Resources
There is a lot to know when it comes to Human Resources and other fringe subjects
regarding your employees, payroll and training.
Expand your knowledge and look like a pro to your boss, employees or co-workers. Below you’ll find all sorts of information for you to digest.
If you have questions, we invite you to call or email us.
Perhaps your company has experienced a challange that one of our clients has faced. Read about these challanges and how Moresource has helped in our Case Studies. Or visit our Frequently Asked Questions to see what other companies are asking.
We also invite you to read more about the Moresource team, our experience and our expertise
Common Terms:
- HRO – Human Resource Outsourcing means utilizing an outside human
resource provider. - PEO – Professional Employer Organizations
enable clients to cost-effectively outsource the management of
human resources, employee benefits, payroll and workers’ compensation.
PEO clients can focus on their core competencies to maintain and grow their
bottom line.
Guidelines for Selecting a PEO
The National Association of Professional Employer Organizations offers
the following guidelines to companies considering a relationship with
a PEO:
- Assess your workplace to determine your human resource and risk management
needs. - Make sure the PEO is capable of meeting your goals. Meet the
people who will be serving you. - Ask for client and professional references.
- Check the firm’s financial background, and ask for banking and credit
references. Ask the PEO to demonstrate that payroll taxes and insurance
premiums have been paid. - Check to see if the company is a member of NAPEO, the national trade
association of the PEO industry. - Investigate the company’s administrative and risk management service
competence. What experience and depth does their internal staff have?
Do any of the senior staff have professional training or designations? - Understand how the employee benefits are funded. Is the PEO fully
insured or partially self-funded? Who is the third-party administrator
(TPA) or carrier? Is their TPA or carrier authorized to do business in
your state? - Understand how the employee benefits are tailored. Determine if they
fit the needs of your employees. - Review the service agreement carefully. Are the respective parties’
responsibilities and liabilities clearly laid out? What guarantees are
provided? What provisions permit you or the PEO to cancel the terms of
the contract? - Make sure the company you are considering meets all state requirements.
