An employee has requested an advance on his pay, but we haven’t done this before and we’re hesitant to start the practice. What do you recommend? Answer from Kara, one of our HR Pros: ... read more
Managing your business processes is a complicated task. Hiring and developing the knowledge and expertise required to manage these tasks on a day to day basis can be costly, difficult, and will likely keep you from focusing on what you do best, running and growing your business.
Bundled services offered by Solid Business Solutions gives our clients the ability to outsource a combination of business processes and employer related responsibilities freeing up more time to focus on running and growing their business.
Our PEO Solution and ASO Solution both enable employers to cost-effectively outsource administration of payroll, human resources, employee benefits, and workers' compensation to us as a single point of contact to manage employer related risks and responsibilities. Unlike traditional methods of working with multiple vendors, including payroll companies, insurance brokers, CPA's, HR advisors, etc. we provide a bundled solution to help manage these business processes more effectively.
ASO Solution vs. PEO Solution - Which one is right for your business?
The Professional Employer Organization (PEO) solution and Administrative Services Organization (ASO) solution both enable employers to cost-effectively outsource the administration of payroll, human resources, employee benefits, and workers' compensation. The PEO Solution creates a co-employment relationship, whereas Solid Business Solutions as your PEO assumes some responsibilities related to employer risks and responsibilities. In comparison, the ASO Solution provides the same level of dedicated support to manage these responsibilities on your behalf but does so without creating a co-employment relationship.
|ASO vs. PEO Comparison||PEO Solution||ASO Solution|
|Who is the employer of record?||Co-employment relationship between client and PEO. PEO is employer of record||Client - traditional employer-employee relationship|
|Who is liable for payroll taxes?||Employer and employee taxes reported and deposited under the PEO’s FEIN||Employer and employee taxes reported and deposited under the Client’s FEIN by ASO|
|Which state unemployment tax (SUTA) rate is used?||PEO's SUTA rate dependent upon state||Client's SUTA rate|
|Who manages unemployment claims?||PEO manages unemployment claims||Client or ASO - could be additional cost|
|Who is responsible for workers' compensation coverage?||Coverage provided under PEO’s master policy||Coverage provided by client's own policy or can be obtained through ASO|
|Who is responsible for risk and safety management?||Claims management and safety programs compliance administered by PEO||Claims management and safety compliance provided by ASO or W/C carrier - could be additional cost|
|Who is responsible for employee benefits?||Coverage can be offered under PEO master policy or client may choose to use own policy||Coverage obtained by client or obtained and administered through ASO|
|Who is responsible for human resources?||Human resource responsibilities managed by PEO||Human resource responsibilities managed by ASO as part of service agreement|
|Who is responsible for regulatory compliance?||PEO manages responsibilities related to regulatory compliance||Regulatory compliance managed by ASO as part of service agreement|
Why Solid Business Solutions?
Whether you choose our ASO Solution or PEO solution the skilled and talented staff at Solid Business Solutions is committed to providing your business with a level of service and support which consistently exceeds our clients' expectations.
To learn more about Solid Business Solutions and our "ASO Solution" or "PEO Solution" for your business or to speak with a representative, contact us today at (888) 762-2075 or schedule a free consultation above.