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Employee Benefits Midland Park, East Rutherford, Ridgewood, & RamseyEmployee benefits typically refers to group health, group life insurance, retirement plans, group disability insurance, group long term care insurance, and employee stock ownership plans.
These benefits are increasingly expensive for businesses to provide to employees, so the range and options of benefits are changing rapidly to include, for example, flexible benefit plans.
If your business is looking to outsource your employee benefits you may want to consider the use of a Professional Employer Organization or PEO. A PEO is a business entity that provides human resources outsourcing services to client companies through the use of a co-employment relationship. The PEO acts as the Administrative employer and the client acts as the Worksite employer. This relationship is based on a true partnership. Because of the co-employment relationship, a PEO can help small and medium sized businesses achieve economies of scale that they may not be able to achieve on their own.
Our aim, at Eastern Insurors is to make sure you spend only what you need to and help you manage these rising employee benefit costs. Our trusted advisors are ready to help you today.