Client Profile
LED Panel Manufacturer with 80 employees and $10.5 million in gross payroll, located in the northeast with multiple locations
Challenges
The client had overall satisfaction with their previous PEO, however there were 2 main issues. One, their PEO’s billing reports were confusing and not transparent, making it difficult to accurately budget, and two, the technology platform was antiquated. The client’s goal was to find a provider that could provide a clearer cost structure, while improving the technology
FPS Results
FPS negotiated a solution with a top 5 PEO that provided significant financial savings and solved their two main problems: billing transparency and technology improvements
Cost Savings
- Admin fees: $200,000 > $90,000
- Workers’ comp: $31,000 > $9,000
- Health insurance: $1,000,000 > $850,000
Total savings: $282,000 annually
Service Improvements:
- Transitioned to a flat fee structure for transparency
- Introduced a complete, bundled technology solution, adding:
- Integrated Time and Attendance / PTO module
- Learning management systems and electronic onboarding
- Applicant tracking software
- Performance management
- Employee expense module
*All client case studies provided by FPS are based on real engagements; however, certain details (including company identifiers and financial figures) may be modified or approximated to protect client confidentiality while maintaining the accuracy of the scenario and outcomes.