11. Working with an HR outsourcing firm may
help your business if you’re experiencing
difficulty with any of the following:
Attracting and retaining quality employees
Shopping, managing and controlling the cost of employee benefits
Processing payroll
Keeping up with changes to federal and state employment laws
Managing liability and risk
Handling general HR administration
13. The National Association of Professional Employer Organizations (NAPEO)
defines co-employment as the contractual allocation and sharing of
employer responsibilities between a Professional Employer Organization
(PEO) and its client.
14. Unlike other HR outsourcing firms that provide only one or two
quality services, PEOs offer a far more comprehensive approach
to meeting your unique HR needs.
fact
15. PEOs do not supply a workforce;
they supply services and benefits
to a client employer and its existing workforce.
16. A PEO can function as a full-service,
outsourced HR department
or support your existing HR staff.
17. You maintain control of all business decisions and operations, while the
co-employer manages the employee-related aspects of your company.
18. Working with a PEO does not require the forfeiture of your employer
rights. You are generally not obligated to consult with your PEO before
making a decision—big or small—about any employee.
fact
19. Instead of losing control, you’ll likely find working with a PEO affords you
more time to concentrate on the core competencies of your company.
22. If you’ve decided to work with an HR outsourcing company,
there are many points to consider before making your selection:
How does the provider structure its services?
What are the associated costs?
What is the company’s background?
What level of customer service do they offer?
Are they accredited?
What benefits are most important to your employees, and does the
company in question provide them?
23. There are currently more than 700 PEOs nationwide, and their service
offerings and structures vary considerably. Read contracts closely and
ask plenty of questions. You’ll be happier in the long run if you fully
understand the services you’ll be receiving.
24. It’s advisable to select an HR outsourcing firm that has
a reputation for quality service in your area. The NAPEO
website features a comprehensive directory that can
help you find reputable companies in your state. Pick a
few prospects and start making calls.
25. Provide your top choices with some
basic information:
How many workers you have
The size of your payroll
Whether or not you have a need for risk services
What kind of benefits you’re interested in
Then let each company respond with a proposal.
27. 1. Relief from general HR tasks.
Outsourcing administrative duties to a group that specializes in HR
ensures that important issues will be handled correctly, including:
Payroll administration
Government compliance
Employee benefits
Employer liability management
28. 2. Access to comprehensive and affordable benefits.
An HR outsourcing firm aggregates small companies and rolls them
into one big package, resulting in much more favorable rates and
treatment. It can offer a wider range of benefits and services to your
staff at a much better price, including:
Healthcare benefits
Retirement services (401(k) )
COBRA administration
HIPAA management
29. 3. Reduced payroll and administration burdens.
By entering into a co-employment relationship, you stand to benefit
from a decrease in the costs associated with payroll processing and
maintaining wage records. You’ll also receive reliable assistance with
tasks such as:
Payroll processing
Tax reporting and deposits
Paycheck/paystub preparations and delivery
Garnishments
30. 4. Assistance with federal and state employment laws and regulations.
A PEO should be able to:
Administer payroll in accordance with federal and state laws
and properly report federal, state and local taxes
Administer unemployment claims
Respond to employment verifications
Comply with federal laws affecting PEO-sponsored benefits
(e.g.—COBRA, HIPAA and ERISA)
Provide guidance for compliance with Occupational Safety
and Health Administration (OSHA)
31. 5. Reduced liability.
HR outsourcing firms have a vested interest in keeping your business
compliant and will assist you with related tasks, including:
Employee handbooks
Workers’ compensation claims
Agency interface
32. 6. Access to seasoned HR professionals.
HR outsourcing companies are comprised of knowledgeable professionals
who specialize in HR and can be trusted to handle issues in a timely
and thorough manner, including:
Employee relations support
Employee liability awareness training
Equal Employment Opportunity Commission claim
investigation, reporting and mediation
33. Imagine yourself with the freedom to focus on
what matters most—growing your company.
34. A professional HR outsourcing company can shoulder the bulk of
your administrative burdens so that you can get back to business.
35. How Insperity Can Help
For more than 25 years, Insperity has been providing business
owners with services tailor-made to maximize opportunities for
growth and profitability.
We offer a combination of HR and performance solutions that are
among the most comprehensive in the marketplace, delivering
administrative relief, access to better benefits, reduced liability
and a systematic way to improve productivity.
36. Why Insperity
At Insperity, we take the time to learn your business, understand
your company culture, identify your pain points and examine what
differentiates you from the competition. With our unparalleled
level of back-office support, you’ll be free to focus on the core
business activities that will help grow your company.
37. This is just a taste
of what a PEO
can do for you.
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