The foundation of our relationship with our clients and their employees is a simple concept called co-employment. Co-employment is a contractual relationship that allows PSM to be recognized as the administrative employer of record for your employees. You still manage your employees and retain control over the day-to-day operation of your company. PSM assumes responsibility for tasks such as payroll and tax processing, workers´ compensation and risk management, benefits administration, unemployment administration, legal and regulatory employer compliance, 401(k) and retirement plan administration, and employee assessments for hiring and promotion decisions. PSM handles the business side of employment - while you focus on growing your respective business.

The PEO concept has been popular and working successfully since the early 1980s. Somewhere between 2.5 and 3 million Americans are co-employed in PEO arrangements, and PEOs operate in every state. The industry is growing at a rate of 20-30% annually.

Business owners who try it find they can´t believe they went so long without it!

In today’s environment, it’s very common that a company can’t afford its own full-time Human Resources Manager– so the human resources function is oftentimes assigned to an office or payroll employee, under the direction of the Controller or President. Usually, only the very basic essentials of HR are being attended to: recruitment, some recordkeeping, processing of payroll and benefits paperwork, and some face-to-face interaction with employees when problems occur. What is lacking is the development and maintenance of the programs and systems that are so essential to attracting, motivating and retaining quality employees - the basis for the company´s continuing success.

Your employees want financial security, quality insurance benefits, a safe working environment, and opportunities for retirement savings. For many small companies, access to quality benefits is limited, at best. PSM gives employees access to a wide array of benefits typically seen only in much larger organizations, offering Fortune 500-quality employee benefits such as health, dental, vision and life insurance; retirement savings plans; and aggressive workplace risk management. In addition, PSM is staffed to answer the benefits questions that invariably arise for employees and their dependents. The ability to access better benefits with improved support is a significant factor in helping employees feel wanted and appreciated.

Your employees´ job security is improved as our economy of scale enables you to lower employment costs. Productivity also improves when your workers are given administrative tools such as employee manuals, grievance procedures and improved employer/employee communications to help them better understand how your business operates, what your mission is, and what´s required of them. Ultimately, this leads to happier and more productive employees.