What kind of services does a typical Professional Employer Organization (PEO) offer?:
PEO Payroll Administration
* Prepare payroll and distribute checks
* Direct deposit
* W2’s
* W3’s
* Payroll Data
* Withholdings and Tax Deposits
* Payroll record keeping, audits
* I-9 inquiries
* Reports and job costing
* Time clock management
* Vacation
* Payroll software
PEO Workers Compensation
* Claims administration
* OSHA Compliance
* Policy cost
* Dividend plan reviews and audits
* Report and document accidents
* Safety plan creation, administration and training
* Work Comp billing reconciliation
* Safety audits
* NCCI rate reviews
PEO Employee Benefits
* Short term disability
* Long term disability
* Benefits handbook
* Dental insurance
* Health insurance
* Eligibility tracking
* COBRA compliance and administration
* Plan discrimination testing
* Carrier payments and account audits
* Annual plan cost reviews
* 401K administration
* Annual enrollments
* Flexible spending accounts administration
* Section 125 (pretax) premium audits
* Life Insurance plan administration
* Employee assistance plans (EAP) administration
PEO Human Resources
* Legal assistance establishment and retainers
* Employment policies
* Valid employee handbooks
* Manage insurance for Employment Practices Liability (EPLI)
* Unemployment claims administration
* Background checks
* Audit compliance with Wage and Hour (FLSA)
* Audit compliance with ADA – Disability Act
* Audit compliance with EEOC
* Audit compliance with OSHA
* Attendance audits
* Employment applications
* Applicant interviewer training practices
* I9 compliance
The exact set of services bundled for a PEO client are customized to the needs of the employer and his employees. The employer saves money, time and aggravation by partnering with a PEO.
Sunday, July 1, 2007
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