What is a Professional Employer Organization (PEO)?
A Professional Employer Organization (PEO) handles
employee administrative functions on an “outsourced”
basis for your business. These functions include
payroll, benefits administration, human resources,
workers’ compensation and risk management. The “Concept”
is simple. You enter into a “Co-Employer” relationship.
You remain the “Business Employer.” You retain the right
to hire, terminate, supervise, direct and set policies
for your employees. You maintain care, custody and
control of your workforce. OneSource as the PEO becomes
the “Administrative Employer” or W-2 Statutory Employer
of Record. The “Co-Employer” relationship enables you to
focus on your core business and outsource the
non-revenue employee administrative details to OneSource
saving you both time and money!
What is the
ASO Concept?
OneSource understands that the PEO option may not be
the solution for every business. An alternative to the
PEO model is the “Administrative Services Organization”
or ASO option. An ASO (also commonly referred to as
“Business Process Outsourcing”) provides employee
administration without the “Co-Employer” relationship.
OneSource has several years of experience administering
ASO accounts. The services available in the PEO model
are also available in the ASO model. The difference is
you retain your own statutory employer status. Whether
your business selects the PEO or ASO option you will be
able to consolidate, simplify,
and stabilize your employee administrative
functions
and costs with OneSource!
