Nebraska Drastically Lowers Entry Barrier Cost for PEOs

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The decision to expand into a new state for a PEO can be a daunting decision with many elements to consider.  One item of consideration is the registration fees charged by the state in question.  These upfront fees impact your Risk Manager’s decision when contemplating profitability of a new client company with operations in a state new to your PEO.

Nebraska just make this decision a little easier.

Nebraska has lowered the barrier of entry for a PEO looking to do business in their state.  The new fee structure change is as follows:

  • For initial registration, the fee changed from $2,500 to $250
  • For annual renewal of registration, the fee changed from $1,500 to $150.
  • For initial limited registration, the fee changed from $1,000 to $100.

 

For the full regulation filing Click Here

-David Campbell

 

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The PEO Compass is a friendly convergence of professionals and friends in the PEO industry sharing insights, ideas and intelligence to make us all better.

All writers specialize in Professional Employer Organization (PEO) business services such as Workers Compensation, Mergers & Acquisitions, Data Management, Employment Practices Liability (EPLI), Cyber Liability Insurance, Health Insurance, Occupational Accident Insurance, Business Insurance, Client Company, Casualty Insurance, Disability Insurance and more.

To contact a PEO expert, please visit Libertate Insurance Services, LLC and RiskMD.

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