Your Business vs. an HR Outsourcing Company
Traditional Model
10 Vendors Relationships, 10 Relationships
For years, the Traditional Business Model has demanded that you maintain multiple relationships with multiple vendors, just for the employment side of things (this doesn’t include your other vendors like printers, web hosts, etc!). The payroll company runs the payrolls, a health insurance broker sells them the healthcare and dental plans, a financial planner handles the 401K plan, their CPA pays the taxes, their P&C broker develops the workers comp plan, an outside safety consultant helps with a Safety Manual, and someone internally tries to keep them compliant with government requirements (sometimes missing things). This worked and still does work today for many businesses. However, when analyzing the work flow, it’s clear that there’s a better way to do business. This is where the HR Outsourcing Company Model becomes so attractive.
HR Outsourcing Company Model
1 Vendor, 1 Relationship
The Professional Employer Organization (what does PEO mean) or HR Outsourcing Company Model, streamlines the multiple responsibilities into one vendor, saving not only valuable management time, but also reducing the fixed costs associated with offering company benefits. Instead of contacting 10 different vendors countless times during the year and adjusting to their patterns of conducting business, you can learn how one vendor – an HR Outsourcing company – communicates (that’s us!). You will save time. You will reduce costs. You will gain focus. Enough reason to call? Contact us or request a proposal.
