And it might cost you less.
Calculate My Savings
Imagine reallocating the time and resources you currently spend on payroll, employment insurance, workers’ compensation and claims, and compliance woes.
Take payroll and HR off your to-do list for good.
Attract and retain top talent with benefits packages that compete with the big players in your industry. From health insurance to retirement plans, we’ve got your team covered.
Hit the ground running with a comprehensive handbook tailored to your restaurant’s needs, ensuring you and your team are on the same page from day one.
Benefit from the expertise of dedicated professionals who understand the ins and outs of the restaurant industry, HR, and payroll management. Your questions are answered, and your issues resolved — without the overhead of in-house specialists.
“Fourth really understands the intricacies of the restaurant industry and how complex payroll can be with onboarding, tipped employees, and turnover. With any issue, they always have the best solution ready for us.”
Partnering with Fourth PEO services means economies of scale, shared liability and risk management, and a dedicated team of HR specialists to handle your HR, payroll, and employee benefits administration.
The fact is, PEOs have the buying power of a large organization and can negotiate lower state taxes and lower workers comp, as well as offer more attractive health, dental, and retirement benefits for your restaurant staff.
Leverage Fourth PEO’s ability to secure lower State Unemployment Tax Act (SUTA) rates than you might achieve independently.
Access more favorable workers’ compensation rates through Fourth PEO’s pooled resources, reducing your expenses and exposure.
Beyond savings, our PEO services can fuel your restaurant’s growth by:
Take the burden of payroll and human resources administration off your plate and deliver cost savings through economies of scale.
For Restaurants and Hospitality Services
Overall Cost
PEOs offer comprehensive HR solutions that can lower overall costs through economies of scale and more efficient resource use.
Direct Fees
While PEOs may have higher upfront fees, they provide greater value through bundled services that address multiple HR needs.
Workers’ Comp. Savings
PEOs can secure lower workers’ compensation rates due to their large pooled risk, translating into direct savings for your restaurant.
SUTA Savings
With PEOs, your restaurant benefits from potentially lower State Unemployment Tax Act (SUTA) rates, reducing overall unemployment insurance costs.
Employee Benefits
Fourth’s PEO offers scalable, pay-as-you-go employee benefits, allowing your restaurant to provide competitive packages without the overhead of managing them in-house.
Administrative Costs
Fourth’s PEO eliminates the need for additional overhead expenses for HR tasks.
Unemployment Claims
Fourth’s PEO handles unemployment claims, reducing the administrative burden on your restaurant and minimizing potential errors.
Employee Handbooks
Fourth’s PEO provides customized employee handbooks, ensuring your restaurant has up-to-date, compliant, and professional documentation.
Dedicated HR Support
Fourth’s PEO provides you with access to dedicated HR experts offering personalized support and advice to navigate complex HR issues with ease.
401K Plans
Fourth’s PEO offers 401K plans in the benefits package, enhancing employee satisfaction and retention.
$2MM Employer Practice Liability Insurance
Fourth’s PEO provides $2MM of employer practice liability insurance, adding an extra layer of protection against potential HR-related legal challenges.
W-2 Forms
Fourth’s PEO manages and files your W-2 forms for all employees, streamlining tax reporting and ensuring compliance.
How does the pricing structure differ between payroll companies and PEOs?
Payroll services usually charge per payroll cycle based on the number of checks written to your staff. While Fourth charges a per-employee fee.
What kind of control do I retain over my employees with a PEO?
While PEOs co-employ your staff, which allows them to provide benefits and handle HR tasks, you retain control over day-to-day operations and employee management.
How flexible are payroll and PEO services in accommodating my business’s growth or changes?
Both payroll and Professional Employer Organization (PEO) services offer different levels of flexibility to accommodate your business’s growth, making them suitable for companies at various stages of development.
Are there any long-term contracts or commitments?
There is a one-year minimum commitment to Fourth PEO services.
Can a PEO help with compliance and regulatory issues?
PEOs offer you on-demand expertise in compliance and regulatory matters, helping you adhere to complex labor laws and regulations.
Still Have Questions? Chat with our PEO team today.