Workers' Compensation insurance costs and claims management can be extremely challenging for small to medium sized businesses. As PEOs provide workers compensation insurance coverage for numerous employers, it can use these economies of scale to provide volume discounts – normally reserved for very large employers. By combining the premiums from hundreds of safety-conscious businesses along with a strong focus on risk & claims management PEOs often provide better pricing and long-term stability for clients.
Why This Matters: PEOs provide competitive and stable pricing, which helps organizations survive and thrive. Superior overall risk and claims management provide long-term stability, success and increased profitability for businesses.