What is a PEO?
Organizations enter into an agreement with a PEO to establish a three-way relationship between a company, its employees and the PEO. A business owner and a PEO become co-employers, instead of the traditional employer company/employee relationship. The individual employees continue to work at their company location and business owners continue to exercise control over their business. The PEO takes responsibility for human resource administration, payroll and compliance, and employee health insurance administration, for which it charges a service fee. This allows the PEO to provide businesses with employment administration relief and transfer or share many employer liabilities. Focus OneSource services allow organizations to systematically and strategically enhance the total quality of their organization, which results in greater efficiency and productivity.
How can focus onesource help me to grow my business?
Once business owners engage with a PEO, they can focus on what they do best – growing their business for increased results and profits. Business owners find that they actually gain more control over their company because they are freed from administrative issues and details. In addition, employees reap the benefits with increased productivity and job satisfaction by having the tools and resources they need for effective management of their benefit packages via a provider exclusively devoted to this area.
What is the value of working with one organization for all of my business-critical needs?
Focus OneSource offers large company health insurance and ensures human resource compliance for organizations of any size. By partnering with Focus OneSource, the administration of payroll and benefits is made simple. Through years of experience, the company’s founders are able to drive revenue and protect profits while simultaneously minimizing employer risk, allowing organizations to remain competitive in the “new economy.” Focus OneSource continues to add clients that represent some of the Midwest’s most respected companies.
What are the benefits of outsourcing?
Outsourcing is not a bad word, but rather a winning business strategy. We seek to outsource for services every day, but don’t recognize it. Most businesses have a CPA doing their monthly books and taxes, use an attorney when needed and even have a cleaning crew coming in at night to tidy the office. Why? Because successful owners know why they got into business and recognize they don’t have the expertise or time to do these tasks. It is critical that an owner focuses on their business with their talent and knowledge. It’s that skill and know-how which earns and enhances the business’ bottom line.
Why would a business use a PEO?
In today’s new economy business owners and managers need to focus their time and efforts on the “business of their business” and not on the “business of employment.”
- Focus OneSource offers lower-cost employee health insurance programs by leveraging the purchasing power of many employers and by eliminating unnecessary insurance company administrative charges and distribution costs such as commissions. It is through the co-employment relationship that customers of Focus OneSource attain meaningful economies of scale that they simply cannot obtain on their own.
- Business owners do not have the necessary human resource training, payroll and accounting skills, knowledge of regulatory compliance and employee health insurance programs that are essential to conduct business efficiently and effectively. Companies that have a professional human resource department find that Focus OneSource provides a valuable service that complements and supports the department’s strategic initiatives that need their expertise in implementing to advance the company’s goals and objectives.
- Focus OneSource provides worksite employees with coverage under the entire spectrum of employment laws and regulation, including federal, state, and local discrimination laws, Title VVI of the Civil Rights Act, Age Discrimination in Employment Act, ADA, HIPPA, Equal Pay Act, FMLA, and COBRA. In some cases, these laws may not apply and protect workers at a small business without the Focus OneSource relationship since there may be exemptions based upon the number of employees.