As I speak to small business owners every day, a very simple question is at the heart of those discussions.  How can Actum, or any other PEO help my business save money?  Well the answer lies in another wildly overused industry buzz word.  “Economies of Scale”.  When we tell small businesses that we can save them money on their group health care plan and worker’s compensation insurance, they immediately think that we are an insurance broker.  Not the case, we have a broker just like they do.  The way we can save companies money is through leveraging the co-employment relationship to get larger group pricing for those services.  What that means, is that the employment relationship is outsourced to the PEO.  While the business owner retains all of the day to day employer responsibilities, i.e. daily management, training, hiring & firing, performance improvement, etc… the PEO does all of the back office HR related activities i.e. paperwork processing and storage, payroll processing, WC claims management, healthcare plan administration, cobra administration, ERISA compliance, on-boarding training, off-boarding, compliance with the dozens of other employment related regulatory issues, etc… 

We don’t sell insurance, we sell access to our group pricing.  By offering that group pricing, the business owner is also removing a number of other non-revenue producing activities from their to-do list.  We free the small business owner to go out and produce revenue, and we take care of the business of employment.