefit that is not mentioned in the recommendations above.
Benefits Of Using a PEO In Kansas
Insurance Cost Savings – A Kansas business can save money, mostly through lower health insurance costs, by using a PEO. PEOs can negotiate better with benefits providers, as they are able to leverage more bargaining power.
Less Paperwork – Paperwork is among the worst parts of owning a business. A PEO will help keep paperwork to a minimum.
Compliance and Legal – A PEO can handle all compliance and legal issues regarding your business’ employees, and also advise on any regulations you might need to deal with. The PEO’s staff and expertize will help your business avoid problems.
FAQ About PEO Companies in Kansas:
What is a PEO? – A PEO (Professional Employer Organization) allows a business to outsource its employee management, have other HR tasks handled for them, and gives personnel management support when needed. They will manage your payroll, tax forms and payments, insurance (health care benefits and workers compensation) and other benefits such as retirement plans, life insurance, long-term disability insurance, vision insurance, dental insurance, employee wellness programs, and on-boarding new employees.
What Are the Benefits of Using a PEO? – The main benefits of using PEOs are reduced HR costs and the use of their time-saving platforms and services. They also manage HR compliance and risk-aversion. They usually allow your business to provide better benefits to employees, making employees happier to work with your business.
How Much Does it Cost To Use A PEO in Kansas? – It usually costs between $1,000 – $2,000 per year per employee to use a PEO. Businesses with more employees will be able to get a better rate.
How Does a PEO charge? – PEO’s generally charge a percentage of overall payroll or a straight admin fee per employee. PEOs that charge the admin fee are preferable, as those fees are much clearer. We find that PEOs that charge based on payroll have more hidden fees and are harder to work with on a billing level.
Does it Cost Money to Switch to a PEO? – There is usually a setup fee. This ranges from $1000 to $15,000, depending on the size and type of your business.
How Long Does it Take to Get Started Once I Choose a PEO? – The time it takes to start up your services can range from three to six weeks. You can expect an average startup time of about four weeks.
Can I Get Health Insurance for Myself and My Family as the Founder? – The answer to this question varies from PEO to PEO.
As the Founder, Should I Pay Myself Using a PEO? – You should be using the PEO service to do your own payroll, although this might change based on your business’ setup.
Is There Anything Special to Consider When Looking at Kansas PEOs? – You will most likely want to work with a PEO service provider that knows how to work with rural businesses and in states that are not considered major business hubs. Otherwise, you will simply want to make sure the PEO has a dedicated team or staff that know how to help Kansas businesses best.
What is the Best PEO in Kansas? – The answer to this question will vary based on your business and what you are looking for. Check out our state-based PEO guide here.
We know the hard work and time it takes to arrive at a decision on which Professional Employer Organization to partner with for the success of your Kansas-based business. Hopefully this information has been helpful, but if you need even more, we can still help.