PEP – Professional Employer Program
Mitigate Risk with Payroll & Benefits Administration With our Risk Mitigation Services, your non-agency and non-approved vendor contingent workers are added to the M10 Tek payroll, thus minimizing co-employment risks and eliminating paperwork associated with benefits,payroll and related tax issues. Eligible workers may include: 1099s or Independent Contractors.
Advantages:
- Minimize your exposure to IRS and co-employment issues, while maintaining flexible workforce capabilities.
- Reduce overhead with payroll taxes (FICA, FUTA, SUI), unemployment, disability and workers’ compensation and employee claims — all handled by M10 Tek.
- All workers are covered under M10 Tek’s comprehensive general liability, professional liability and workers’ compensation insurance policies.
- Eliminate on-boarding and off-boarding administrative costs.
- M10 Tek provides weekly payroll processing for all employees, 1099′s and Independent Contractors.
- Health and Life Insurance is provided by M10 Tek through a variety of regional and national Insurance Plans and HMOs for those qualifying contractors.
At the forefront of our Payroll Services is our unique consultant pass-through program (PEP). This program has been designed to quickly and easily allow customers to hire non-partner/non-approved vendor consultants at a reduced hourly rate. By leveraging M10 Tek as the employer of record, our customers are able to eliminate unnecessary layers typically added to the contract recruiting process.