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Buying Power
Lowers Cost
The concept is simple.
The more volume you are buying, the more buying power you
have.
The large employer with 5,000 employees obviously has more
buying power than the company with 50 employees. The big
company gets better pricing on workers compensation, group
health insurance, payroll processing, etc.
StreetSmart PEO programs aggregate
the insurance premiums and payrolls of hundreds of small
and medium-sized business through a service known as Professional
Employer Organizations (PEO). This brings you the
buying power equal to that of Fortune 500 companies.
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StreetSmart
aggregates the insurance premiums and payrolls of hundreds of small
to medium-sized business through an industry-specific
Professional Employer Organization (PEO).
This brings the buying power equal to that of Fortune 500
companies to your company.
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Lowering Premiums
Below are recent examples of how employers saved thousands of dollars:
Medical
Facility:
Medical center in
Southeast Missouri:
Number of employees: 200
Annual Savings on Group health premiums: $ 125,000. Our annual premium
savings was $625 per employee.
Logistics
Company:
Logistics
Management Company in St. Charles County, Missouri:
Number of employees: 45
Annual Savings on workers compensation expense: $ 32,000. This is
$711 savings per employee per year.
Construction
Company:
Commercial
Roofing Company in Northern Illinois:
Number of employees: 24
Annual Savings on workers compensation expense: $ 26,000. This equates
to $1,100 savings per employee per year.
Imagine how much
you could save if you had the buying power of the largest companies
in your industry.
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