The San Antonio Express News recently published an article about a local PEO executive who agreed to plead guilty of collecting payroll taxes and workers’ compensation insurance fees from his PEO clients but never paying the taxes or providing the insurance coverage. It is unfortunate for the entire PEO industry when individuals commit illegal activities designed to take advantage of business owners.

SWBC PEO would like to take this opportunity to assure you it is a strong, stable company - dedicated to customer service. We take our reputation seriously. Not only are we a part of SWBC, a 35-year-old company with rigorous security and audit procedures to ensure financial and operational strength, but we are also proud to be ESAC accredited.

This accreditation means that we have proven we are financially stable and in compliance with important state and federal employment laws and PEO regulations. It also means we are owned and operated by individuals who are highly qualified and who have a personal and business track record of meeting their obligations in an appropriate manner. In fact, the assurances offered by the ESAC’s program for the PEO industry are similar to those offered by the FDIC for the banking industry, the Security Investor Protection Corporation (SIPC) for the securities industry, and the state insurance guaranty associations for the insurance industry. For more information about the importance of ESAC accreditation, please visit http://www.esacorp.org.

We thank you for trusting SWBC PEO. If you have any questions about our accreditations or the protections afforded to you through ESAC, please call us at (877) 704-0454.