![]() |
The PEO industry is an innovative alternative to traditional human resources. RMI becomes responsible for the administration of all employee administration issues, while the business owner retains full control over the business. RMI is your off-site human resource department to guide you through the employment laws and regulations. The PEO Industry can be traced to the Revolutionary War when colonial patriots recruited and leased the services of officers and soldiers from other countries to support their effort. Leased employees were used when Pinkerton Security Services leased guards to the railroad in the 19th century. Today, as employment requirements become excessive, the HR advantages of PEO’s have created a genuine need for the service. Basically, there are no changes. You still hire and fire and control all business decisions. What you do today, you do tomorrow with the exception that you have outsourced some of the administrative burdens. The PEO service changes your time schedule by giving you back time which is your most important commodity. It allows you to do what you went into business to do, which is to make money. RMI will process your payroll, issue the payroll checks, do the tax filings and issue the W2s. We handle the workers’ compensation insurance. RMI provides the administration of health insurance benefits along with supplemental insurance packages. We administer a retirement plan. Small to mid-size business owners want to focus their time on their own business and make money; which is why they went into business in the first place. However, when they got into business they found that they had many more issues to contend with than just running the operations. They found out they needed assistance in human resources, payroll, knowledge of regulatory compliances, insurance and risk management. If you have experienced or are experiencing these burdens and want to give those responsibilities to the experts, then a PEO is your solution. |