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Another area in which a business owner has a
challenge competing is employee benefits. In order to get competitive rates
for quality benefits, small businesses once again gain from pooling their
employees in with a larger group. By being with a PEO the client company
can get good rates without having to spend the time calling various insurance
companies and negotiating. By having a superior benefits program, small
businesses are able to attract and retain quality employees. Some of the
benefits offered by a PEO are:
- Health insurance
- Long and short term disability
- Vision
- Dental
- Flexible spending account
- Life insurance
- 401(k)
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