1. 630-607-7203
www.iamscottnash.com
PEO Services & Company Culture
Jessica Jewell
Individuals in professional and business services who were reported on seasonally
adjust payrolls increased from 17,012 in October 2011 to 17,365 in November
2011.
Additionally, employment in professional and business services continued on a
positive trend in November (+33,000) according to the Bureau of Labor Statistics.
People are not staying in the same job as generations have in the past. With a turnover
rate of about three years, the importance of an individual’s skills and expertise are more
valued than longevity at a company. By 2020, it is estimated that flexible workers will
account for nearly 25% of the U.S. workforce. It’s because of this phenomenon, that it
is even more crucial for employers to look to PEO service professionals for HR
assistance.
PEO Services
A thought leader, Scott Nash speaks on outsourcing HR to a PEO (Professional
Employer Organization). His expertise provides employers with an opportunity to meet
control costs and meet specific businesses objectives. Whether it’s a need to control
benefits and risk management costs, or support the administrative requirements of a
growing company he can help. Nash, in association with SmartSource Inc. coordinates
HR Outsourcing and PEO services for businesses across the United States, representing
a wide spectrum of sizes and industries.
A professional employer organization (PEO) one-stop-shop provider of integrated
services, enabling business owners to economically outsource HR management
December 21, 2011
2. services like; payroll, human resources, employee benefits, and workers’ compensation.
PEOs also provide other HR services, such as; recruiting, risk & safety management
and training.
As of 2010, there were more than 700 PEOs operating in the United States, covering 2-
3 million workers.
Once a client elects Nash for their PEO services he has a multitude of resources to draw
upon to fulfill their individual needs.
Search internal database containing over 250,000 resumes, to find the best
match for a company’s needs
Leverage established referral network enacted since 1996
Posts the position on Monster, Careerbuilder, Dice and other services
(saving the client over $1000 in job posting fees)
Conducts phone screens and face-to-face interviews, further qualifying
candidates
Provides resumes of the top three candidates that passed his screening
process
Help schedule interviews
Upon an offer, Nash provides a complementary background check, drug test and
certification verification.
HR Administration
Today's regulatory environment carries more risks for employers than ever before.
Keeping up with the growing number of employee-related laws, rules and regulations
can be a challenge. Nash not only can provide a client with the support they need to
navigate the employment law landscape; but also provide additional Human Resources
(HR) support.
Payroll Processing
A PEO is capable of completely handling payroll needs, letting the client focus on their
business operations. Utilizing a PEO, the company enjoys the advantages of a payroll
service; in addition to the cost advantage and time savings of the PEO-- employee
benefits, risk management and Human Resources administration. For example, in
December 21, 2011
3. 2010, SmartSource issued nearly 5,000 W2s to employees throughout the USA and
Canada, helping scores of companies with their HR processes.
By quickly transferring employees recruited by clients to our payroll they can respond
immediately to heightened productivity demands without maintaining unnecessary
personnel through business downturns.
Nash’s clients retain full control and supervision of employees while he assumes total
responsibility for the payroll.
Nash is capable of pay rolling a single individual, or an entire department and provides
pay rolling services including:
• Payroll funding
• Payroll and W-2 preparation
• Employer of record status
• Payment of workers’ compensation and unemployment taxes
• Handle workers’ compensation and unemployment claims
• Payment, processing and reporting of all mandatory payroll taxes
• Provide alternative benefits options
Risk Management & Workers' Compensation Insurance
The combined cost and the risk of not carrying workers' compensation insurance can be
significant for most employers. Nash saves businesses across the U.S. thousands each
year on workers' compensation premiums and helps make work places safer by
matching the needs of a group with the right PEO.
Employee Benefits
Quality benefits such as health insurance are inaccessible for many businesses due to;
rising costs, plan requirements and administrative burdens. A PEO assists a company
lower and control benefit costs. Nash and SmartSource offer several plans through
Blue Cross and 401k services using ADP. All plans are fully customizable based on
every client’s unique requirements.
Recruiting Services
SmartSource is a technical resource company that provides its customers with solutions
to a wide variety of technical staffing situations. Through SmartSource, you can access
a highly qualified and diversified pool of information technology resources at national
level.
Designing a plan
December 21, 2011
4. With decades of experience, Nash works with his clients to design a custom PEO plan,
ensuring employee retention. In addition, Nash helps evaluate clients’ IT staff to
determine if salaries are in line with current market rates.
Plan Pricing
Rates are based on a cost plus model, ranging from 10 percent to 20 percent. Factors
contributing to determining rates include; employee salary, payroll taxes, vacation time
and health benefits.
Implementation
Integration of Nash’s services for a client is straightforward and simple. Once the
agreed PEO services are agreed upon between Nash and the employer, the company
announces the change to it’s employees and distributes the new materials, welcoming
new additions on board.
Many clients mix-and -match Nash’s service offerings and have the opportunity to opt
for a strategic model to recruit and payroll staff. References available upon request.
Importance of a Thriving Company Culture
The importance of company culture is key for any group. It’s integral to provide a set
of ethics and a welcoming work environment to solidify a company’s position in the
marketplace. It enables retention, productivity and positive PR coverage. Organizations
with an adaptive company culture that is aligned to their business goals routinely
outperform their competitors. Needless to say, company culture can make or break a
company.
Below are key components of a sound company culture:
Employee commitment
Empowered employees
High-integrity workplace
Strong trust relationships
Highly-effective leadership
Effective systems and processes
Performance-based compensation and reward programs
December 21, 2011
5. Customer-focused
Effective multi-lateral communications
Commitment to learning and skill development
Emphasis on recruiting and retaining outstanding employees
High degree of adaptability
High accountability standards
Demonstrated support for innovation
Scott Nash, a consultant and associate of SmartSource, a technical staffing company,
provides insights for clients on improving their company culture. With a thriving,
healthy company with skilled, ethical and committed employees, further strength and
success is inevitable.
For more information surrounding company culture consulting services or PEO
services, contact Scott Nash at (630)-607-7203
December 21, 2011