SWBC PEO Success Story | Coley
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A PEO Success Story: Coley

Learn how Coley realized a 60% reduction in PEO administration costs by switching to SWBC.

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SWBC PEO helps Coley save over 15% in fringe benefits costs, in turn making them a more competitive government contractor.

Successes:

  • By switching PEO providers, Coley realized a 60% reduction in PEO administration costs.
  • SWBC PEO helps Coley save over 15% in fringe benefits costs, in turn making them a more competitive government contractor.
  • SWBC PEO helps Coley offer their employees an extensive benefits package, allowing them to stand out in a tight labor market.

Challenge

Working in a price-sensitive industry such as the government contract space means every dollar counts. For small businesses such as Coley, it’s critically important to keep back office costs low. Hiring in-house staff to manage payroll and HR-related duties can be expensive, increasing their operating costs and making them less competitive. However, the conundrum with offering no or less-robust employee benefits in order to reduce costs means lack of access to a strong pool of talent.

In a tight labor market, perks like a competitive benefits package can make all the difference in attracting the right talent—the talent needed to serve their government-entity clients. In addition, as a government contractor, Coley operates nationally. Keeping up with all of the different HR laws and payroll tax requirements across many states can become overly burdensome, especially where a mistake could cost a company dearly.

Let SWBC PEO help you simplify your HR and payroll operations so you can focus on growing your business.

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THE SWBC SOLUTION COMPETITIVELY PRICED BENEFITS

Coley has always understood the value of a Professional Employer Organization (PEO). They understand the benefit of having a knowledgeable partner that can take over stressful and time-consuming tasks such as payroll, benefits, HR, and compliance so they can focus on building their business and serving their employees and clients. Coley has worked with multiple PEOs in the history of their organization, but because operating expenses can literally mean the difference between winning and losing a contract, they have to ensure their PEO partner can provide the most competitive rates—and, ideally, provide stellar customer service—and SWBC PEO did just that.

“We’ve used several PEOs, and our biggest challenge with other PEOs is their payroll and benefits cost were too high, making us uncompetitive in the government contracts market,” said Jack Coley.

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The ResultsCost Savings

PEO Administrative Costs

Coley saved 60% on PEO administration costs by switching PEO providers. “We’ve used several PEOs, and our biggest challenge is their payroll and benefits cost were too high and that made us uncompetitive in the government contracts market,” said Coley.

Fringe Benefits

SWBC saved Coley over 15% in fringe benefit costs. These are significant savings that help Coley compete as a government contractor where profit margins are razor thin and can make the difference between winning or losing a contract bid!

Happy Employees

SWBC PEO offered a more competitive employee benefits package and additional cost savings that Coley passed on to their employees in the form of lower-cost benefits and higher salaries.

About SWBC PEO

SWBC’s Professional Employer Organization (PEO) provides HR compliance, health benefits administration, payroll processing, workers’ compensation, and loss control services to businesses headquartered in Texas. SWBC PEO is a single solution for all of your employment-related needs.

Learn more about SWBC PEO

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