Why make the switch? Because PEOs can do all of the following (and cost you less money).
Plus, you can get a year of HotSchedules for free.
With higher rent, food, and labor costs, running a profitable restaurant is more challenging than ever.
You can’t control these costs, but you can lower your State Unemployment Tax (SUTA) and Workers’ Compensation tax by partnering with a PEO company.
By partnering with Fourth, we can handle all of the HR tasks you don’t want to do for less money than your current payroll provider.
“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.”
— David Culhane, the Operations Director at Sun Pubs
PEOs work by becoming co-employers of your staff. They share workforce responsibilities like handling payroll, benefits administration, and compliance, freeing up time to focus on and grow your business,
The savings PEOs can obtain for you—from their scale and tax advantages — offset the partnership’s out-of-pocket costs.
Each state has a different SUTA tax rate for new employers. The SUTA tax rates in Georgia range from 0.04% to 8.10%. The new employer tax rate is 2.70%.
We lower your State Unemployment Tax
We lower your Workers’ Compensation Costs
Partnering with Fourth PEO services means you can save money by sharing resources, reducing your risks, and having a team of HR experts to manage your HR tasks, payroll, and employee benefits.
PEO | Payroll Service | |
---|---|---|
Overall Cost
PEOs offer comprehensive HR solutions that can lower overall costs through economies of scale and more efficient resource use. |
Lower | Higher |
Direct Fees
While PEOs may have higher upfront fees, they provide more value through bundled services that address multiple HR needs. |
Higher | Lower |
Workers’ Comp. Savings
PEOs can secure lower workers’ compensation rates due to their large pooled risk, translating into direct savings for your restaurant. |
Covered | Not Included |
SUTA Savings
With PEOs, your restaurant benefits from potentially lower State Unemployment Tax Act (SUTA) rates, reducing overall unemployment insurance costs. |
Covered | Not Included |
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. |
Pay-as-you-go | Not Included |
Administrative Costs
Fourth’s PEO eliminates the need for additional overhead expenses for HR tasks and payroll taxes. |
Included | Extra Charges |
Unemployment Claims
Fourth’s PEO handles unemployment claims, reducing the administrative burden on your restaurant and minimizing potential errors. |
No Hassle | Additional Costs |
Employee Handbooks
Fourth’s PEO provides customized employee handbooks, ensuring your restaurant has up-to-date, compliant, and professional documentation. |
Included | Not Included |
Dedicated HR Support
Fourth’s PEO provides you access to dedicated HR experts offering personalized support and advice to easily navigate complex HR issues. |
Whenever you need help | Not Included |
401K Plans
Fourth’s PEO offers 401K plans in the benefits package, enhancing employee satisfaction and retention. |
Included | Not Included |
$2MM Employer Practice Liability Insurance
Fourth’s PEO provides $2MM of employer practice liability insurance, adding protection against potential HR-related legal challenges. |
Included | Not Included |
W-2 Forms
Fourth’s PEO manages and files your W-2 forms for all employees, streamlining tax reporting and ensuring compliance. |
Managed and Filed | Varies |
Georgia’s restaurant industry is a major economic driver, valued at $30 billion and encompassing over 23,000 locations. Employing more than 500,000 people, it is one of the state’s largest private-sector employers. The industry, predominantly composed of small businesses, generates significant economic impact, reflecting its economic multiplier effect. Despite facing challenges like increased food, labor, and occupancy costs due to supply chain disruptions and inflation, the industry continues to offer relative value to consumers, with menu price increases trailing grocery price hikes. Projected to add thousands of food service jobs by 2030, Georgia’s restaurant industry remains poised for sustained growth and resilience.
Georgia’s restaurant industry is diverse and rapidly growing. PEOs provide the essential HR and payroll solutions needed to navigate this expansion successfully. Whether you operate a fine dining restaurant in Atlanta or a family diner in Athens, partnering with a PEO enables you to focus on delivering exceptional culinary experiences and growing your business. Let PEOs handle the complexities of HR and payroll, so you can concentrate on what you do best—serving your customers and expanding your footprint in the thriving Georgia restaurant market. Get in touch to learn how a PEO can support your restaurant’s success.
Save time, reduce costs, and increase profitability with Fourth’s intelligent solutions.