Your SlideShare is downloading. ×
PEO: A Fit for You?
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×

Saving this for later?

Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime - even offline.

Text the download link to your phone

Standard text messaging rates apply

PEO: A Fit for You?

353
views

Published on

Published in: Business, Economy & Finance

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
353
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
4
Comments
0
Likes
0
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide
  • Set expectations – What we want to accomplish ~ Inform, Educate What this meeting is not – Sales shtick if it turns into that you have my permission to yell stop selling, start teaching
  • PEO Professional – Highlight years and experience with types Former P.C – liberty mutual W/C – aks if anyone is currently a w.c adjuster sympathaze with them Probably the most difficult job I have ever had. Discuss Education Talk about current topics
  • Peo Professional – Highlight years and experience with types Former P.C – liberty mutual W/C – aks if anyone is currently a w.c adjuster sympathaze with them Probably the most difficult job I have ever had. Discuss Education Talk about current topics
  • Peo Professional – Highlight years and experience with types Former P.C – liberty mutual W/C – aks if anyone is currently a w.c adjuster sympathaze with them Probably the most difficult job I have ever had. Discuss Education Talk about current topics
  • Peo Professional – Highlight years and experience with types Former P.C – liberty mutual W/C – ask if anyone is currently a w.c adjuster sympathize with them Probably the most difficult job I have ever had. Discuss Education Talk about current topics
  • Peo Professional – Highlight years and experience with types Former P.C – liberty mutual W/C – ask if anyone is currently a w.c adjuster sympathize with them Probably the most difficult job I have ever had. Discuss Education Talk about current topics
  • Peo Professional – Highlight years and experience with types Former P.C – liberty mutual W/C – aks if anyone is currently a w.c adjuster sympathaze with them Probably the most difficult job I have ever had. Discuss Education Talk about current topics
  • Peo Professional – Highlight years and experience with types Former P.C – liberty mutual W/C – aks if anyone is currently a w.c adjuster sympathaze with them Probably the most difficult job I have ever had. Discuss Education Talk about current topics
  • Peo Professional – Highlight years and experience with types Former P.C – liberty mutual W/C – aks if anyone is currently a w.c adjuster sympathaze with them Probably the most difficult job I have ever had. Discuss Education Talk about current topics
  • Ask them what are some questions that they may want to ask
  • PEO Professional – Highlight years and experience with types Former P.C – liberty mutual W/C – ask if anyone is currently a W/C adjuster sympathize with them Probably the most difficult job I have ever had. Discuss Education Talk about current topics
  • Peo Professional – Highlight years and experience with types Former P.C – liberty mutual W/C – aks if anyone is currently a w.c adjuster sympathaze with them Probably the most difficult job I have ever had. Discuss Education Talk about current topics
  • Peo Professional – Highlight years and experience with types Former P.C – liberty mutual W/C – aks if anyone is currently a w.c adjuster sympathaze with them Probably the most difficult job I have ever had. Discuss Education Talk about current topics
  • Peo Professional – Highlight years and experience with types Former P.C – liberty mutual W/C – aks if anyone is currently a w.c adjuster sympathaze with them Probably the most difficult job I have ever had. Discuss Education Talk about current topics
  • Ask them what are some questions that they may want to ask
  • Peo Professional – Highlight years and experience with types Former P.C – liberty mutual W/C – aks if anyone is currently a w.c adjuster sympathaze with them Probably the most difficult job I have ever had. Discuss Education Talk about current topics
  • Ask them what are some questions that they may want to ask
  • Ask them what are some questions that they may want to ask
  • Ask them what are some questions that they may want to ask
  • Ask them what are some questions that they may want to ask
  • Transcript

    • 1. PEO: A Fit for You? PEO: A Fit for You? Presented by: eESI Ken Barge
    • 2. Agenda
      • What is a PEO?
      • Interesting statistics!!
      • PEOs - Solution to business administration needs
      • Are all PEOs created the same?
      • PEO: A fit for you?
      • Even PEOs love Healthcare Reform
      • How do they get those cheap insurance rates?
      • PEOs focus on the future
      • Question - Is he finally finished?
      PEO: A Fit for You?
    • 3. Who Am I?
      • Professional Employer Organizations
      • Former Property and Casualty Agent
      • Current Life and Health Agent
      • Former Worker’s Compensation Adjuster
      • Bachelors HR Management
      • Masters HR Development
      • Teacher / Speaker / Internet Radio Show
      PEO: A Fit for You?
    • 4. What is a PEO?
      • P rofessional E mployer O rganizations
      • Enable clients to cost-effectively outsource
        • Management of human resources
        • Worker’s compensation / Risk management
        • Employee benefits
        • Payroll administration
      • Clients focus on their core competencies
        • Drive innovation, productivity and profits
      PEO: A Fit for You?
    • 5. PEO: A Fit for You?
      • What is a PEO?
      • Co-Employment
      • Contractual Agreement (CSA)
      • Sharing of Employment Responsibilities:
        • Between PEO / Client / Employee
        • Employer of Record
        • Grouping of these employment responsibilities
          • Administration, Efficiencies and Innovation
    • 6. PEO: A Fit for You?
    • 7. What is a PEO?
      • License requirements established by each state
      • Regulated by the Department of Insurance
      • SUI Account
        • Utilization of PEO experience modifier
          • Some states do require client modifier
      • Worker’s Compensation
        • Non – Monopolistic State
          • Private insurers
          • Self-insurance allowed
          • Texas is the “Lone Star” state; allows opting out of the system
      PEO: A Fit for You?
    • 8. What is a PEO?
      • Relatively new industry ~ 30 years
      • Over 700 PEOs
      • 78 Billion dollars in revenue
      • 40 Accredited through ESAC
      • Average client size ~ 19 employees
      • Average wages $34,000
      • 2-3 million employed under a PEO relationship
      PEO: A Fit for You?
    • 9. PEO: A Fit for You?
    • 10. PEO: A Fit for You?
    • 11. PEO: A Fit for You?
    • 12. PEO: A Fit for You? PEOs – Solutions to Business Administration Needs
    • 13. PEOs - Solutions to Business Administration Needs
      • HR infrastructure and technologies
      • Mitigate employment risk
        • Sharing of most employment liabilities
      • Compliance of regulations and future challenges
      • Bundle of products and services
        • Increase profitability
      • Ultimately reducing cost and focusing on your business
        • Maximize productivity
      • What have we failed to say?
      • Enhance benefit offerings
      PEO: A Fit for You?
    • 14. PEO: A Fit for You? Are All PEOs Created the Same?
    • 15. Are All PEOs Created the Same?
      • All-Inclusive vs Carve out
      • National vs Regional
      • Accredited vs Non-Accredited
      • Licensed vs Non-Licensed
      • Large vs Small
      • How do they manage risk?
      PEO: A Fit for You?
    • 16. PEO: A Fit for You?
      • Leadership and Culture
        • Disney Michael Eisner vs Robert Iger
        • Smaller vs Larger agencies
      • Insurance agents and brokerage firms
        • Partnering with PEO opportunities
          • Larger regional insurance companies
            • Partnering with PEOs
            • Buying PEOs
          • Why? Because it extends products and services within their business model and adds value to current relationships
      PEO: A Fit for You?
    • 17. PEO: A Fit for You?
      • Questions
      • Whose client is it?
      • Will I lose control?
      • Is there revenue sharing?
      • Can I keep my current benefits?
      • Who holds the AOR?
      • Who services the account?
      • Is the PEO accredited?
      • What are the competitive advantages of your PEO?
      PEO: A Fit for You?
    • 18. PEO: A Fit for You? Even PEOs Love Health Care Reform
    • 19. Even PEOs Love Health Care Reform
      • Impact on PEOs
      • How are they complying with the Act?
        • Small business tax credits
        • Grandfathered plans
        • Altered plans to comply with current regulations
      • Questions
        • Management carve outs
        • Individual mandates
        • Exchanges
        • Pre – Existing Conditions
        • W-2 Reporting
        • MLR
      PEO: A Fit for You?
    • 20. How Do They Get Those Cheap Insurance Rates?
      • Multi-employer plans
        • Spread the risk
        • Underwriting guidelines
        • Design own plans
        • Uncertain how Healthcare Reform will impact
      • Consumer driven health plans
      • HRA/HSA/ GAP products/
      • Supplemental insurance
      • Strategic alliances with brokers
      PEO: A Fit for You?
    • 21. PEOs Focus on the Future
      • Change
      • Focus on service and strategy
      • Growth and increase in competition
      • Mergers and acquisitions
      • Growth in PEO market share
      PEO: A Fit for You?
    • 22. PEO: A Fit for You?
      • Web: www.eesipeo.com/peopletalk_eevents
      • Facebook: www.facebook.com/eEmployersSolutions
      • LinkedIn: www.linkedin.com/company/eesi
      • Twitter: @eESI_Talk
      • Ken Barge: [email_address]
      • Thank you to HAHU members and guests for the opportunity to participate at the July Luncheon.