With layoffs happening lately due to the COVID-19 virus, companies now more than ever need the expertise of an experienced HR department.
And while some other PEO’s and EOR’s Workers Comp rates will be increasing in June, Kruse’s WC rates will remain the same.
Time to make a switch to Kruse!
As DC agrees on a " US back to work plan," chances are it will be financed with higher SUTA and FUTA taxes (along with other tax increases.)
This is basically what happened post the 2008 recession.
EOR's/PEO’s like KRUSE may have lower SUTA rates. And if so it may be less expensive to use KRUSE in many states.
We also anticipate changes to ACA/ healthcare plans. For example, it may be more attractive/less expensive, to use an EOR/PEO in order to provide a variety of health care plans to your EE's. Specifically certain employees get more robust (i.e. expensive) health plans, and the EOR/PEO employees get less expensive health care plans.
With a lot of payroll tax changes coming over the next 12 months and beyond, having all liability fall on KRUSE instead of you, is a big reason to use an EOR/PEO for all your back-office needs, services, and insurances!