Sep 24 Gilbert’s Risk Solutions Launches Kismet PEO
Gilbert’s Risk Solutions in Sharon launches Kismet PEO to provide outsourced Human Resources, Payroll, Employee Benefits, Business Insurance, Workers’ Compensation & Risk Management and Recruiting.
Professional Employer Organization will provide small and start-up businesses access to big-business employee benefits including 401(k) plans, health, dental, life, and other insurance; dependent care; state-of-the-art technology, and more.
SHARON, PA-Legacy Brand Gilbert’s Risk Solutions – in operation since 1854 – has once again been led to its newest venture by the voice of their customer. Now it is offering small businesses the most effective and cost-efficient way to be an employer-by outsourcing Human Resources; Payroll; Employee Benefits; Insurance and Workers’ Compensation & Risk Management to Kismet PEO. Through Kismet PEO, small and start-up businesses will be able to gain access to big-business employee benefits such as 401(k) plans, health, dental, life, and other insurance; dependent care; state-of-the-art technology, and other benefits not typically received by employees of a small company.
According to the National Association of Professional Employer Organizations (NAPEO):
- Businesses that use PEOs are approximately 50% less likely to fail (permanently go “out of business”) from one year to the next when compared to similar companies in the population as a whole.
- 70% of business owners report that their revenues have increased since becoming a PEO client; 66% of business owners report that their profitability has increased since becoming a PEO client.
- The expected annual median revenue growth for PEO clients is 40% greater than that of comparable non-PEO firms.
“Our destiny has continuously unfolded over the years through our responses to the voices and needs of our customers,” Said Lew Kachulis, CEO of Gilbert’s Risk Solutions and Kismet PEO. “Late last year, we began offering Strategic Human Resources Services to our client partners and the stars really began to align. We realized that with our foundations in Risk Management, Workers’ Compensation, Claims Administration, and Insurance, the next natural step was to position ourselves as a single-source provider of powerful products and services to help businesses lower their costs while reducing risk and liability. We truly feel that fate called on us once again, which is why we created Kismet,” he added, explaining that “kismet” means fate, destiny, ‘what is written in the stars.’
In addition to standard PEO outsourcing offerings, Kismet also provides full or assisted services in the vital areas of Recruiting & Retention and Continuous Improvement for their clients. The goal of Kismet is to: increase profitability; maximize employee productivity; reduce time spent in transactional HR; reduce liability, and ultimately lower labor costs for the small business client.
“As a Chamber of Commerce, we are all about promoting business growth in our area. So we are beyond excited that the businesses in our region will have access to this sophisticated human resources outsourcing business model that will not only move our region forward as a whole but will also help our small business community become more successful,” said Sherris Moreira, Executive Director for the Shenango Valley Chamber of Commerce.
Under the Shared-Employment model of a PEO, Kismet PEO shares employer responsibilities with clients and relieves the client of fiduciary responsibilities and time-consuming and transactional employee-related tasks and employment-related liability. The client maintains full control and day-to-day management of their core business, its objectives & business agenda, employee selection & compensation levels.
Kismet will be hosting a free Lunch & Learn on November 6, 2019, from 11:30 am-1:30 pm to further introduce and inform local businesses about the services and tremendous value this co-employment business partnership model provides. For more information or to RSVP for the Lunch & Learn, visit kismetpeo.com.
Just in time to prepare for a January 1 enrollment, Kismet will now be available to become your human resources outsourcing partner so your businesses can get back to doing what you love: pursuing your passion.