Owner's Oasis offers new and innovative ways for North Carolina companies to lower their employee costs.

1. New Brokerage Helps Businesses Slash Employee Costs
WINSTON-SALEM -- A new kind of brokerage has opened in Winston-Salem aimed at helping small and
medium-sized businesses reduce rising costs of health care and workers’ compensation and
unemployment insurance by pooling employee expenses.
“Many business owners think there are no alternatives to steadily rising employee expenses,” said
Wesley J. Snyder IV, founder of Owner’s Oasis. “There are, and a professional employer organization
(PEO) is a great place to start.”
Snyder helps businesses sort through the various options for pooling their employee expenses with
other companies, outsourcing their human resource functions including employee benefits, payroll and
workers compensation. By pooling, for instance, health insurance costs can be slashed by 10 to 30
percent, he said.
A small company with a single accident can face skyrocketing costs for workers compensation insurance
that can be mitigated through pooling.
“A Professional Employer Organization brings the power of pooling many companies together in order
to increase their purchasing power and significantly lower what a company will pay,” said Snyder. “A
PEO is the only type of company that can truly lower the costs of all employee-related expenses and
help protect a company from increased expenses by future claims and rising health care costs.”
PEOs are a relatively new concept, essentially co-employing the work force of a company with many
other companies and taking over responsibility for administration, payroll, taxes and benefits
administration. Because PEOs do this for many companies at once, they are able to reduce expenses by
spreading the liability over many companies. Meantime, the business owner can focus on the business.
Snyder’s role as a broker is to analyze a company’s related expenses and provide expert advice. His goal
is to find the PEO that will meet a particular client’s needs. “We find the PEO that is the right fit for the
client.” There are now 45 PEOs operating in North Carolina.
Owner’s Oasis is one of only two such brokerages in North Carolina and the only one in the Triad.
State and federal laws require employers to pay for worker’s compensation and unemployment
insurance. By pooling, these costs and risks can be reduced.
Snyder said that due to the current economic conditions, many companies have downsized their work
forces, putting heavier workloads on existing employees. The additional strain on the employees have
made it even harder to keep up with employee administrative duties like human resources, risk
management, and payroll and benefits administration. A PEO can cost-effectively manage all of these
required tasks.
The PEO industry has mushroomed. In 2010, the National Association of Professional Employer
Organizations estimated that the industry grew from about $10 billion to $81 billion in gross revenues.

2. “We are excited to help build and grow the PEO industry in the North Carolina market,” Snyder said.
Want to know more? See ownersoasis.com or contact
Wesley J. Snyder IV
Owner Broker
Office 336-422-1562
Cell:336-425-9391
wsnyder@ownersoasis.com