Florida is an Administrative State, which means the insurance rates for each class of workers is fixed by the state (and an association called the NCCI.) The only way to get discounts on worker's comp is to have a large deductible policy, or go with a company such as a PEO that has a special large policy and can charge less.

Did you know that unemployment taxes only apply to the first $7,000 of each employees pay per year? Yes, after that you can stop paying the Federal Unemployment Tax (FUTA), which is .8%, and the State Unemployment Tax (SUTA), which starts at 2.7% and changes depending on your history. The starting rate is locked in for 10 quarters, but after that you can go as low as .42%. One of the great advantages to PEOs is their low SUTA rate. They are usually somewhere near the minimum, which saves you money!

How many forms do you need to fill out for a new employee? What is required to be in compliance with state and federal regulations for your employees? Don't know? Well a PEO does. PEO Pros can help you find the right PEO for your needs.

Injuries on the job cost employers money. Insurance companies will eventually charge more for a type of worker that has more frequent injuries. Have monthly safety meetings! Enforce the safety regulations in your work environment. Just taking a few minutes to keep an area clean and neat can save lives, pain and money!