PEO simplifies workforce management for contractors
Professional Employee Organization
Our coverage
A PEO partnership offers pay-as-you-go billing with no audits, improving efficiency and employee satisfaction while giving contractors a competitive edge.
PEO at Glance
Professional Employer Organizations (PEOs) provide a co-employment model, handling HR tasks, workers’ compensation, payroll, and benefits administration, allowing contractors to focus on core operations. This partnership streamlines HR processes, ensures compliance, manages risk, and offers access to comprehensive employee benefits, making workforce management more efficient and cost-effective. Our PEO partners are committed to not just managing risk, but to collaboratively enhance your company’s safety culture.
Our PEO solutions provide expert HR support tailored for the construction industry, ensuring compliance, efficient employee management, and industry best practices. Beyond payroll processing, we guarantee accuracy and compliance, freeing up your time to focus on core projects. Our benefits packages can be up to 30% more affordable than traditional options, making the PEO model a smart choice for high-risk companies looking to lower premiums while maintaining quality coverage, safety, and compliance.
Many employees fall under the protective umbrella, but not all are covered. For example, full-time,
part-time, and seasonal or temporary employees are fully covered. However, uninsured 1099 contractors typically manage their own insurance and tax obligations.
Similarly, certain specialized roles may require separate insurance arrangements, depending on the PEO’s policies and capabilities.
Partner with the Experts: Why Lite Speed?
We simplify contractor and vendor compliance, ensuring cost-effective solutions while helping you navigate umbrella vs. excess policies to stay compliant without overspending. Our expertise allows us to tailor solutions that maximize efficiency and save thousands. We work directly with certificate holders to verify accuracy, ensuring you only pay for what you need. Plus, our strong carrier network offers exclusive, construction-specific coverage options.
Wanna know more?
Reach out to us today to experience personalized service and comprehensive coverage tailored to your needs.
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4475 US-1 Suite Unit 301,
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We’re dedicated to blending speed with integrity, always keeping your business’s growth front and center. Our goal is to empower your success at every turn.
What are the benefits of using a PEO?
Lower Workers' Compensation Costs – Access to group-rated policies and claims management to reduce costs.
HR & Compliance Support – Ensures businesses follow state and federal employment laws.
Payroll & Tax Administration – Handles wages, tax filings, and reporting.
Better Employee Benefits – Access to large-group health plans, 401(k), and perks at reduced rates.
How does a PEO help with Workers' Compensation?
PEOs provide Workers' Comp coverage under their master policy, often at lower rates than businesses could get on their own. They also:
- Handle claims management to reduce premiums.
- Ensure compliance with workplace safety laws.
- Assist in audits to prevent surprise costs.
What industries benefit most from a PEO?
PEOs work best for industries with high administrative burdens or compliance risks, including:
- Construction & Trades
- Roofing & General Contracting
- Manufacturing & Warehousing
- Healthcare & Professional Services
How do I know if leaving a PEO is the right choice?
Leaving a PEO makes sense if:
- You’re overpaying for Workers’ Compensation or payroll services.
- You don’t need HR outsourcing and prefer direct control.
- You want to customize your own insurance and benefits.
How does a PEO relationship work?
A business partners with a PEO through a co-employment agreement, where:
- The business retains control over daily operations and employees.
- The PEO handles payroll, benefits, HR, workers' comp, and compliance.
Do I lose control of my employees with a PEO?
No. You retain full control over hiring, firing, job duties, and company culture. The PEO only manages HR and compliance tasks to reduce administrative burdens.
How much does a PEO cost?
PEO pricing is based on:
- A percentage of total payroll (e.g., 2-10%) OR
- A flat per-employee fee
Businesses often save money due to lower insurance costs and administrative efficiencies.
How do I know if leaving a PEO is the right choice?
Leaving a PEO makes sense if:
- You’re overpaying for Workers’ Compensation or payroll services.
- You don’t need HR outsourcing and prefer direct control.
- You want to customize your own insurance and benefits.
