1What is a PEO?
A Professional Employer Organization, or PEO, is a company that enables clients to outsource human resource management, payroll, employee benefits and workers’ compensation insurance.
2How does a PEO operate?
A contractual relationship, known as “co-employment”, is established between the PEO and its client.
3What is Co-Employment?
The PEO becomes the employer of record and assumes the responsibility for payroll processing and payroll taxes, as well as the liability for worker compensation and unemployment claims. The client still maintains complete control of its operations, employees, marketing, sales and service.
4Who uses a PEO?
Any business can find value in a PEO relationship because they offer a wide variety of services including; web-based HR technologies, expertise in HR management, and well developed risk management programs.
5How will a business benefit from a relationship with AllianceHR?
AllianceHR assumes administrative duties for all human resource functions, payroll processing, workers compensation, unemployment claims and risk management. This enables clients to focus more on sales, service and daily operations, allowing them to grow and become more profitable.
6Does a client give up control of its employees?
No. In a co-employer relationship the client never, at any time, relinquishes control of its employees, product development, marketing, sales or service. The client always retains ownership of the company and control over its operations.
7Why is AllianceHR better than a payroll service?
AllianceHR services are much more comprehensive than a payroll service provider. AllianceHR not only administers your payroll but has numerous specialists managing your workers’ compensation, unemployment and benefits programs, as well as handling regulatory compliance, record keeping, and human resources.
8What workers’ compensation function does AllianceHR perform?
AllianceHR’s workers compensation policy covers all of its clients employees. Alliance assumes the liability for employee injuries, and clients have no prepayment of premium, deposits or audits. Alliance also provides the risk management, claims management, year-end audits, employee safety programs, and requested certificates of insurance.
9What is the difference between a PEO and a Temporary Staffing company?
PEOs do not supply labor to worksites. They become the employer of record and provide services like payroll processing, workers comp, benefits, and unemployment claims management. A temporary staffing service recruits and assigns employees to its clients that will supplement the client’s workforce on a temporary basis.