The Changing Landscape of Employment

Size: px
Start display at page:

Download "The Changing Landscape of Employment"

Transcription

1 The Changing Landscape of Employment

2 The Employment Landscape Dynamic and ever changing Trends A retrospective look A glimpse at the future of employment What exactly is changing? Why is it changing? What is affecting the change?

3 Trends Affecting Employment Competition to attract and retain valuable employees Pressure to attract new customers and retain old ones Pressure to optimize employee performance Tighter cash flow and fewer financing options Uncertainty related to health care and workers comp Increased employee litigation Escalating governmental compliance burdens Increased employer taxes especially SUTA

4 A Retrospective Look Traditional arrangement Employer managed all aspects of the business including, but not limited to: HR and Personnel: Recruiting, hiring, training, handbooks, policies, managing, coaching, termination processes, etc. Benefits: health insurance, retirement plans, workers compensation, etc. Administration: Payroll, tax compliance, unemployment, deal with employment-related legal matters, etc. Managed all other aspects of the business

5 A Few Types of Outsourcing [relative to the employment model] Outsourcing: ASO Administrative Services Organization BPO Business Process Outsourcing HRO Human Resources Outsourcing RPO Recruitment Process Outsourcing TBO Total Benefits Outsourcing TPO Training Process Outsourcing BTO Business Training Outsourcing PEO Professional Employer Organizations

6 PEOs are among the fastest growing business services in the U.S. since the 50% of U.S. employees will be employed by PEOs by 2020.

7 PEOs in Businesses today are increasingly using the power of PEOs to improve productivity and profitability by assuming the administrative functions of an HR department. action Employee benefits Payroll Employment administration Risk management Workers compensation

8 THE PEO EVOLUTION

9

10 40% of small business employees with individual health plans pay $1,000+ in annual deductibles.

11 78% of employees consider health insurance the most important benefit! The cost of Social Security, Medicare & Unemployment insurance account for 35% of all wages/salaries in the US! % % % FACT: Without PEOs, many small businesses simply could not afford to offer a comprehensive and reasonably-priced benefits package. Average annual cost of regulation, paperwork, and tax compliance for companies: Less than 20 employees: $7,000 per employee Less than 50 employees: $5,000 per employee Less than 500 employees: $3,400 per employee

12 2014 Changes Individual and small group exchanges Individual mandate No highly comp d (i.e. management) carve-outs allowed Pay or play Max 90 day waiting period for eligible full time employees Small business tax credit increases (exchange plans only) No lifetime or annual $ limits on essential health benefits No pre-x exclusions The PEO Relationship For the most part, no effect Will not subject a small group to large group requirements Will not allow evasion of requirements Question re small business tax credit (low wage groups <25) Assist clients who are overwhelmed and need simple answers SOI benefits service allows flexibility Market for high-end individual plans

13

14 Business owners spend too much time on HR administration services. 67% From the number of labor laws/regulations grew by 25% nearly 67%. Owners of SBE/MBE spend up to 25% of their time on employment paperwork.

15 To reduce cost of healthcare & benefits To free up time to focus on core business competencies To improve recruitment & retention To reduce the cost of HR administration What PEOs Offer Healthcare Benefits Payroll and Tax Administration HR Technology 84% 97% 97% Employee Services 79% Termination Processing 70% Retirement Benefits Training 52% 59%

16 90% 80% Percentage of Companies 70% 60% 50% 40% 30% 20% 82% 69% 72% 71% 43% 55% 46% 37% 10% 0% Satisfaction with quality of hire Satisfaction with healthcare benefits Satisfaction with time to fill Satisfaction with employer brand PEO No PEO

17 10,837,269 Total number of small businesses in the U.S. 28,176,899,400 Estimated hours worked by U.S. small business owners each year 45% time spent on HR tasks 12,679,604,730 each year if all U.S. small businesses worked with PEOs When asked What would you do with time saved by outsourcing HR tasks? Small business owners responded: dedicate more time to dedicate more time to 42% growing their business 50% running their business 8% other

18 Your Unemployment & workers comp savings when working with a PEO Company Size 1-25 employees up to 100 employees Percent Saved 45% 25% - 35% Small business owners save approximately 100 HOURS A MONTH by outsourcing HR tasks to a PEO. What would YOU do with the extra 100 hours a month gained and money saved by using a PEO?

19 facebook.com/soipeo twitter.com/soi_peo linkedin.com/company/soi URL: Phone: Fax: SOI Corporate Headquarters

20 Thank You!

THE PEO ADVANTAGE. What is a Professional Employer Organization?

THE PEO ADVANTAGE. What is a Professional Employer Organization? What is a Professional Employer Organization? THE PEO ADVANTAGE A Professional Employer Organization (PEO) is a business also known as employee leasing or staff leasing. PEO s provide small and midsized

More information

Innovative Solutions for PaYrOll, HealtH and benefits, and Human resources administration.

Innovative Solutions for PaYrOll, HealtH and benefits, and Human resources administration. Innovative Solutions for Payroll, Health and Benefits, and Human Resources Administration. Payroll Paychex payroll services provide a comprehensive business solution that is accurate, confidential, and

More information

FACT 10 J Q K A. The good news is you can still beat the house with the cards you ve been dealt.

FACT 10 J Q K A. The good news is you can still beat the house with the cards you ve been dealt. Companies of all sizes struggle with growth. But if you feel like the deck is stacked against you as a small business owner, you may be right. Not only do small businesses have fewer resources to deal

More information

HR Outsourcing: A Step-by-Step Guide to

HR Outsourcing: A Step-by-Step Guide to HR Outsourcing: A Step-by-Step Guide to Overview Get the expertise and help you need to focus entirely on running and growing your business. This guide walks you through the process of hiring a PEO and

More information

HUMAN RESOURCES MATTER:

HUMAN RESOURCES MATTER: HUMAN RESOURCES MATTER: Improving Performance and Managing Costs through Human Resource Outsourcing Building Better Business HUMAN RESOURCES MATTER: Improving Performance and Managing Costs through Human

More information

PROFESSIONAL EMPLOYERS FOR SMALL COMPANIES December 1998

PROFESSIONAL EMPLOYERS FOR SMALL COMPANIES December 1998 1 PROFESSIONAL EMPLOYERS FOR SMALL COMPANIES December 1998 Small and mid-sized companies can rid themselves of time-consuming administrative functions and save costs on benefits packages by outsourcing

More information

PEO BUYERS GUIDE: DON T GO AT IT ALONE WHITE PAPER

PEO BUYERS GUIDE: DON T GO AT IT ALONE WHITE PAPER PEO BUYERS GUIDE: DON T GO AT IT ALONE WHITE PAPER What is a PEO and Employee Leasing? A PEO, Professional Employer Organization or an Employee Leasing company, enables clients to responsibly and cost-effectively

More information

Time & Attendance. White Papers. Topic Outsourcing HR: Can You Afford Not Too? Brought to you by: Visit us on the web: www.timemd.

Time & Attendance. White Papers. Topic Outsourcing HR: Can You Afford Not Too? Brought to you by: Visit us on the web: www.timemd. Time & Attendance White Papers Topic Outsourcing HR: Can You Afford Not Too? Brought to you by: Visit us on the web: www.timemd.com IMPORTANT NOTICE This publication is not a do-it-yourself guide to resolving

More information

Unlock Your Full Potential With The TLC Companies. Your Human Resources Key T H E T L C C O M P A N I E S

Unlock Your Full Potential With The TLC Companies. Your Human Resources Key T H E T L C C O M P A N I E S Unlock Your Full Potential With The TLC Companies Your Human Resources Key T H E T L C C O M P A N I E S Your Challenge As doing business grows evermore challenging, business owners, managers, and professionals

More information

CI encourages you to share this content, however, in doing so, you may not alter its contents.

CI encourages you to share this content, however, in doing so, you may not alter its contents. Copyright 2014 TriNet Group Inc. All Rights Reserved CI encourages you to share this content, however, in doing so, you may not alter its contents. ctinnovations.com 1 Why Outsourcing HR May Be the Smartest

More information

Your Business. Stronger.

Your Business. Stronger. ADP TOTALSOURCE Your Business. Stronger. HR. Payroll. Benefits. Maximizing Your Success Imagine being able to reduce the costs and complexities surrounding your employment management tasks. The administrative

More information

Innovative Solutions FOR PAYROLL, HEALTH AND BENEFITS, AND HUMAN RESOURCES ADMINISTRATION

Innovative Solutions FOR PAYROLL, HEALTH AND BENEFITS, AND HUMAN RESOURCES ADMINISTRATION Innovative Solutions FOR PAYROLL, HEALTH AND BENEFITS, AND HUMAN RESOURCES ADMINISTRATION Focus on Your Business While Paychex Focuses on the Paperwork TIME AND LABOR MANAGEMENT Time and Attendance Solutions

More information

What is Workforce Management and How Can it Benefit My Organization?

What is Workforce Management and How Can it Benefit My Organization? What is Workforce Management and How Can it Benefit My Organization? Presented by: David Rubin, Director of Sales - Paypro Corporation Business A business (also known as enterprise or firm) is an organization

More information

PEOs Behind the Fluff, Are They Viable Options in Today s Benefit World?

PEOs Behind the Fluff, Are They Viable Options in Today s Benefit World? PEOs Behind the Fluff, Are They Viable Options in Today s Benefit World? PEO an acronym that can strike fear and anxiety into an insurance broker s inner core may turn out to be one of history s more adaptable

More information

Outsourcing Your HR, Benefits & Payroll

Outsourcing Your HR, Benefits & Payroll Outsourcing Your HR, Benefits & Sarah Sommers PowerPoint Slides & Replay Video: goo.gl/9veuqg Doing what you do best your mission. Outsourcing your HR, Benefits &. April 23, 2014 Copyright 2014 Alliance

More information

Paychex HR Solutions. Your On-Site HR Partner

Paychex HR Solutions. Your On-Site HR Partner Paychex HR Solutions Your On-Site HR Partner The Paychex HR Solutions Advantage Your On-Site HR Partner Paychex HR Solutions helps you build a solid HR infrastructure by providing a comprehensive package

More information

HELPING YOU GET ON WITH BUSINESS

HELPING YOU GET ON WITH BUSINESS HELPING YOU GET ON WITH BUSINESS We feel like Flex HR is a division of our company. They free us up to do what we do best Wendy Heath, Owner, Heath Construction HELPING YOU GET ON WITH BUSINESS A message

More information

2014 Iowa Employment, Training, Benefits & Wellness Conference. HR Outsourcing Makes Employment Easy FOR YOU

2014 Iowa Employment, Training, Benefits & Wellness Conference. HR Outsourcing Makes Employment Easy FOR YOU HR Outsourcing Makes Employment Easy FOR YOU Christy Smith, SPHR VP HR Operations Merit Resources, Inc. www.meritresources.com HR Outsourcing Can Help You Before Outsourcing You... With the Support of

More information

HR Services. This Packet Includes: Services Overview Package Options & Pricing Frequently Asked Questions About Us

HR Services. This Packet Includes: Services Overview Package Options & Pricing Frequently Asked Questions About Us HR Services This Packet Includes: Services Overview Package Options & Pricing Frequently Asked Questions About Us Service Overview Thank you for contacting us about our Human Resources (HR) Services. Our

More information

The Benefits of PEO Payroll ADMINISTRATION

The Benefits of PEO Payroll ADMINISTRATION The Benefits of PEO Payroll ADMINISTRATION The Payroll Administration Blues When you have employees, payroll administration is a core function and one thing you must get right. Payroll and tax problems

More information

Oasis Outsourcing and CPG: streamline your health center s back end HR and save money on health insurance!

Oasis Outsourcing and CPG: streamline your health center s back end HR and save money on health insurance! Oasis Outsourcing and CPG: streamline your health center s back end HR and save money on health insurance! Background Oasis Outsourcing: Formed in 1996 Nationwide PEO and the largest privately held PEO

More information

White Paper PEO 101. Author: Mario Apruzzese - Employees Only. Your Human Resource Department 248.276.0950 www.employeesonly.net

White Paper PEO 101. Author: Mario Apruzzese - Employees Only. Your Human Resource Department 248.276.0950 www.employeesonly.net Author: Mario Apruzzese - Employees Only Your Human Resource Department 248.276.0950 www.employeesonly.net Table of Contents Who is Employees Only.3 Overview - Outsourcing Opportunity.4 What is Professional

More information

About Us. Services PAYROLL SOLUTIONS UNLIMITED, INC.

About Us. Services PAYROLL SOLUTIONS UNLIMITED, INC. About Us Payroll Solutions Unlimited, Inc. 5201 Blue Lagoon Drive, Suite 800 Miami, FL 33126 Tel: (305) 259 3175 Fax: (305) 233 3527 info@payrollsolutionsunlimited.com www.payrollsolutionsunlimited.com

More information

The Benefits of Outsourcing HR. John W. Allen, G&A Partners

The Benefits of Outsourcing HR. John W. Allen, G&A Partners The Benefits of Outsourcing HR John W. Allen, G&A Partners What do these companies all have in common? ABB Bank of America Best Buy BP Amoco British Telecomm Cap Gemini Credit Suisse General Motors Goodyear

More information

LAW COMPLIANCE BENEFITS SOLUTIONS PAYROLL P PAYROLL TAX ADMINISTRATION COACHING/TRAINING RISK MANAGEMENT EMPLOYEE HANDBOOKS HR AUDITS

LAW COMPLIANCE BENEFITS SOLUTIONS PAYROLL P PAYROLL TAX ADMINISTRATION COACHING/TRAINING RISK MANAGEMENT EMPLOYEE HANDBOOKS HR AUDITS LAW COMPLIANCE PAYROLL P PAYROLL TAX ADMINISTRATION COACHING/TRAINING EMPLOYEE HANDBOOKS HR AUDITS PERFORMANCE MANAGEMENT EMPLOYEE RELATIONS BENEFITS ADMINISTRATION EMPLOYEE RELATIONS PERFORMANCE MANAGEMENT

More information

Human Resource Management. 1 Human Resources Management

Human Resource Management. 1 Human Resources Management Human Resource Management 1 Human Resources Management 1.1 Concept of Human Resource Management We all have something to do with human resources. While topics will be addressed from the company or institution

More information

Outsourcing Human Resources:

Outsourcing Human Resources: Mercer Single Source 1 Outsourcing Human Resources: PEO vs. HRO December 16, 2008 2-3 pm Eastern Sponsored by Mercer Single Source 1 Presenters Michelle Lockhart, PHR, Vice President Michelle has worked

More information

7 QUESTIONS TO ASK WHILE EMPLOYERSRESOURCE.COM

7 QUESTIONS TO ASK WHILE EMPLOYERSRESOURCE.COM 7 QUESTIONS TO ASK WHILE SHOPPING PEOs EMPLOYERSRESOURCE.COM Why We Created this Guide We created this guide for those who have heard about PEO companies and the advantages they offer to businesses and

More information

The Pros & Cons of HR Outsourcing. Presented by John W. Allen, CPA, CMA

The Pros & Cons of HR Outsourcing. Presented by John W. Allen, CPA, CMA The Pros & Cons of HR Outsourcing Presented by John W. Allen, CPA, CMA What do these companies all have in common? ABB Bank of America Best Buy BP Amoco British Telecomm Cap Gemini Credit Suisse General

More information

This Packet Includes: Services Overview Package Options & Pricing Outsourcing Free Trial Steps About Us

This Packet Includes: Services Overview Package Options & Pricing Outsourcing Free Trial Steps About Us This Packet Includes: Services Overview Package Options & Pricing Outsourcing Free Trial Steps About Us Starting or managing a small business or nonprofit can be very rewarding but very complex as well.

More information

Share Your Liabilities With A PEO Unmasking the super power of co-employment Produced & Distributed by G&A Partners

Share Your Liabilities With A PEO Unmasking the super power of co-employment Produced & Distributed by G&A Partners 1 Share Your Liabilities With A PEO Unmasking the super power of co-employment Produced & Distributed by G&A Partners Share Your Liabilities With A PEO: Unmasking the super power of co-employment Have

More information

HRO - Early Findings and Best-in-Class Talent Management Metrics -

HRO - Early Findings and Best-in-Class Talent Management Metrics - HRO - Early Findings and Best-in-Class Talent Management Metrics - Kevin Martin Vice President and Principal Analyst, Human Capital Management Aberdeen Group October 23, 2008 AberdeenGroup 2007 Human Capital

More information

Do You Need to Reduce Your Human Resource or Employee Benefit Expenses?

Do You Need to Reduce Your Human Resource or Employee Benefit Expenses? Do You Need to Reduce Your Human Resource or Employee Benefit Expenses? Administrative Services & Human Resource Outsourcing (ASO / HRO) may be your solution Who is Precision HR+? Precision HR+ is an Administrative

More information

What Is A PEO, Definition Of A PEO and How Can A PEO Help My Company?

What Is A PEO, Definition Of A PEO and How Can A PEO Help My Company? Passionate Professionals Strategic Solutions Smart Growth What Is A PEO, Definition Of A PEO and How Can A PEO Help My Company? If you have ever asked What is a PEO? or What is a definition of a PEO? or

More information

Paychex PEO Your Professional Employer Organization

Paychex PEO Your Professional Employer Organization Paychex PEO Your Professional Employer Organization Human Resources for Today s Entrepreneur Comprehensive Human Resource, Payroll, and Benefits Administration Human Resources for Today s Entrepreneur

More information

Summary of Plans. Flex Choice PPO 2000 Cigna Network. 25th of month Prior to Effective date

Summary of Plans. Flex Choice PPO 2000 Cigna Network. 25th of month Prior to Effective date Summary of Plans 1 2 3 4 5 Benefits Flex Choice PPO 1000 Flex Choice PPO 2000 Flex Choice PPO 2500 Flex Choice PPO 3500 Flex Choice PPO 5000 $125 Processing Fee Referrals Req'd No No No No No Plan Anniversary

More information

Health Care Reform and Small Businesses:

Health Care Reform and Small Businesses: Health Care Reform and Small Businesses: The Heightened Role of PEOs The sweeping changes laid out in the Affordable Care Act (ACA), or health care reform, have left small business owners facing a number

More information

GOLD LEVEL. PROPOSED LIST OF SERVICES AND PRICING AZNHA Members and Associate Members SERVICES

GOLD LEVEL. PROPOSED LIST OF SERVICES AND PRICING AZNHA Members and Associate Members SERVICES GOLD LEVEL PROPOSED LIST OF SERVICES AND PRICING AZNHA Members and Associate Members SERVICES DHR is pleased to offer the following services to members and associate members of AZNHA Payroll Services,

More information

Top 3 Reasons Your PEO Might Not Be a Good Fit For You. Helping our clients lower their cost of labor.

Top 3 Reasons Your PEO Might Not Be a Good Fit For You. Helping our clients lower their cost of labor. Top 3 Reasons Your PEO Might Not Be a Good Fit For You Helping our clients lower their cost of labor. Table of Contents Introduction 3 You Don t Understand Who They Are 4 (What is a PEO s Real Role?) They

More information

Outsourcing HR: Advantages for Small Businesses

Outsourcing HR: Advantages for Small Businesses Outsourcing HR: Advantages for Small Businesses Are you thinking about how to increase operational efficiency of the business or the HR department? Then this e- book is for you! Learn more about outsourcing

More information

PEO Myths vs. Reality. By Clay Kelley

PEO Myths vs. Reality. By Clay Kelley PEO Myths vs. Reality By Clay Kelley 1 Clay Kelley Background Clay Kelley has been in the HR Outsourcing and PEO business since 1985. He has participated in seven mergers and acquisitions and assisted

More information

Get the Care Your Franchise

Get the Care Your Franchise Get the Care Your Franchise Deserves with HR Services Savvy franchisees and franchisors alike are leveraging partnerships with professional employer organizations in an effort to manage their compliance.

More information

An unconventional solution that makes solid business sense

An unconventional solution that makes solid business sense Business owners across the globe face a similar challenge: how to sell more, spend less and attract and retain highly-skilled, productive employees. And for the average small or mediumsized business owner,

More information

THE IMPACT OF HEALTH CARE REFORM ON NONPROFIT ORGANIZATIONS. By Tom Webber

THE IMPACT OF HEALTH CARE REFORM ON NONPROFIT ORGANIZATIONS. By Tom Webber THE IMPACT OF HEALTH CARE REFORM ON NONPROFIT ORGANIZATIONS By Tom Webber Agenda Why Reform? Tax Subsidies for Nonprofit Organizations Timeline of Changes MNA Resources Why Reform? The Uninsured More than

More information

TARGETING RECRUITMENT PROCESS OUTSOURCING

TARGETING RECRUITMENT PROCESS OUTSOURCING TARGETING RECRUITMENT PROCESS OUTSOURCING NelsonHall HR Outsourcing Subscription Service 1 Definition of Recruitment Process Outsourcing (RPO) Recruitment Process Outsourcing is the transfer of operational

More information

HR Outsourcing. Types of HR Services. An Overview of Positives and Risks

HR Outsourcing. Types of HR Services. An Overview of Positives and Risks Outsourcing can be a viable management strategy for many companies. Increasingly, both small and large businesses are choosing to outsource some or all of their human resources (HR) functions to payroll

More information

PEO s: Friend or Foe to HR Professionals? What is a Professional Employer Organization (PEO)? The Co-employment Model

PEO s: Friend or Foe to HR Professionals? What is a Professional Employer Organization (PEO)? The Co-employment Model PEO s: Friend or Foe to HR Professionals? Presented by Lisa Welshhons, SPHR Division President Merit Resources, Inc. www.meritresources.com What is a Professional Employer Organization (PEO)? Business

More information

Not Knowing How To Manage the Pieces will Cost You Money

Not Knowing How To Manage the Pieces will Cost You Money Not Knowing How To Manage the Pieces will Cost You Money 1 Table of Content Section Page Executive Summary 3 Your Responsibilities 4 Employee Taxes 5 Employer Taxes 6 Social Security Tax 7 Medicare Tax

More information

Resource Management Inc. Is Outsourcing Human Resources Right for My Business?

Resource Management Inc. Is Outsourcing Human Resources Right for My Business? Is Outsourcing Human Resources Table of Contents Is Outsourcing Human Resources 3 Drawbacks of Traditional HR 4 Benefits of HRO 5 Is HRO 6 How RMI Can Help 7 Checklist for Getting Set Up 8 2014 All rights

More information

White Paper. Human Resources & Professional Employer Outsourcing: A Boon For Overwhelmed California Businesses. April, 2007 CPE HR, Inc.

White Paper. Human Resources & Professional Employer Outsourcing: A Boon For Overwhelmed California Businesses. April, 2007 CPE HR, Inc. White Paper Human Resources & Professional Employer Outsourcing: A Boon For Overwhelmed California Businesses April, 2007 CPE HR, Inc. The California Climate The image of California as The Golden State

More information

Small Business Options Post-PPACA Reform (How PPACA is affecting businesses and changing our options) Kevin Conley Partner, Bremer Conley

Small Business Options Post-PPACA Reform (How PPACA is affecting businesses and changing our options) Kevin Conley Partner, Bremer Conley Small Business Options Post-PPACA Reform (How PPACA is affecting businesses and changing our options) Kevin Conley Partner, Bremer Conley 1 PPACA - ACA - Healthcare Reform - Obamacare President Obama signed

More information

F. Edward Nicolas, Jr., CPA Visiting Nurse Services of Connecticut

F. Edward Nicolas, Jr., CPA Visiting Nurse Services of Connecticut 2012 NAHC Annual Meeting & Exposition F. Edward Nicolas, Jr., CPA, VP/CFO, VNS of Connecticut Barry Gold, CPA, FHFMA, CFO, Mays Homecare Thomas E. Boyd, MBA, Principal, Boyd & Nicholas, Inc. F. Edward

More information

What We Do. What can ASHR do for you?

What We Do. What can ASHR do for you? What We Do We are your strategic human resources partner, providing customized solutions where you need them most while giving you a leading edge HR Department for a fraction of the cost for a full-time

More information

Texas HR Outsourcing Report

Texas HR Outsourcing Report Texas HR Outsourcing Report G&A Partners: Texas HR Outsourcing Report Executive Summary This report will inform business owners and professionals about the benefits associated with HR outsourcing. It will

More information

HR Outsourcing. A buyer's guide for business owners and CEOs. in Hawaii

HR Outsourcing. A buyer's guide for business owners and CEOs. in Hawaii HR Outsourcing A buyer's guide for business owners and CEOs in Hawaii 2 HR Outsourcing in Hawaii: A buyer s guide for business owners and CEOs HR Outsourcing in Hawaii A buyer s guide for business owners

More information

Prospective Client Information (Request for a Proposal) (If more than one entity, complete a separate application for each). 1. General Information

Prospective Client Information (Request for a Proposal) (If more than one entity, complete a separate application for each). 1. General Information Prospective Client Information (Request for a Proposal) (If more than one entity, complete a separate application for each). 1. General Information Date information submitted to PEO: Business Developer:

More information

Options for Handling Your HR Function A comparison between in-house HR, multi-vendor, and single vendor HR outsourcing

Options for Handling Your HR Function A comparison between in-house HR, multi-vendor, and single vendor HR outsourcing WHITE PAPER: OPTIONS FOR HANDLING YOUR HR FUNCTION Options for Handling Your HR Function A comparison between in-house HR, multi-vendor, and single vendor HR outsourcing The decision to outsource our HR

More information

The ACA and YOUR School. April 30, 2014. Presented by Borislow Insurance

The ACA and YOUR School. April 30, 2014. Presented by Borislow Insurance The ACA and YOUR School April 30, 2014 Presented by Borislow Insurance 2014 Individual coverage mandate or penalty Subsidies for those that qualify State exchanges operational Rating rule changes for small

More information

25% Amount of time small to medium-sized businesses spend on employmentrelated

25% Amount of time small to medium-sized businesses spend on employmentrelated Why Outsource Your HR? While no entity can cure all employee-related headaches, human resources (HR) outsourcing companies can remove the administrative responsibilities that come with managing your employees.

More information

Financial Ratio Operating Statistics SURVEY

Financial Ratio Operating Statistics SURVEY 2013 Financial Ratio Operating Statistics SURVEY Compare your own numbers to the national norms, and find out where you need to focus to increase your profits. Balance Sheet Prior Year Assets Current Assets

More information

Outsourcing Employee Benefit Plan Services

Outsourcing Employee Benefit Plan Services U.S. Department of Labor ERISA Advisory Council Testimony On Outsourcing Employee Benefit Plan Services Testimony presented by Terrance P. Power, ERPA, QPA, AIFA, CRPS President, The Platinum 401k, Inc.

More information

WILL END UP. How much. considerations for the S ALE OF YOUR A GENCY. Inside: A BI-MONTHLY PUBLICATION OF THE PIA OF GEORGIA

WILL END UP. How much. considerations for the S ALE OF YOUR A GENCY. Inside: A BI-MONTHLY PUBLICATION OF THE PIA OF GEORGIA NOVEMBER/DECEMBER 2011 A BI-MONTHLY PUBLICATION OF THE PIA OF GEORGIA Inside: THE PRESENCE OF HR OUTSOURCING AND THE IMPACT ON THE PROFESSIONAL INSURANCE AGENT pg 8 A MATTER OF AGE: WHY YOU SHOULD MANAGE

More information

Employee Benefits for Prevailing Wage Contractors

Employee Benefits for Prevailing Wage Contractors Employee Benefits for Prevailing Wage Contractors Companies bidding on prevailing wage government contracts could benefit from creating an employee benefits program funded with fringe benefit contributions.

More information

Cost Savings in Automating HR & Benefits. January 2004 Ascentis Software

Cost Savings in Automating HR & Benefits. January 2004 Ascentis Software Cost Savings in Automating HR & Benefits January 2004 Ascentis Software The Wall Street Journal recently reported that benefits have become the second largest expense after payroll for most organizations,

More information

The Secret To Shedding Your HR Administrative Burdens

The Secret To Shedding Your HR Administrative Burdens The Secret To Shedding Your HR Administrative Burdens Produced & Distributed by G&A Partners 1 (888) 909-7920 www.gnapartners.com/get-started The Secret To Shedding Your HR Administrative Burdens: Outsourcing

More information

Put us on your payroll and earn more benefits for your business.

Put us on your payroll and earn more benefits for your business. Webster s Payroll Services Put us on your payroll and earn more benefits for your business. We make payroll easy, accurate, affordable and dependable. o Save money by lowering your bookkeeping expenses

More information

The Bottom Line on HR Technology: Improving Results and Lowering Costs with a Human Resource Management System

The Bottom Line on HR Technology: Improving Results and Lowering Costs with a Human Resource Management System The Bottom Line on HR Technology: Improving Results and Lowering Costs with a Human Resource Management System The Bottom Line on HR Technology Improving results and lowering costs with a Human Resource

More information

IS IT TIME TO OUTSOURCE YOUR HUMAN RESOURCES?

IS IT TIME TO OUTSOURCE YOUR HUMAN RESOURCES? IS IT TIME TO OUTSOURCE YOUR HUMAN RESOURCES? THE STATE OF THE US ECONOMY, THE CHALLENGES FACING EMPLOYERS TODAY, AND THE HUMAN RESOURCES OUTSOURCING SOLUTION A WHITEPAPER BROUGHT TO YOU COURTESY OF CPEHR.

More information

Global Employment Outsourcing (GEO TM ) 25 Most Frequently Asked Questions

Global Employment Outsourcing (GEO TM ) 25 Most Frequently Asked Questions SafeGuard World International 8020 Arco Corporate Drive Raleigh, NC 27617 USA Tel: 1 (919) 300-5136 Fax: 1 (919) 294 6504 www.safeguardworld.com Global Employment Outsourcing (GEO TM ) 25 Most Frequently

More information

ADP TotalSource A Trusted HR Advisor for You and Your Business Clients

ADP TotalSource A Trusted HR Advisor for You and Your Business Clients ADP TotalSource A Trusted HR Advisor for You and Your Business Clients HR. Payroll. Benefits. Add Value and Strengthen Client Relationships Your CPA firm continuously adds value to your business clients

More information

THE IMPACT AND PROSPECTS OF HUMAN RESOURCE OUTSOURCING ( HRO) IN INDIA

THE IMPACT AND PROSPECTS OF HUMAN RESOURCE OUTSOURCING ( HRO) IN INDIA THE IMPACT AND PROSPECTS OF HUMAN RESOURCE OUTSOURCING ( HRO) IN INDIA * Mr. Syed Abeduddin, Assistant Professor, Millennium Institute of Management, Aurangabad. INTRODUCTION A contractual agreement between

More information

Managing a Compliance Audit: Best Practices

Managing a Compliance Audit: Best Practices Managing a Compliance Audit: Best Practices Executive Summary As the Department of Labor s Wage and Hour Division steps up its compliance investigations, many organizations face increased risk of scrutiny

More information

EMPLOYMENT RECORD RETENTION REQUIREMENTS

EMPLOYMENT RECORD RETENTION REQUIREMENTS EMPLOYMENT RECORD RETENTION REQUIREMENTS Colorado does not have any laws requiring the preservation of employee personnel files. However, there are several federal laws that apply to the retention of records.

More information

Department of Human Resources

Department of Human Resources Workforce Services Workforce Policy and Planning Department Management/ Human Resource Information Systems Employee Relations Employment Compensation and Workforce Analysis Employee Benefits Organizational

More information

WORKFORCE MANAGEMENT SUITE

WORKFORCE MANAGEMENT SUITE solutions WORKFORCE MANAGEMENT SUITE For Small and Midsize Businesses Enterprise-Class Workforce Management. Simplified. UNIFIED WORKFORCE MANAGEMENT: One database. One user experience. One employee record.

More information

Options for Handling Your HR Function A comparison between in-house HR, multi-vendor, and single vendor HR outsourcing

Options for Handling Your HR Function A comparison between in-house HR, multi-vendor, and single vendor HR outsourcing WHITE PAPER: OPTIONS FOR HANDLING YOUR HR FUNCTION Options for Handling Your HR Function A comparison between in-house HR, multi-vendor, and single vendor HR outsourcing The decision to outsource our HR

More information

Employee Record Retention. Jeff Baldwin Department of History, Arts & Libraries Records Management Services

Employee Record Retention. Jeff Baldwin Department of History, Arts & Libraries Records Management Services Employee Record Retention Jeff Baldwin Department of History, Arts & Libraries Records Management Services Introduction This is only going to be a general overview of some of the laws in place. The administrative

More information

We make payroll so you can make money. ACTION PAYROLL TM

We make payroll so you can make money. ACTION PAYROLL TM We make payroll so you can make money. So you can make money! Action Payroll is in business to help your business operate efficiently and profitably. As an employer, your people depend on you to pay them

More information

Welcome to PEO 101. Professional Employer Organization Guidebook ADP SMALL BUSINESS GUIDEBOOK

Welcome to PEO 101. Professional Employer Organization Guidebook ADP SMALL BUSINESS GUIDEBOOK Welcome to PEO 101 Professional Employer Organization Guidebook ADP SMALL BUSINESS GUIDEBOOK PEO Basics & Key Things You Need to Know Question 1 What is a Professional Employer Organization or PEO? Question

More information

The Secret To Shedding Your HR Administrative Burdens. Produced & Distributed by G&A Partners

The Secret To Shedding Your HR Administrative Burdens. Produced & Distributed by G&A Partners The Secret To Shedding Your HR Administrative Burdens Produced & Distributed by G&A Partners 1 The Secret To Shedding Your HR Administrative Burdens: Outsourcing Provides You the Time You Need to Tend

More information

Strategic HR Alignment

Strategic HR Alignment Strategic HR Alignment Company Overview The Phillips Group (TPG) provides a full range of human resources services to help our clients to grow, manage and maintain their businesses. Our certified HR consultants

More information

Build a World-Class Human Resources Department with Document Management Software

Build a World-Class Human Resources Department with Document Management Software Build a World-Class Human Resources Department with Document Management Software Are your HR professionals doing the job they were hired to do? The fundamental mission of any human resources department

More information

10 WAYS TO SAVE $10,000 IN HUMAN RESOURCES

10 WAYS TO SAVE $10,000 IN HUMAN RESOURCES 10 WAYS TO SAVE $10,000 IN HUMAN RESOURCES 1 The Largest Line Item in any Surgery Center s Budget is Hiding the Most Savings Operating efficiently has become increasingly important as the ambulatory surgery

More information

HR Challenges Facing Small Business Owners

HR Challenges Facing Small Business Owners HR Challenges Facing Small Business Owners In my experience working with small businesses, I find that they usually spend countless hours searching the internet for answers to their HR problems. This is

More information

We work for your future

We work for your future We work for your future Atlas Consulting s vision is to be the leading provider of consulting expertise in the Accounting, Taxation,Administration and Financial marketplace, delivering premium value to

More information

Doing more for less with HR technology tools. Improving results and lowering costs with a Human Resource Management System

Doing more for less with HR technology tools. Improving results and lowering costs with a Human Resource Management System Doing more for less with HR technology tools Improving results and lowering costs with a Human Resource Management System 1 Table of contents Introduction 3 The role of HRMS technology 4 Core HR administration

More information

Health Care Implementation Timeline

Health Care Implementation Timeline Health Care Implementation Timeline The massive healthcare (H.R. 3590) and its companion reconciliation bill (H.R. 4872) passed by the Senate and House in early 2010 will go into effect over several years.

More information

Seattle City Employees Retirement System Buy Backs

Seattle City Employees Retirement System Buy Backs Seattle City Employees Retirement System Buy Backs Several new opportunities to purchase or buy back service credit towards retirement have recently been approved. One or more of these opportunities may

More information

Sample Quote Transcript

Sample Quote Transcript Page 1 Sample Quote Transcript Hello this is Ronnie O'Dell with Alternative Risk Marketing. In this training segment we are going to review a sample quotation from Southeast personnel leasing. Perhaps

More information

Total HR Management. PEO (Professional Employer Organization) Shared Employment Arrangement

Total HR Management. PEO (Professional Employer Organization) Shared Employment Arrangement Total HR Management PEO (Professional Employer Organization) Shared Employment Arrangement Co/Shared Employment The PEO Foundation Co-Employment, or Shared Employment, is THE defining characteristic of

More information

Investor Presentation. Fiscal 2011

Investor Presentation. Fiscal 2011 Investor Presentation Fiscal 2011 Forward-Looking Statements Certain written and oral statements made by management of Paychex, Inc. and its wholly owned subsidiaries ( we, our, us ) may constitute forward

More information

Employment Practices Liability Insurance And Your Company: What You Need To Know About EPLI

Employment Practices Liability Insurance And Your Company: What You Need To Know About EPLI Passionate Professionals Strategic Solutions Smart Growth Employment Practices Liability Insurance And Your Company: What You Need To Know About EPLI In Total HR Questions & Answers, the PEO (professional

More information

Overall global demand for HR Outsourcing services is strong and growing. From a

Overall global demand for HR Outsourcing services is strong and growing. From a New Research from Part of the Consulting Service Line Research Series Overall global demand for HR Outsourcing services is strong and growing. From a 2006 base of $27 billion, the global market is forecasted

More information

How Small Businesses Benefit from PEOs

How Small Businesses Benefit from PEOs How Small Businesses Benefit from PEOs TriNet Webinar 2014 TriNet Group, Inc. All rights reserved. Reproduction or distribution in whole or part without express written permission is prohibited. Meet Our

More information

John Keel, CPA State Auditor. A Report on State Employee Benefits as a Percentage of Total Compensation. April 2014 Report No.

John Keel, CPA State Auditor. A Report on State Employee Benefits as a Percentage of Total Compensation. April 2014 Report No. John Keel, CPA State Auditor A Report on State Employee Benefits as a Percentage of Total Compensation Report No. 14-704 A Report on State Employee Benefits as a Percentage of Total Compensation Overall

More information

ima The Impact of the Affordable Care Act: An IMA Survey IRF: C-Suite Report The Association of Accountants and Financial Professionals in Business

ima The Impact of the Affordable Care Act: An IMA Survey IRF: C-Suite Report The Association of Accountants and Financial Professionals in Business ima The Association of Accountants and Financial Professionals in Business IRF: C-Suite Report About IMA IMA, the association of accountants and financial professionals in business, is one of the largest

More information

The Professional Employer Organization (PEO) Solution

The Professional Employer Organization (PEO) Solution The Professional Employer Organization (PEO) Solution Presented by: Doug Weinbach Area Sales Executive, ADP TotalSource Constantin Ritzmann Senior District Manager, ADP TotalSource Kathleen Sullivan District

More information

HUMAN RESOURCES OUTSOURCING FOR FINANCIAL INSTITUTIONS: IS A PEO THE RIGHT CHOICE FOR YOU?

HUMAN RESOURCES OUTSOURCING FOR FINANCIAL INSTITUTIONS: IS A PEO THE RIGHT CHOICE FOR YOU? HUMAN RESOURCES OUTSOURCING FOR FINANCIAL INSTITUTIONS: IS A PEO THE RIGHT CHOICE FOR YOU? September 15, 2008 David W. Harrop Director, Financial Services RSM McGladrey, Inc. RSM McGladrey, Inc. is a member

More information

U.S. HEALTHCARE REFORM

U.S. HEALTHCARE REFORM U.S. HEALTHCARE REFORM It s Impact on the Future Talent & Recruiting Needs of Healthcare Providers September 18, 2012 1 PANEL DISCUSSION FACILITATOR Carl Kutsmode Partner at talentrise Talent Acquisition

More information