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Employer of Record Responsibilities
With a PEO / ASO:
Considerations for your company:
Workers’ Compensation Insurance
With a PEO / ASO:
Considerations for your company:
Coverage provided under your own "stand-alone" policy.
If your company currently has an attractive Workers' Compensation insurance policy in place, a PEO - ASO arrangement can help you administer your own policy. A PEO offering an ASO arrangement can also assist you with obtaining your own "stand alone" policy.
Safety and Risk Management
With a PEO / ASO:
Considerations for your company:
Coverage provided under your own "stand-alone" policy.
If the PEO is assisting you with obtaining your own policy, then the PEO will take on a more advisory capacity...any adverse claims experience will affect your experience rating and not theirs.
Health Plans
With a PEO / ASO:
Considerations for your company:
Coverage provided under your own "stand-alone" policy.
If your company currently has an attractive Health Plan in place, some PEOs can assist you with administering your plan. PEOs offering an ASO arrangement can assist you with obtaining your own "stand alone" health plan. This has the advantage of being portable if your decide to terminate the PEO relationship.
Employee Benefits
With a PEO / ASO:
Considerations for your company:
Human Resources
With a PEO / ASO:
Considerations for your company:
Regulatory Compliance
With a PEO / ASO:
Considerations for your company:
Several forms of PEO relationships are available to most businesses and many PEOs can offer multiple options. Let StaffMarket help you find the right option for your company.