 The PEO Source Solution:
- Educates brokers on the benefits of their clients contracting with a Professional Employer Organization (PEO) or Administrative Service Provider (ASP)
- Allow insurance professionals to focus on their area of expertise by outsourcing the search for the “Right PEO” for their clients, to experts in the PEO industry
A PEO handles all non-staffing HR responsibilities that include:
- Benefits Administration
- Payroll Processing and Compliance
- Government Regulation Compliance
- Organization of Employee Data
- Unemployment Compensation Management
The type of clients that can benefit from
The PEO Solution:
- A company without sufficient internal resources or capitalization to manage the Human Resource and Risk management functions in such a way as to minimize their employee associated legal and fiduciary exposures and also provide their employees with a safe work environment.
- A company who is experiencing skyrocketing costs associated with Workers Compensation insurance or health and welfare benefits because of a lack of expertise in areas necessary to control these costs
- A client whose only option is the traditional Workers Compensation market is the JUA.
- A company who wants to provide better or big company benefits typically not available to them because of their size.
PEO’s are professionals at performing these tasks, reducing your clients time, shifting many of the employer related liabilities they face to a third party and reducing in some cases the short term costs but in almost all cases the long term cost to your clients business.
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PEO Source:
Educates brokers on PEO and ASP benefits.
Allows agent to focus on area of expertise.
Describes benefits.
Provides solutions.
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