Biggest Beneficiaries of PEO Services: Roofers

There are many industries that are benefiting greatly from the advent of PEO (Professional Employer Organization) companies. Among such industries, roofing companies must be on top. This is due to the presence of roofers who employ people indirectly to save money which is a must for legitimately run roofing organizations. There are workers, who just to get paid jobs are willing to work for unscrupulous companies. But all this has changed with the advent of PEO services.

When bidding on jobs, legitimately run roofing companies not only have to think about materials and worker wages, but also payroll taxes and workers’ compensation costs. The big roofers lost their competitive edge to roofers who employed people with cash and got new workers after getting new jobs each time. These roofers did not have to follow all the state rules and regulations regarding payroll taxes and worker’s compensation.

Again, before these PEO companies arrived on the scene, small and new roofing companies had little choice when it came to choosing insurance companies for workers’ compensation, etc. The big insurance companies obviously liked to work with big roofing companies with a proven record of safety. This meant that small companies were at a disadvantage compared to the large, established roofing companies. They had no choice but to opt for the services of the state’s workers’ compensation program, which raised their premium costs too high and made them uncompetitive.

But when roofers partner with an efficient PEO company, these PEO companies take care of all their concerns on employee related issues. Whether it’s payroll taxes or workers’ compensation premiums, PEO Company takes care of all the issues, which translates to big savings for roofers, regardless of company size. On average, roofing business owners have increased savings of 15% to 40% on workers’ compensation packages when using the services of a PEO company. In stark contrast to large insurance companies that require you to pay thousands of dollars to initiate such a compensation package, PEO companies require only a few hundred dollars upfront for these services.

This is not all as PEO Company also takes responsibility for managing payrolls which is nothing short of a headache for roofers. This reduces time and effort for roofing companies, allowing them more time to focus on business activities.

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