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Human Resource Outsourcing (HRO) Why It’s Good For Your Clients With 10 to 1000 Employees Why Would A Client Need CSI-HRO? A Few Questions to Ask Are you currently outsourcing payroll? Flex Spending? Risk Management? 401(k)? COBRA Administration? Employee Training Programs? Do you have an employee handbook? How often is it updated? How are you currently handling Human Resource issues? How do you know that you are in compliance with all labor-related laws and regulations? What would you do if you were faced with a sexual harassment claim? How do you know if you are committing enough time and effort on Human Resources Support? Would you like to improve your employee benefit package? Would you like to be recognized as an “Employer of Choice”? 2 Compensation Solutions, Inc. Who Handles HR Now? Office Manager Outside Part Time HR Consultant Payroll Company Accountant / Attorney Insurance Broker You the Owner ??? 3 Compensation Solutions, Inc. What is a HRO? A Complete HR Outsourcing Solution Personnel Administration Employee Benefits Payroll Administration Compliance / Safety Retirement Planning Risk Management Leaves, Terminations, Disability Recruiting & Staffing 4 Compensation Solutions, Inc. What an HRO Will Do For Your Business Personnel Administration - Orientation, I-9 Management, New Hire Reporting Employee Benefits - Health, Dental, Vision, Supplemental, 401 (k), COBRA Payroll Administration - PTO Tracking, W-2 Processing, Tax Filings, and Web-Based Forms & Applications 5 Compensation Solutions, Inc. What an HRO Will Do For Your Business Compliance, Risk Management- FLSA, ERISA, OSHA, EEOC, ADA, Safety Training Leaves, Terminations, Disability- FMLA, Exit Interviews, Unemployment Claims Management Recruiting & Retention- Microsoft Office Skills Training, Online Resume Searches and Postings 6 Compensation Solutions, Inc. All Under One Umbrella Cost Effective & Efficient Wealth of Knowledge Best Practices Advice Control Costs 24/7 Access Reduce Risk & Avoid Exposure 7 Before and With Compensation Solutions QUESTION Payroll Questions FICA Taxes, W2’s, W4’s Workers’ Comp Costs Labor- Employment Questions Health Insurance Plan Life Insurance Rates Dental Insurance Coverage 401(k) Pension Plan Cafeteria Plans Workers’ Comp Claims Health-Dental Claims Disability Claims Sexual Harassment FMLA-COBRA-HIPAA-FLSA Wrongful Discharge Safety Compliance Equal Opportunity WHO I CALLED ADP/Paychex? Accountant? WC Auditor? Attorney - Accountant? Health Broker? Life Insurance Company? Dental Agent? Financial Advisor/TPA? Third Party Administrator? Claims Department? Claims Department? Claims Department? Called? I Called?? I Called??? I Called???? I Called????? With Compensation Solutions I now call one # 800-654-4234 8 Why CSI? Flexibility – CSI has developed a comprehensive suite of more than 100 HR services which can be customized to fit the specific needs and concerns of the Prospect. A true “one size does not fit all” approach. State of the Art Technology – CSI’s web-based platform provides a powerful, versatile and affordable Human Resource solution. Exceptional Client Service – CSI is known for its excellent response time and award winning service. 9 Why are Advisors referring their clients to Compensation Solutions? For the Client: Our Aggregation of Expertise and Buying Power are leveraged and passed on to clients. 99% of our clients are paying less for their healthcare with us than they were before. The average EEO1 Complaint costs over $15,000… Partnering with an HRO can drastically reduce settlements. The average small business owner spends from 3%-9% on HR (SBA)… The average CSI client spends under 2%. With an HRO, turnover is lower and retention is higher. 10 Why are Advisors referring their clients to Compensation Solutions? For the Advisor: Increased Customer Retention Setting yourself apart from other competitors Incentive Bonuses from CSI Up-front Bonuses On-going Payments Mentor Bonuses Quick-start Payments Spiff Programs 11 Compensation Solutions, Inc. Businesses That Are Good Candidates Companies with 15-500 employees Start-up companies Companies out of compliance with labor laws Companies without a full-time HR professional Companies that are in acquisition mode Second or third generation companies Companies looking for financing Companies overwhelmed by HR issues Well-run companies who want to GROW and outsource nonrevenue producing activities 12 Industries That Are Good Candidates Technology Firms Bio Tech Medical Equipment Sales Doctor Groups Accounting Firms Law Firms Architects Engineering Firms Consulting Firms Light Manufacturing Distribution Healthcare Orgs Assembly/Production Food Service Hotels Energy Groups Real Estate Firms 13