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

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

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

Transcription

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

2 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 International Paper Levi Strauss Motorola Proctor & Gamble Prudential Financial Sony Sun Microsystems TXU

3 And what about these governmental entities? U.S. Defense Finance & Accounting Service (DRAS) U.S. Office of Personnel Management United States Postal Services Transportation Security Administration State of Florida State of Texas HHSC

4 They all outsource HR

5 Agenda Who s outsourcing? Why are they outsourcing? What are they outsourcing? How & when are they outsourcing? To whom are they outsourcing? Q&A

6 John W. Allen President and COO of G&A Partners 25 years of management consulting experience Has been responsible for providing support services to organizations valued up to $5 billion and with as many as 46,000 employees. Specializes in providing administrative services to emerging growth companies.

7 Amazing Facts In 2003 HRO transactions impacted an estimated 2.8 million employees, or 4% of the U.S. workforce In 2004, the Top 22 HRO deals covered over 700,000 employees HRO revenues grew to $61 billion in 2005 HRO Today reports continued growth in 2006 and 2007

8 Why are they outsourcing? Reduce costs/increase EBITDA Gain access to cutting edge technology Avoid additional investments Provide more self service tools to employees Focus HR on strategic vs. tactical

9 What are they outsourcing? Payroll Health and welfare administration Recruitment Compensation planning Performance planning Learning management Relocation Records management

10 To whom are they outsourcing? Accenture HR Services ACS ADP Aon Consulting ARINSO International Ceridian Convergys Employee Care ExcellerateHRO Fidelity Employer Services Hewitt Associates IBM Global Business Services

11 The trend is clear the big boys are outsourcing HR, but what about the rest of us?

12 The Million Dollar Employee

13 If growth in the PEO industry is any indication, small businesses are outsourcing more and more of their HR functions too.

14 Number of PEOs has grown from a handful in mid 1980s to more than 800 today. Number of co-employees has grown from 10,000 in 1984 to over 3,600,000. Gross revenues billed by PEO Industry grew from $5 billion in 1991 to over $51 billion today. Wall Street estimates annual growth rate of 20%

15 Why the Growth? What s driving businesses, large & small, to outsource HR?

16

17 Using a PEO helps you focus on what you do best!

18 Growing Burden of Regulation

19 Average administrative cost per employee $1,152 per year ($414 - $6,274 per year) Bureau of National Affairs

20 Average administrative cost per employee 6% - 12% of payroll (SBA & US Chamber of Commerce) 8.45% of payroll (UT-Austin) $600 to $750 per annum per employee (major insurance company estimate)

21 So what is a PEO?

22 How does a PEO work? 1. Service Contract 2. Employment relationship with/and responsibilities of the PEO 3. Shared relationship and employer responsibilities 4. Employment relationship with/and responsibilities of the client

23 What services does the PEO provide? Payroll Administration Provides time & attendance solutions Issues paychecks and W-2s Accrues vacation, sick and other leave Withholds and deposits taxes Withholds and remits garnishments & premiums for employee benefits Files all payroll tax returns

24 What services does the PEO provide? Employee Benefits Administration Group Health Plans Group or Voluntary Dental, Vision, Life, AD&D, STD, LTD & LTC Section 125 Cafeteria Plans 401(k) Retirement Plans HRAs, HSAs, FSAs, & Gap Plans Prepaid Legal, Purchase discounts, Wellness, EAP

25 What services does the PEO provide? Human Resource Management Compiles job descriptions & employee handbooks Provides recruitment assistance Conducts pre-hire background checks Advises clients on employee discipline or performance problems Educates clients on regulatory compliance issues Handles unemployment claims & COBRA and HIPAA administration Conducts exit interviews

26 What services does the PEO provide? Risk Management Workers Compensation Coverage Master Safety Plans Site Inspections Safety Training Accident Investigation Workers Comp Claims Administration Drug Testing & Modified Work

27 What responsibilities do you retain? Management of business operations Use of facilities and equipment Safeguarding assets & people Employee compensation On-the-job supervision Quality control

28 How would your company benefit? Greater focus on your core business Broader range of affordable employee benefits Workers compensation insurance at competitive rates, with no deposit or annual audit Fewer compliance issues & employee lawsuits More time and money

29 How would your employees benefit? Better, more affordable benefits Higher take home pay Greater understanding of company policies and procedures Improved safety awareness and fewer on-thejob injuries Happier, more productive employees

30 So how much does it cost? The cost of PEO services is generally less than or equal to the cost to do everything in-house. Additional savings come by redeploying talent, reducing turnover, reducing workplace injuries and avoiding employee lawsuits.

31 Service fee is a percentage of payroll & includes: FICA/Medicare SUTA FUTA Workers compensation insurance Employee benefits costs Miscellaneous charges PEO s fee

32 PEO in Action Aluminum Frame Manufacturer

33 PEO in Action Freight Forwarder

34 For more information, visit PEOs take load off companies by filling human resource function Human resource outsourcing can boost bottom line PEOs can help small business grow PEO s: help for small companies in good times and bad PEOs: the wave of the future Source: NAPEO website

35 Guidelines for Selecting a PEO Lists available thru NAPEO or TDL Verify that PEO is licensed & in good standing Ask for banking & credit references Ask for client & professional references Visit their offices Review customer service agreement

36 Licensing Requirements Controlling person must be 18 years of age and of good moral character Controlling person must have educational, managerial, or business experience relevant to the operation of a business entity offering staff leasing services Must demonstrate net worth of $100,000

37 Q&A Who controls the workplace? Will the PEO be telling me how to run my business? What if the PEO fails to remit payroll taxes? What recourse does the IRS have? Does the PEO s workers comp policy protect my company against third party liability?

38 Who controls the workplace? The client controls who performs the work and how and when they do it. The client recruits and sets the compensation for all employees. The PEO screens new hires and has right to reject. The client disciplines & terminates employees subject to PEO s review to ensure compliance with appropriate statutes and regulations. The client implements safety programs. The PEO helps them design, implement and train.

39 What if the PEO fails to remit payroll taxes?

40 Any protection against third party liability on WC claims? Texas labor code section (c) states that for workers compensation insurance purposes, a PEO and its client are co-employers. As such, both entities are covered by the PEO s policy. Alternate employer endorsement required. Law Again Supports This Position: Regalado v. H.E. Butt Grocery Co. Esquivel v. Mapelli Meat Packing Co. Aquilar v. Wenglar Construction Co., Inc Gibson v. Grocery Supply Co., Inc. Marshall v. Toys-R-Us Nytex, Inc.

41 For More Information: John W. Allen G&A Partners 4801 Woodway, Suite 210 Houston, Texas (800)

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

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

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

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

Phil Herron, President PHerron@FourPointHR.com

Phil Herron, President PHerron@FourPointHR.com Phil Herron, President PHerron@FourPointHR.com 620 Peachtree Street NE, Suite 311, Atlanta, GA 30308 P: 866.764.4042 P: 404.898.0788 F: 404.898.0388 FourPointHr.com Positioning of the PEO Role with Four

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

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

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

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

What is a PEO? Competitive solutions for compliance, online technology and administration

What is a PEO? Competitive solutions for compliance, online technology and administration What is a PEO? Competitive solutions for compliance, online technology and administration Presented by: Donna Meek, Staff One Vice President of Business Development PPACA Certified Professional 1 Agenda

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

Solution. Introduction to the. Professional Employer Organization Solution. Agenda

Solution. Introduction to the. Professional Employer Organization Solution. Agenda Solution Introduction to the Professional Employer Organization Solution Presented by: Michael Marino, Sales Executive, ADP TotalSource PEO Nancy Woodis, Senior District Manager, ADP Small Business Services

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

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

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

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

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

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 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

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

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

Strategic HR Value Proposition

Strategic HR Value Proposition Strategic HR Value Proposition Lise Ann Ebert, MSL, PHR, SHRM-CP Director of Human Resources The Indiana Rail Road Company Building a Road Map for Doing More with Less as a Strategic Business Partner Purpose

More information

Better Employee Management

Better Employee Management Better Employee Management Eight Critical Areas for Small-Business Success This white paper is an overview of eight building blocks of an effective small-business HR program: payroll, employee communications,

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

The Changing Landscape of Employment

The Changing Landscape of Employment The Changing Landscape of Employment 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

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

focus How PEOs can help you handle employeerelated Family business owners: Did you pick the right successor? Start organizing your tax records now!

focus How PEOs can help you handle employeerelated Family business owners: Did you pick the right successor? Start organizing your tax records now! focus august/september 2012 How PEOs can help you handle employeerelated tasks Family business owners: Did you pick the right successor? LTC insurance Taking a close look before buying is essential Start

More information

WHITE PAPER. Key Strategic Differences in PEOs

WHITE PAPER. Key Strategic Differences in PEOs WHITE PAPER Key Strategic Differences in PEOs TABLE OF CONTENTS Introduction 3 SECTION 1: Employee Benefits 4 PEO checklist - benefits 8 SECTION 2: PEO Billing Methods 9 PEO checklist - billing methods

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

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

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

FICA WITHHOLDING & TAXATION OF DISABILITY BENEFITS. Information for Policyholders

FICA WITHHOLDING & TAXATION OF DISABILITY BENEFITS. Information for Policyholders FICA WITHHOLDING & TAXATION OF DISABILITY BENEFITS Information for Policyholders Step One As claim payments are made: Calculates and withholds the EMPLOYEE S portion of FICA liability based on information

More information

(ALMOST) EVERYTHING YOU WANT TO KNOW ABOUT PEOS

(ALMOST) EVERYTHING YOU WANT TO KNOW ABOUT PEOS (ALMOST) EVERYTHING YOU WANT TO KNOW ABOUT PEOS Marcia S. Wagner, Esq. President & Founder 1 Introduction PEO Landscape 2-3 million workers co-employed Approximately 700 PEOs Retirement Plans PEO Sponsored

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

Managing Co-Employment Risks

Managing Co-Employment Risks Managing Co-Employment Risks A White Paper for Buyers of Consulting & Contract Services Written by: Don Hanson, President Yoh Talent Solutions Today s companies are utilizing temporary employees more than

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

The General Assembly of the Commonwealth of Pennsylvania hereby enacts as follows: CHAPTER 1 PRELIMINARY PROVISIONS

The General Assembly of the Commonwealth of Pennsylvania hereby enacts as follows: CHAPTER 1 PRELIMINARY PROVISIONS PROFESSIONAL EMPLOYER ORGANIZATION ACT Act of Jul. 5, 2012, P.L. 946, No. 102 An Act Cl. 77 Providing for professional employer organizations. TABLE OF CONTENTS Chapter 1. Section 101. Section 102. Section

More information

HOUSE BILL No. 2087. By Committee on Insurance 1-26. AN ACT enacting the Kansas professional employer organization licensing

HOUSE BILL No. 2087. By Committee on Insurance 1-26. AN ACT enacting the Kansas professional employer organization licensing Session of 00 HOUSE BILL No. 0 By Committee on Insurance - 0 0 AN ACT enacting the Kansas professional employer organization licensing act. Be it enacted by the Legislature of the State of Kansas: Section.

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

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

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

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

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

Solution. Number One. Odyssey One Source is part of a young and growing. Odyssey One Source

Solution. Number One. Odyssey One Source is part of a young and growing. Odyssey One Source This unique organization provides HR outsourcing solutions for small businesses, which Carl Kleimann said is an increasingly vital service. Number One Solution Odyssey One Source is part of a young and

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

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

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

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

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

Presented by Albert D. Goldwasser, CPA Government Contractor Consultant

Presented by Albert D. Goldwasser, CPA Government Contractor Consultant Presented by Albert D. Goldwasser, CPA Government Contractor Consultant Agenda DCAA s Objectives Accounting 101 Indirect Cost Allocations SF 1408 Passing the DCAA Audit References What does the DCAA want?

More information

The Hidden Costs of PEOs Before you sign, know what you re getting and what it will cost you

The Hidden Costs of PEOs Before you sign, know what you re getting and what it will cost you The Hidden Costs of PEOs Before you sign, know what you re getting and what it will cost you By Deisy Bach, HRI, LLC So, you re considering outsourcing your payroll and benefits to a PEO and you want to

More information

Choosing A Qualified PEO A Background on the PEO Industry and Tips for Distinguishing PEOs by their Service Offering

Choosing A Qualified PEO A Background on the PEO Industry and Tips for Distinguishing PEOs by their Service Offering Choosing A Qualified PEO A Background on the PEO Industry and Tips for Distinguishing PEOs by their Service Offering Produced & Distributed by G&A Partners 1 (888) 909-7920 www.gnapartners.com/get-started

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

Strategic Marketing Agreement

Strategic Marketing Agreement Strategic Marketing Agreement This Agreement is made this day of, 2007, by and between ALTRES, Inc. ("ALTRES" or Company ), its direct or indirect parent organizations, subsidiaries, divisions and associated

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

GovCon Solutions Your Business Our Solution

GovCon Solutions Your Business Our Solution Your Business Our Solution success without limits Who is Headway? Headquartered in Raleigh, NC, Headway connects organizations with superior talent and strategic workforce solutions that improve operational

More information

HOUSE COMMITTEE ON APPROPRIATIONS FISCAL NOTE. HOUSE BILL NO. 1055 PRINTERS NO. 3577 PRIME SPONSOR: Mustio

HOUSE COMMITTEE ON APPROPRIATIONS FISCAL NOTE. HOUSE BILL NO. 1055 PRINTERS NO. 3577 PRIME SPONSOR: Mustio HOUSE COMMITTEE ON APPROPRIATIONS FISCAL NOTE HOUSE BILL NO. 1055 PRINTERS NO. 3577 PRIME SPONSOR: Mustio COST / (SAVINGS) FUND FY 2011/12 FY 2012/13 Administration Fund $0 $0 General Fund $0 $0 Workmen

More information

General Compliance and Best Practices. HR Audit Worksheet

General Compliance and Best Practices. HR Audit Worksheet General Compliance and Best Practices HR Audit Worksheet Note: When conducting a complete HR audit, every aspect of a company's practices should be included. Each question is important, as a deficiency

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

An Introduction to Insperity Business Solutions. For BMRG GAP Members

An Introduction to Insperity Business Solutions. For BMRG GAP Members An Introduction to Insperity Business Solutions For BMRG GAP Members Agenda Introductions Solutions Overview: Financial Services Workforce Optimization Time & Attendance Expense Management Performance

More information

An Employer s Liability when using 1099 Contractors or "Independent Contractors"

An Employer s Liability when using 1099 Contractors or Independent Contractors White Paper An Employer s Liability when using 1099 Contractors or "Independent Contractors" March 8, 2010 A 1099 contractor, or an independent contractor, is a legal and tax-related term used in the U.S.

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

2. What is the FUTA tax rate in 2014? a. 6.2% b..8% c. 6.0% d. 5.4%

2. What is the FUTA tax rate in 2014? a. 6.2% b..8% c. 6.0% d. 5.4% HOW MUCH DO YOU KNOW TODAY? 1. The IRS approved rate for employer provided fuel for 2014 is: a. 5.5 cents per mile b..56 cents per mile c. 9 cents per mile d.,56.5 cents per mile 2. What is the FUTA tax

More information

Defending Against the PEO Threat

Defending Against the PEO Threat Defending Against the PEO Threat Defending your business against the PEO challenge A broker s roadmap to success, presented by expert John Kelly This webinar is to be viewed only by the webinar invitees

More information

Florida State University Summary of Benefits. Benefit Description Cost Effective Date Eligibility Enrollment

Florida State University Summary of Benefits. Benefit Description Cost Effective Date Eligibility Enrollment Sick Leave Accrued paid time off for illness, doctor appointment; or illness, injury, or death of an immediate family member. Each pay period the employee accrues 4 hours. Proportionate accrual for less

More information

ASK THE EXPERTS. Customer Service

ASK THE EXPERTS. Customer Service Ask the Experts If you ve got payroll and tax filing questions, we ve got answers! Read through our list of frequently asked questions below or if you can t find what you re looking for, please send your

More information

NAPEO s State Government Affairs Webinar. June 7, 2016 Daniel Harris Melissa Kelly Nichole Westin

NAPEO s State Government Affairs Webinar. June 7, 2016 Daniel Harris Melissa Kelly Nichole Westin NAPEO s State Government Affairs Webinar June 7, 2016 Daniel Harris Melissa Kelly Nichole Westin CALIFORNIA Explore the feasibility of enacting the NAPEO Model PEO Act Contractors State Licensing Board

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

Tax and Paperwork Checklist for Hiring a Farm Employee

Tax and Paperwork Checklist for Hiring a Farm Employee Tax and Paperwork Checklist for Hiring a Farm Employee LAST UPDATED: June 7, 2014 FIRST PUBLISHED: January 31, 2013 By: Rachel Armstrong Executive Director and Attorney, Farm Commons rachel@farmcommons.org

More information

$&71R SENATE BILL NO. 1105 (SUBSTITUTE FOR SENATE BILL 812 BY SENATOR SCHEDLER)

$&71R SENATE BILL NO. 1105 (SUBSTITUTE FOR SENATE BILL 812 BY SENATOR SCHEDLER) Regular Session, 2001 $&71R SENATE BILL NO. 1105 (SUBSTITUTE FOR SENATE BILL 812 BY SENATOR SCHEDLER) BY SENATOR SCHEDLER AN ACT To enact Part XXV of Chapter 1 of Title 22 of the Louisiana Revised Statutes

More information

Florida State University Summary of Benefits. Benefit Description Cost Effective Date Eligibility Enrollment

Florida State University Summary of Benefits. Benefit Description Cost Effective Date Eligibility Enrollment Sick Leave Accrued paid time off for illness, injury, or appointments with health care providers for the employee or the employee's immediate family member. Each pay period the employee accrues 4 hours.

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

PEOS EXPAND BENEFITS FOR WORKERS

PEOS EXPAND BENEFITS FOR WORKERS NATIONAL ASSOCIATION of Professional Employer Organizations PEOS EXPAND BENEFITS FOR WORKERS PEO Perspective of a Report by the Center for a Changing Workforce January 2002 MILAN P. YAGER EXECUTIVE VICE

More information

WHITE PAPER: TOP 5 HR COMPLIANCE CONCERNS FOR SMALL BUSINESS. Top 5 HR Compliance Concerns for Small Business

WHITE PAPER: TOP 5 HR COMPLIANCE CONCERNS FOR SMALL BUSINESS. Top 5 HR Compliance Concerns for Small Business WHITE PAPER: TOP 5 HR COMPLIANCE CONCERNS FOR SMALL BUSINESS Top 5 HR Compliance Concerns for Small Business As the economic horizon continues to shift and belts tighten, small and mediumsized companies

More information

Executives. Benefits. Summary. The California State University

Executives. Benefits. Summary. The California State University Executives Benefits Summary The California State University January 2006 The Benefits of Working at the CSU This summary of executive perquisites, relocation benefits, and general benefits provides an

More information

New York Professional Employer Act

New York Professional Employer Act New York State Department of Labor Article 31 New York Professional Employer Act ART 31 (06/14) ARTICLE 31 NEW YORK PROFESSIONAL EMPLOYER ACT Section 915. Short title. 916. Definitions. 917. Continuing

More information

Property Management Services

Property Management Services Property Management Services KMG Prestige is committed to excellence in the delivery of comprehensive and innovative property management services Administration Accounting Maintenance Marketing Risk Management

More information

December 19, 2012 PCRB CIRCULAR NO. 1611. Re: APPROVAL OF PCRB FILING NO. 250 MANUAL REVISIONS TO SECTIONS 1, 3 AND 5 EFFECTIVE JANUARY 1, 2013

December 19, 2012 PCRB CIRCULAR NO. 1611. Re: APPROVAL OF PCRB FILING NO. 250 MANUAL REVISIONS TO SECTIONS 1, 3 AND 5 EFFECTIVE JANUARY 1, 2013 December 19, 2012 PCRB CIRCULAR NO. 1611 To All Members of the PCRB: Re: APPROVAL OF PCRB FILING NO. 250 MANUAL REVISIONS TO SECTIONS 1, 3 AND 5 EFFECTIVE JANUARY 1, 2013 1) SECTION 1, RULE XVII PROFESSIONAL

More information

Legal and Legislative Conference

Legal and Legislative Conference Legal and Legislative Conference Workers Compensation What if the PEO Client Secures It? Copyright 2004 The Nugent Law Firm, P.C. All Rights Reserved Traditional PEO PEO Secures WC Insurance through Master

More information

employee benefits update february/march 2013

employee benefits update february/march 2013 employee benefits update february/march 2013 It s time to reap the benefits of matching contributions Can you define compensation? A review of IRS definitions that affect qualified plans Offsetting stagnant

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

FGMK Payroll Services, LLC. One Source Infinite Solutions Year End Guide

FGMK Payroll Services, LLC. One Source Infinite Solutions Year End Guide FGMK Payroll Services, LLC One Source Infinite Solutions Year End Guide Additional Resources IRS Forms and Publications 1-800-TAX-FORM (800) 829-3676 http://www.irs.gov/formspubs/index.html IRS Contact

More information

SAMPLE HR AUDIT CHECKLIST

SAMPLE HR AUDIT CHECKLIST There is so much that can be done to create a dynamic and effective human resources function whether you have an in-house HR professional or not. Ideally, it would be best to gather all the information

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

Fully in Control. Management Information. Pomerantz can customize virtually any type of report to meet your productivity requirements.

Fully in Control. Management Information. Pomerantz can customize virtually any type of report to meet your productivity requirements. Pomerantz Can Improve [ Productivity] To help improve your productivity, look to Pomerantz. The Productivity Analysis Report measures daily and weekly goals. The Daily Labor Productivity Report is a valuable

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

8. Do you need a hardcopy Job Cost Report? Many companies like to track labor costs by the job.

8. Do you need a hardcopy Job Cost Report? Many companies like to track labor costs by the job. 211 S WESTLAND AVE, SUITE 3 TAMPA FL 33606 P: 813.251.3181 F: 888.833.7383 BUSINESS EVALUATION PAYROLL TOPICS YES NO MAYBE 1. Do you need payroll services for piecework employees? If you pay your employees

More information

Payroll Tax and 1099 Compliance: What You Need to Know and What You ll Need to Comply

Payroll Tax and 1099 Compliance: What You Need to Know and What You ll Need to Comply Payroll Tax and 1099 Compliance: What You Need to Know and What You ll Need to Comply Brought to you by ADP, Inc. This presentation was made available by ADP for general informational purposes only and

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

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

The Classic HR Dilemma: You Have The Humans, But Not the Resources

The Classic HR Dilemma: You Have The Humans, But Not the Resources Inc. Branded Content / HR The Classic HR Dilemma: You Have The Humans, But Not the Resources Business owners often find that HR is complex, costly, and time-consuming. Tapping a professional employer organization

More information

Guide to Taxation of Employee Disability Benefits

Guide to Taxation of Employee Disability Benefits Guide to Taxation of Employee Disability Benefits STANDARD INSURANCE COMPANY Guide to Taxation of Employee Disability Benefits Standard Insurance Company (The Standard) developed this guide to help you

More information

Dental Practice Purchase or Sale Checklist. Counsel to review. Seller's Counsel, Buyer's. Election for new operating entity Seller's Counsel

Dental Practice Purchase or Sale Checklist. Counsel to review. Seller's Counsel, Buyer's. Election for new operating entity Seller's Counsel Seller: Buyer: Practice: Location: DUE DILIGENCE 1. LOI LOI completion Buyer's and Seller's Counsel 2. Asset Purchase Agreement For Practice purchase 3. UCC, Lien and This is on the dental practice assets,

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

Turnkey HR Outsourcing Solutions that Deliver Solid Results.

Turnkey HR Outsourcing Solutions that Deliver Solid Results. PARTNER WITH A LEADING SERVICE PROVIDER Navigating the complexities of employee relations can be challenging for employers. Recruiting and hiring top talent, maximizing job performance and separating employees

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

HR OUTSOURCING: WHAT IT CAN DO FOR SMALL EMPLOYERS

HR OUTSOURCING: WHAT IT CAN DO FOR SMALL EMPLOYERS HR OUTSOURCING: WHAT IT CAN DO FOR SMALL EMPLOYERS Compliments of your HR Experts www.adptotalsource.com 800-HIRE-ADP HR OUTSOURCING: WHAT IT CAN DO FOR SMALL EMPLOYERS Dwindling human resources budgets.

More information

CLIENT INFORMATION. State: Non Profit PROPOSAL INFORMATION

CLIENT INFORMATION. State: Non Profit PROPOSAL INFORMATION Sales Rep: XcelHR PEO Branch: CLIENT INFORMATION Company Name: Payroll Contact: Address: City: Phone: FEIN: SIC: Years in Business: Type: Sole Proprietor L.L.P. Corp State: Zip: Fax: Web site: NAICS: Description

More information

guide to understanding PEO billing reports

guide to understanding PEO billing reports guide to understanding PEO billing reports guide to understanding PEO billing reports Table of Contents page Introduction i Why PEOs 1 How Do PEOs Bill for Services? 2 Gross Payroll / Payroll Taxes 3 Federal

More information