Question 1

Is PEO licensing required in Nevada?

Accepted Answer

Yes, through a dual regime. Under NRS 611.400-611.490, a PEO must hold a license issued by the Labor Commissioner — NRS 611.410 states no person shall operate a PEO without that license. Employee leasing companies must also hold a certificate of registration from the Division of Industrial Relations under NRS 616B.

Question 2

What financial requirements do PEOs face in Nevada?

Accepted Answer

Under NRS 616B.679, an applicant files an audited GAAP financial statement dated within 13 months demonstrating positive working capital. An applicant that cannot show positive working capital must provide a bond, irrevocable letter of credit, or securities worth the maximum working-capital deficiency plus $100,000, held by a designated depository. The fee is $500 at issuance and renewal.

Question 3

What is the SUI taxable wage base in Nevada?

Accepted Answer

Nevada's 2026 taxable wage base is $43,700, up from $41,800, calculated at 66 2/3% of the state average annual wage. New employers pay 2.95% plus the 0.05% Career Enhancement Program tax for a 3.00% combined rate, while experience-rated employers range from 0.25% to 5.40%.

Question 4

What paid leave obligations apply in Nevada?

Accepted Answer

Nevada mandates paid leave under NRS 608.0197 — 0.01923 hours of paid leave per hour worked, roughly 40 hours a year, usable for any purpose after 90 days, with up to 40 hours carried over.

Question 5

What is the minimum wage in Nevada?

Accepted Answer

Under NRS 608.250, Nevada's minimum wage is $12.00 per hour without qualifying employer health benefits and $11.00 per hour with them, effective through December 31, 2027.

Question 6

How does workers' compensation work with a PEO in Nevada?

Accepted Answer

Workers' compensation is a private-carrier market — the state writes no comp policies. Under NRS 616B.692, a PEO may confirm the client's own policy covering leased employees, confirmed self-insurance, or obtain its own multiple coordinated or master policy covering both the PEO and the client. Nevada law bars a PEO from acting as a self-insured employer or offering self-funded benefit plans.

Nevada PEO FAQs: Licensing, Compliance, and Costs

Frequently Asked Questions