Planmarc, LTD was established in 1982. Over the past 27 years Planmarc has successfully positioned itself as the longest operating and most respected PEO broker. This has been accomplished though honest and ethical business practices established with some of the finest PEO's throughout the United States.
A PEO is a cost effective convenience for any business owner. The reductions in cost are made possible through volume discounts by pooling your companies employees together with the PEOs current employees.
The average client of a PEO is a smaller business (less than 100 employees), though larger businesses (over 100 employees) find value in the PEO arrangement such as reduced employee health benefit costs and a reduction in liability with regard to unemployment and workers compensation insurance. A PEO's customers include most industry types from office employees to trucking and every profession in between.
For example, a business of 10 employees would be unable to negotiate a favorable deal with insurance carriers, while a PEO of 2,000 employees would be in a position for volume discounts. Similarly, small businesses do not have the resources to offer their employees attractive retirement packages; such as 401K Plans. In tight labor markets or competitive professions, the quality of the benefit packages may help skilled employees select one employer over another.