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MHR What is a PEO and an ASO

Date post: 01-Dec-2014
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Presentation that explains what a PEO and ASO is and how it works. Features and benefits of the PEO and ASO relationship.
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Don Martin HR Consultant Payroll, Workers’ Compensation HR Tasks & Administration, Health Care Benefits, Employer Risk Management An introduction to Professional Employer Organization & Administrative Services Organization Human Resource Outsourcing
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Page 1: MHR What is a PEO and an ASO

Don MartinHR Consultant

Payroll, Workers’ CompensationHR Tasks & Administration,

Health Care Benefits, Employer Risk Management

An introduction to

Professional Employer Organization & Administrative Services Organization

Human Resource Outsourcing

Page 2: MHR What is a PEO and an ASO

What is a PEO?

Human Resource Team Hired by Client Function as the Administrative Employer

– Payroll & Payroll Taxes– Record Keeping– Workers’ Compensation– Human Resource Compliance/Best Practices– Employee Benefits

Establish a Co-Employment Relationship

Page 3: MHR What is a PEO and an ASO

What is the different in an ASO?

Human Resource Team Retained by Client (MHR) Function as an outsourced HR Resource managing

some or all of the following:– Payroll & Payroll Taxes– Record Keeping– Workers’ Compensation– Human Resource Compliance/Best Practices– Employee Benefits

Established by Retainer Service Agreement

Page 4: MHR What is a PEO and an ASO

The Co-Employment Relationship

Established by a Service Agreement Client is the Worksite Employer PEO is the Administrative Employer PEO is a Vendor to Your Company Clients Decide who to:

– Hire– Discipline– Terminate

Page 5: MHR What is a PEO and an ASO

PEO’s Are Co-Employers

Sharing of Employer Responsibilities– Client Still Controls:

Worksite Products & Services Leadership & Direction Wages Who Does What and When Everything They Currently Control

Page 6: MHR What is a PEO and an ASO

PEO’s Are Co-Employers

Sharing of Employer Responsibilities– PEO Manages:

Payroll Workers’ Compensation HR Compliance HR Best Practices Employee Benefits Acquisition & Administration Employment Tasks, Administration & Compliance

Page 7: MHR What is a PEO and an ASO

Client…What’s in it for You?

Consolidation of Administrative Vendors– Payroll Company– Insurance Companies– Workers’ Compensation– Retirement Plan

Relieve Burden of HR Tasks Client can Focus on Core Competencies

Page 8: MHR What is a PEO and an ASO

Client…What’s in it for You? (cont)

Access to Experience HR Team– Payroll Manager– Human Resource Manager– Risk & Safety Manager– Benefits Manager– Government Compliance Manager

Control Costs, Save Time, Reduce Risk Allow You to Focus on Revenue Generating

Activities

Page 9: MHR What is a PEO and an ASO

Employees…What’s in it for Them?

Excellent Benefit Package Available– Health, Dental, Vision, 401(k), Disability, Life Ins.

Professional Assistance with Employment-Related Issues

Up to date Employee Handbook & Policies Easy Access to Payroll Information Demonstrates their employer cares..

Page 10: MHR What is a PEO and an ASO

Big Business Footprint…

Corporate Human Resource

DepartmentSatelliteOffice

SatelliteOffice

SatelliteOffice

SatelliteOffice

SatelliteOffice

Many employees connected to Corporate HR Department . Corporation taking advantage of economies of scale that small businesses often cannot obtain…

Page 11: MHR What is a PEO and an ASO

Small/Mid Size Business Using a PEO

-PEO-HR DepartmentCompany

C

CompanyB

CompanyA

CompanyE

CompanyD

Many varying sizes of companies connected to PEO’s professional HR Department taking advantage of economies of scale that to help small business compete, save time, save money and reduce employer risk…

Page 12: MHR What is a PEO and an ASO

A PEO Model Example

Page 13: MHR What is a PEO and an ASO

Services OutlineServices Outline

PAYROLLPAYROLL

· Payroll Processing

· Paychecks/Direct Deposit

· Garnishments/Child Support

· Track Vacation/Sick Time

· Payroll Reports

· Federal & State Reports

· Tax Deposits/Payments

· W-2s & Year End Reports

· Internet Web Tool

BENEFITSBENEFITS

· Health Benefits

· Dental & Vision

· Life Insurance

· 401k

· Disability Insurance

· Cafeteria 125

· FLEX Plans

· Group Banking

ADMINISTRATIONADMINISTRATION

· Employee Handbooks

· Maintain Employee Files

· Assist in Hiring & Firing

· New Hire Reporting

· Unemployment Claims

· Government Compliance

· Drug Screening

· Background Checks

RISK MGMTRISK MGMT

· Provide Workers Comp

· Develop Safety Program

· Customize Safety Manual

· Advise OSHA Compliance

· Claims Administration

· Employer Liabilities

· Return to Work Programs

Page 14: MHR What is a PEO and an ASO

In summary, we can help you…

Save time Save money

Increase Productivity Reduce Employer Risk

So you can focus on why you went into business in the first place…

We help you compete in an uncertain economy, coach you how to grow your business, save you time & money, and reduce employer risk

Page 15: MHR What is a PEO and an ASO

For More Information

Don Martin

Tel: (937) [email protected]

www.martechhr.com

It would be my honor & pleasure to serve you in your

Employee Management & HR needs

Thank you

Page 16: MHR What is a PEO and an ASO

MHR PEO Model

12

3

4

MHR

Client

Employee

1= Service Contract / Co-Employment Agreement2= Employment Relationship3= Shared Relationship & Employer Responsibilities4= Employment Relationship /Worksite focused function of Client5= Broker & SLA Contract6= Relationship Management

All services included with Payroll required:

BWC TPA/Grp Mgmt

Payroll

Benefits Broker

Investments (401k)

Admin. & Compliance

PEO5

6

Page 17: MHR What is a PEO and an ASO

MHR ASO Model

1

23

4

MHR Client

Employee

1= Retainer / Service Agreement2= HR Functions/Employee Specific3= HR Shared responsibilities & Collaboration4= Worksite focused function of Client

Some of many optional managed services and vendors:

BWC TPA/Grp Mgmt

Payroll

Benefits Broker

Investments (401k)

Admin. & Compliance


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