PEO Consulting Services
Specialization and outsourcing is becomming more common everyday. HR and benefits is a highly regulated and specialized area of business. Many businesses love the value offered by a turn key vendor such as a PEO or ASO. Aliere has extensive experience and resources in the PEO and ASO sector. If you are thinking about moving to a PEO or switching between PEO vendors we can help.
Here’s why you should use our PEO consulting services. Its FREE because we get paid by the vendor to help you get the best deal.
Every business pays a different rate for the benefits and services of the PEO. The key difference is knowing whats under the hood. We how PEOs price their services and how to present your company correctly to get the most favorable rates.
Our PEO consulting services will give you the upper hand. Saving you a tremendous amount of time.
Since outsourcing HR to a PEO is a fundamental business strategy we helped pioneer, we’re sort of the PEO experts. Helping clients secure the lowest rates is in our DNA.
If you’re thinking about outsourcing HR for the first time, we helped a 110 employee company save $250,000 per year just by outsourcing to a PEO and getting them more affordable health benefits.
Our PEO consulting services include:
- Review of current payroll related expenses such as administration, workers’ compensation and employee benefits.
- Collect and prepare the underwriting materials to obtain the best rate quotation from MULTIPLE qualified vendors.
- Preparation and presentation of the PEO proposals.
- New client setup and on-going account management services.
- Monitor the status of the relationship with the PEO to ensure satisfaction.
- An annual policy review, suitability audit and cost/benefit analysis.
The first challenge in outsourcing to a PEO is selecting the best one for your business and securing their lowest rates.
Most companies have very limited experience with PEO. They underestimate the complexity of the engagement and transaction. This often leads to overpaying. Our PEO consulting keeps that from happening.
Contracting with a PEO is not automatic. The process involves underwriting by the PEO to evaluate the risk of taking you on as a client. The quality of your business will be evaluated, rated and priced accordingly. Lots of businesses get turned down or charged too much by the PEO because they didnt have our professional guidance through the process.
The best thing to do is let an expert help you with the process. Aliere offers PEO consulting for small business as a complimentary service.
Why Use A PEO?
- It’s too expensive or we can’t afford it.
This is a common concern for most companies. The fact is employment litigation is at an all-time high. It costs, on average, approximately $288,000 if a case goes to trial not including any fines or penalties. Just attorney fees. Most cases are settled out of court for around $88,000. Do you have that kind of margin floating around? A PEO will protect your company from employment litigation while giving you access to more affordable and better health benefits.
- We don’t need to do it right now.
The worst time to outsource HR to a PEO is right after something negative has happened inside your business such as a workers comp claim, a major medical issue, OSHA inspection/fine, etc. Once that happens, your company appears too risky and you’ll end up paying more for the PEO’s services. Or they’ll deny you altogether. NEVER wait. You never know what the future will bring.
- We have HR covered already.
You might think you have it covered, but it’s impossible to do in-house what a professional employer organization can do. PEOs provide HR services and employee benefits to thousands of businesses. All they do is provide world class HR administration services and manage employee benefits. Once you’re with a PEO, you’ll have access to a ton of HR services and be able to offer much better employee benefits.
What is a PEO?
PEOs provide health benefits and other services to thousands of employees at once. PEOs have the buying power of a major employer so they can negotiate better rates and offer a more comprehensive employee benefits programs than a small business can get on their own. Each PEO is different, and some are better than others which is why you need an expert to help guide you.
How does a PEO reduce employment risk?
By leveraging a “co-employment” relationship, your employees are grouped with the PEO’s other ’employees’ to give the PEO large group buying power. The PEO will then handle payroll admin, payroll taxes, unemployment administration, human resources compliance as well as compliance with the Affordable Healthcare Act regulations. The daily burden of HR administration shifts to the PEO. Your company dramatically reduces the work resources associated with transactional HR functions. You open up more resources for growth – instead juggling around with HR.
How Does a PEO Help My Business?
- Payroll Administration
Optimizing your Payroll Service, Technology, Reporting and Tax Administration are all services included with a PEO. Working with a PEO will give you more time to do what you do best: grow your business.
- Employee Benefits
Fortune 500 benefit packages streamlined from one source. With complete employee benefits administration, support and compliance, helping you recruit and retain top talent without having to deal with administrative headaches.
- Risk Management
Assisting with administration & claims, OSHA compliance, work-site hazard assessments, drug-free workplace programs and on-site safety trainings & more. Comprehensive loss-control strategy, protecting clients from claims of wrongful employment acts, such as discrimination, harassment and wrongful termination.
- Workers’ Compensation
With a convenient pay-as-you-go program—no deposits, no advance premiums, no deductibles, no year-end audits or other hassles. This helps eliminate large upfront premium payments, improving cash flow.
- Human Resources
Managing HR administrative tasks, keeping up-to-date and in compliance with all federal & state employment laws, unemployment claims administration, providing up to date employee handbooks and expert guidance with regard to all employment related laws and practices.
- The Affordable Care Act (ACA)
PEOs will help clarify, simplify and guide your business through all the information and laws that pertain to ACA and make sense of how it effects your company. It is complex, but we have prepared many unique solutions & options for every situation. We will take care of all the tedious reporting that ACA will require businesses to do thereby easing your burden.