31 Dec Should you be Outsourcing Your HR?
According to Forbes, an estimated 50% of large companies outsource all or some of their HR services. SMBs are following the lead of larger companies and have recognized that Human Resource Outsourcing (HRO) is efficient and cost-effective.
Help for Human Resources
Companies need to handle a lot of administration unrelated to their core business. From managing payroll, legal compliance, benefits, workers’ compensation, recruiting, and so much more.
The ASO Advantage
With Administrative Services Only (ASO) model, Soteria HR contracts with your company to provide administrative human resources services. Outsourcing HR services provides you with freedom from routine work while simultaneously ensuring that your employees are taken care of. You can pick and choose from an a la carte menu of HR services to meet your specific needs.
Sample of services include:
- Employee Handbooks
- Workers Compensation administration
- PTO Accrual tracking
- Payroll Tax Reporting
- Background Checks
- Drug Screenings
- Time & Attendance Tracking
- and more
The Particulars and PEO
Many people compare the ASO and PEO models in human resources because both options offer you the opportunity to outsource HR administration. However, ASO and PEO are very different.
A PEO is a professional employer organization. When you contract with a PEO, you enter into a joint-employment relationship with the PEO. Your workers are employees of the PEO, and you report their wages under the PEO’s federal employer tax identification number (FEIN).
Working with Soteria’s ASO services offers a number of advantages over a PEO relationship including:
- More control over decisions that affect your employees
- More flexibility with decisions
- Focused HR based on your company-specific needs
- HRIS (HR information system) specific to your employee’s needs
- Dedicated HR team
- Dedicated Payroll Specialist
The Right Model
At Soteria HR we offer both ASO and traditional HR consulting services. Our expert team can help you evaluate your business needs and recommend services that best suit your company and budget.
Our goal is to offer superior services which allow you to rest easy knowing experienced professionals have the advice necessary to help your company run more smoothly.