IN THIS SECTION: What Is Leasing? | Role of PEO | The Benefits of Risk management | Benefits Information

ROLE OF THE PEO

Paradigm Senior Living becomes employer of record through a contractual legal arrangement - referred to as permanent employee leasing. In doing so PSL bears responsibility for payroll administration, taxes and withholding, workers´ compensation, unemployment insurance, medical benefits and related government mandated regulatory compliance and reporting.

Benefits to Business Owners and Managers:

• More time to focus on operational and marketing challenges as a result of reduced amount of time spent on administrative chores
• Controlled costs and managed risk related to workers compensation and unemployment claims
• Improved cash flow and predictability of expenses
• Increase your competitive recruitment edge by offering comprehensive benefits packages.
• Reduced risk in connection with employee-related laws and regulations
• Ability to attract and retain higher quality employees

Benefits to Employees:

• Access to previously unavailable retirement and health care benefits
• Prompt, accurate payroll delivery
• Industry Specific training about the issues YOU care about.

Workers Compensation & Unemployment

• We assume workers compensation & unemployment liabilities, and handle all claims.
• We don't require a deposit for workers compensation coverage. You pay regularly with your payroll.
• We eliminate year-end audits -- no more lump sum workers compensation charges.
• We can help to eliminate penalties for late tax payments and noncompliance.
• We help you identify potential hazards and we recommend safety programs.

Payroll Administration

• We process your payroll and handle all the paperwork; verify timesheets, calculate deductions, and print and deliver checks.
• We assume your payroll liabilities.
• We process and issue all year-end W-2´s.