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Human Resource Outsourcing (HRO) Why It’s Good For Your Clients With 10 to 1000 Employees

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?

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Human Resource Outsourcing (HRO) Why It’s Good For Your Clients With 10 to 1000 Employees

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  1. Human Resource Outsourcing (HRO) Why It’s Good For Your Clients With 10 to 1000 Employees

  2. 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”?

  3. Compensation Solutions, Inc. Who Handles HR Now? • Office Manager • Outside Part Time HR Consultant • Payroll Company • Accountant / Attorney • Insurance Broker • You the Owner ???

  4. 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

  5. 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

  6. 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

  7. 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

  8. Before and With Compensation Solutions QUESTION WHO I CALLED Payroll Questions ADP/Paychex? FICA Taxes, W2’s, W4’s Accountant? Workers’ Comp Costs WC Auditor? Labor- Employment Questions Attorney - Accountant? Health Insurance Plan Health Broker? Life Insurance Rates Life Insurance Company? Dental Insurance Coverage Dental Agent? 401(k) Pension Plan Financial Advisor/TPA? Cafeteria Plans Third Party Administrator? Workers’ Comp Claims Claims Department? Health-Dental Claims Claims Department? Disability Claims Claims Department? Sexual Harassment Called? FMLA-COBRA-HIPAA-FLSA I Called?? Wrongful Discharge I Called??? Safety Compliance I Called???? Equal Opportunity I Called????? With Compensation Solutions I now call one # 800-654-4234

  9. 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.

  10. 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.

  11. 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

  12. Compensation Solutions, Inc. Businesses That Are Good Candidates • Companies out of compliance with labor laws • Companies that are in acquisition mode • Companies looking for financing • Well-run companies who want to GROW and outsource non-revenue producing activities • Companies with 15-500 employees • Start-up companies • Companies without a full-time HR professional • Second or third generation companies • Companies overwhelmed by HR issues

  13. 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 Industries That Are Good Candidates

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