VJO Strategic Solutions

Notas do Editor

1. FAQ’s Q What is a PEO? A A Professional Employer Organization, or PEO, is defined as a business entity that provides human resources outsourcing services to client companies through the sue of a co-employment relationship. Q What is a Co-Employment Relationship? A Co-employment is a relationship wherein the PEO acts as the Administrative employer and the client acts as the Worksite employer. The relationship is based on a true partnership. Because of the co-employment relationship, the PEO can help small and medium sized businesses achieve economies of scale they may not be able to achieve on their own and large companies efficiencies and productivity improvement to create a low cost provider scenario. Q In a Co-Employment Relationship, What are the Roles of Each Employer? A The following scenarios describe the roles of each employer in a PEO relationship: The PEO becomes responsible for the payment of wages  in the co-employment relationship, as well as the management of workers' compensation claims and various other administrative functions related to the assigned employees. The PEO handles the regulatory paperwork and compliance issues. The PEO can give managers advice on proper termination procedures, proper disciplinary procedures and more. The PEO provides the client and/or its worksite employees with workers' compensation insurance, unemployment insurance, Employment Practices Liability Insurance (EPLI), a 401(k) plan , health insurance, a Section 125 plan, voluntary insurance products and a broad range of other employee benefits programs. The client remains responsible for directing and controlling the daily activities of the employees assigned to its worksite. The client remains responsible for ensuring a safe work environment . The client remains responsible for keeping track of actual hours worked and then reports those hours to the PEO for processing. The client is responsible for making sure payroll funds are paid to the PEO.
2. Q Can My Business Benefit from a PEO? A When you partner with VJO Strategic Solutions, your business can benefit in a number of ways.  You become better positioned to: Focus on Your Core Business  – By removing  non-revenue producing tasks you can spend much more time on what counts: managing and growing your business. Lower Expenses and Increase Profits  – By outsourcing your human resources, benefits and payroll administrative tasks to Oasis, you can take advantage of our economies of scale and broad expertise. Become an Employer of Choice – By providing world-class benefit programs for employees, you are better able to attract and retain great employees. Maintain Peace of Mind – By protecting your business with guidance on legal compliance and improved risk management, safety support, training and claims processing services, you gain peace of mind. Q What is EPLI Insurance? A EPLI stands for Employer Practices Liability Insurance. This is a specific type of liability insurance that provides coverage in the event of a lawsuit filed by a current or ex-employee and there is no charge to the client for this coverage. The client can drop any existing coverage and the dollar savings should be included in any cost savings analysis. Q What is HRIS? A HRIS stands for Human Resources Information System and provides a Web Based platform to manage all aspects of the human resources suite of services. IE benefits information, payroll information, employee information, employee reviews and performance management.