About Affinity PEO
Mission
Here at Affinity PEO Solutions, we intend to create a platform where small business owners can directly purchase their co-employment solutions such as HR services including EPLI, workers compensation, payroll, etc. from a Professional Employer Organization through a technological dias. Our mission is to make the lives of small business owners as easy as possible while we do all the heavy lifting.
Vision
Our vision is to revolutionize the way PEO agencies work. We aim to create a platform where we can direct small businesses to a landing page that can instantly price their HR services including EPLI, workers' compensation, and payroll. Which are done through preset algorithms and underwriting boxes with AI. We are trying to make PEOs as homogenous as possible and to stick with the sectors we serve best. Through us, the clients and the carriers can save money as well.
Benefits of Finding PEO with Affinity Group PEO Solutions
Workers Compensation and Risk Management
PEOs cater to workers' compensation needs of the employees, guarantee complete adherence to workers' compensation policies, find efficient plans to cover employees, and verify that the coverage is properly updated.
Services for Payroll
Payroll can always be handled independently by SMEs. However, it takes a lot of work to gather employee data, send out paychecks, etc. and identify needed taxes and withholdings. It can pose a real challenge when it comes to small businesses. It is unlikely that a small business might have its own payroll department. Therefore, using a PEO to handle all of this can be advantageous. They make sure to process payroll and have the resources to pay federal, state, and local employment taxes.
HR and compliance (incl. EPLI)
PEOs offer compliance specialists who can assist you in defending your company against business fines and OSHA infractions. They can also assist you with co-employment and HR compliance, along with hiring, workers' compensation, unemployment insurance, and the law and reporting obligations related to payroll tax.
Tax Administration
A PEO agreement typically specifies what tax withholding, reporting, and payment the PEO is accountable for on behalf of the small business they are partnering with. PEOs are familiar with state and federal tax laws, as they are a global phenomenon. With the payments received from the small business, the PEOs will use their EIN to pay their employees and their business taxes.
Why Do You Need a PEO Agency?
Every small business needs a PEO agency to help them reach it highest potential. PEOs extend their services to more than 156000 small and medium businesses.
Even though PEO agencies mainly cater to small businesses, they are not small industries themselves. The size of the PEO industry ranges somewhere between $136 and $156 billion dollars.
In the United States Of America, there are more than 800 PEO agencies that are providing their services to small and medium-sized businesses.
When a small business is working with a PEO, they don't take over the company. PEOs work together with the small business and help them to become more productive and efficient.
Who We Serve
Franchises
An SME that decides to franchise needs services for payroll, compliance, human resources, workers' compensation, and risk management. Consequently, we can offer small businesses better group pricing and other related benefits as an established PEO service broker who has been in the industry for a substantial while.
Industry Associations
Despite the fact that industry associations are large, they need the same services as other companies. We are fully equipped to assist industry associations with managing their benefits, HR, payroll, regulatory compliance support, and tax administration as a PEO brokerage service.
PE Portfolio Firms
PEOs are a terrific option for all venture-backed startups and PE firms. Through the Co-Employment partnership, a PEO gives the business improved operating conditions, higher benefits, and investment protection. Having a good PEO may assist small businesses to make sure everything is up to code and working properly for them.
Features and Benefits of Affinity PEO Company
We lower the opportunity cost of new businesses by making sure their time is not wasted with deals that are not viable and contain more risk than reward.
We improve the process along with the efficiency by putting everything through the API’s which are in constant communication with each other.
We can manage the colleagues internally while catering to the stakeholders externally in real-time.
We can report the status of all of the operations daily with the help of dashboards.
What Makes Affinity PEO Different
What makes Affinity PEO different from other companies is our determination to aid small businesses to run smoothly. When you are a small business owner, we understand that there is a lot on your plate. It might be overwhelming to keep up with the worker’s compensation, payroll, HR services, etc. That is why you need us.
Partnering up with Affinity PEO will give you the best customer experience and we are going to be right there to take your small business to its highest potential. We are unique because we aim to revolutionize and transform PEO service procurement such as HR services which also include EPLI, workers’ compensation, payroll, etc. so that you can focus on what you do best, which is running your small business.
Blogs
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