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Alphastaff Broker Value Allegro

Date post: 20-May-2015
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Helping Our Broker Partners Protect, Grow and Differentiate Their Business
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Page 1: Alphastaff Broker Value  Allegro

Helping Our Broker Partners

Protect, Grow and Differentiate

Their Business

Page 2: Alphastaff Broker Value  Allegro

Meet AlphaStaff – The Company

• Over a decade of growth & success supporting our clients

• One of the nation’s largest PEOs

• Serve broad range of client companies (10-5000 employees)

• Experienced Senior Leadership team • Privately-held by Accretive - innovators in outsourcing

& healthcare

LEADERSHIP & INNOVATION

• Broker- friendly -- long-term commitment to broker distribution model

• First in industry to introduce a solution for large employers

QUALITY

• A- Rated Carriers • SAS 70 Type II certification • ESAC Accredited (like the FDIC and SIPC)

• Six Sigma Methodology • HR Account Managers- 100% certified

CAPABILITY

• Unique Delivery Model • Industry Leading Partnerships • Trusted Provider /Partner to #1 and #2 Banks in the U.S.

Page 3: Alphastaff Broker Value  Allegro

Why Partner with AlphaStaff?

Page 4: Alphastaff Broker Value  Allegro

Reality Check

Source: National Association of Insurance & Financial Advisors; EEOC

Broker

Commissions

• Health insurance costs & administration: A growing burden on employers and employees

• 100,000 employment related claims filed in 2010 vs. 93,000 in 2009

• 20% of agents plan to stop selling health insurance in the future

Clients’ Costs &

Compliance Risks

More time & effort will be required to maintain

your clients’ compliance, reduce their risks, AND

manage impacts on your commissions

Page 5: Alphastaff Broker Value  Allegro

We Are Your Partner,

Not Your Competitor

Differentiate, grow and protect your business.

Create a healthy new revenue stream through AlphaStaff's attractive Broker Compensation Program.

Protect yourself and your clients with our Broker of Record (BOR) policy.

Stand out from your competition by having a more robust portfolio of offerings and services.

Watch your business grow as you utilize AlphaStaff broker tools and support systems.

Rest easy knowing you have an industry-leading business partner and an experienced team of sales professionals dedicated to your success.

Page 6: Alphastaff Broker Value  Allegro

Our Broker Promise

WE ARE THE BROKER’S PEO We are proud to be known as the Broker’s PEO and as such, we have established a number of principles that guide our philosophy:

ALPHASTAFF WILL NOT COMPETE WITH ITS CONTRACTED AGENTS.

ALL ALPHASTAFF COMMISSIONS ARE 100% VESTED.

ALL ALPHASTAFF COMMISSION RATES ARE GUARANTEED FOR THE LIFE OF THE ALPHASTAFF CLIENT.*

ALPHASTAFF WILL NOT DISCLOSE AGENCY COMMISSION RATES TO ALPHASTAFF CLIENTS.

STRONG BROKER OF RECORD (BOR) POLICY Competition between the contracted insurance agents is governed by AlphaStaff’s Broker of Record (BOR) policy.

ONCE ALPHASTAFF HAS RECOGNIZED A REFERRAL AGENT FOR COMMISSION PURPOSES WITH AN ACCOUNT IT WILL NOT CHANGE THE “REFERRAL AGENT” DESIGNATION TO ANOTHER AGENT.

ALPHASTAFF DOES NOT ACCEPT BOR LETTERS FROM COMPETING AGENTS ON ACCOUNTS WHERE IT HAS DESIGNATED THE REFERRAL AGENT.

THE ORIGINAL REFERRAL AGENT ON THE ACCOUNT WILL CONTINUE TO RECEIVE COMMISSIONS FOR AS LONG AS THE ACCOUNT REMAINS WITH ALPHASTAFF.*

*Subject to the terms and conditions as set forth in AlphaStaff’s Master Referral Agent Agreement.

Page 7: Alphastaff Broker Value  Allegro

The Value of Shared Employment/PEO

“Empowering PEOple to Drive Productivity & Profits”

Page 8: Alphastaff Broker Value  Allegro

Engaging Prospects The AlphaStaff/ Broker Partnership

Page 9: Alphastaff Broker Value  Allegro

Engaging Prospects The AlphaStaff/ Broker Partnership

Broker

Partners

Our Clients AlphaStaff

Experienced, knowledgeable Sales team

• Industry Licensed

• AlphaStaff trained and certified

• A consultative approach to the client • Broker friendly – NO TRESPASS • Solutions-focused • Single source provider- dedicated team

Page 10: Alphastaff Broker Value  Allegro

AlphaStaff Client Engagement

Process

The AlphaStaff Team and Brokers Working Together to…

Page 11: Alphastaff Broker Value  Allegro

Client Profile Assessing Their People Needs - First

State of the Business/Workforce

Growth Strategy

Workforce Recruitment

Workforce Retention

Risk Management

/Workforce Maintenance

Workforce Separation

EEOC Issues?

Currently outsourcing

payroll?

Downsizing or growing quickly?

High turnover?

Existing Onboarding

process?

Full/part time HR administration?

Workers’ Comp Claim issues?

Together, we help clients ask

the right questions about their business

Page 12: Alphastaff Broker Value  Allegro

Closing the Deal

Payroll and Tax Service Time and Attendance

Pay Cards

Employee Self Service

Reporting and Analytics

Human Resources Legal & HR Compliance Support

Tactical & Strategic Expertise

Claim & Investigation Support

Unemployment Claims Administration

Risk Management Loss Control

Employer Protection Liability

Insurance

Training

Benefits & Benefits Administration

Health Insurance

Carrier Integration

Open Enrollment

COBRA & Section 125 Administration

401K Retirement Plan

A Compelling Offering For Your Clients: Comprehensive people solutions, consolidation of vendors,

domain expertise, scalable solutions, value and choice

Page 13: Alphastaff Broker Value  Allegro

Meeting Your Clients’ Needs

Page 14: Alphastaff Broker Value  Allegro

“My broker and AlphaStaff helped me…”

Take work off my desk

Reduce/minimize cost

Manage employees

Stay compliant

Balance coverage with risk

Meeting Your Clients’ Needs

Page 15: Alphastaff Broker Value  Allegro

ABOUT ALLEGRO

PEOPLE SOLUTIONS

Solutions Delivery

Page 16: Alphastaff Broker Value  Allegro

Human Capital Planning • Talent

Management • Performance Management • Training and Development

Innovative Benefit Solutions

• Funding Strategies

Labor Liabilities and Compliance

• FLSA, EEOC, FMLA, Employee Relations • Best In Class EPLI

Coverage • Handbooks, Policy

and Guidelines • Unemployment

Comprehensive Workers’

Compensation • Loss control

• Return-to-Work Programs

HR Technology Strategies

• Time and Cost Saving Applications

• Data Management • Reporting/Analytics

Solutions

for Your

Clients’

Business

Services

for Their

People

Payroll Deduction /

Direct Deposit / Pay Cards

Paid Time Off / Leave Processing

Employee Expense Reimbursements

Comprehensive Benefits

Online Benefits • Enrollment and

Planning Tools

Voluntary Benefits

COBRA Services

Employee Assistance Programs

and Perks

It’s About Value + Choice Regardless of the company size or industry, your clients

demand value for the services they receive, and

want choices.

AlphaStaff’s approach to solutions delivery is all about giving your clients the ability to choose the services they want, how and when they

want them, as their business grows. Online Tools, Total

Compensation, Pay Vouchers, W2s

Page 17: Alphastaff Broker Value  Allegro

What You Can Expect From

AlphaStaff

Page 18: Alphastaff Broker Value  Allegro

We Bring Great Companies Together

A rated carriers, world class service, technology & strategic partners - providing customized solutions

Page 19: Alphastaff Broker Value  Allegro

Service, Responsiveness &

Technology

Interactive tools

Product & Go-to Market strategies

Technology platforms

Online Open Enrollment Benefits

Site and Tools Updated Client Portal

(InfoSource)

Advanced Reporting Tools

(Same capabilities as ADP report writer)

Page 20: Alphastaff Broker Value  Allegro

AlphaStaff and MGA

Page 21: Alphastaff Broker Value  Allegro

AlphaStaff’s Managing General

Agency (MGA) was established to:

Supplement your lines of insurance products and services.

Provide a complete portfolio to your clients and their worksite employees.

Enhance attractiveness to our broker network with the goal of increasing their profitability.

The MGA Objective

We enhance attractiveness to our broker network

and increase their profitability.

Roles and Responsibilities

1. Manage all the Licensing and Contracting,

known as the “Legal Entity” ..

2. Assist in the Product Selection, Benefit

Design and Underwriting Guidelines specific

to Benefits; known as the “Product Matter

Experts”.

3. Supervise all commission pass down to our

referring broker network specific to benefits.

4. Collaborate with the broker network.

Page 22: Alphastaff Broker Value  Allegro

HERE TO HELP YOU WIN


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