Professional Employer Organization (PEO)

What Is A PEO?

A Professional Employer Organization (PEO) provides comprehensive HR solutions for small and mid-size businesses. Payroll, Benefits, HR Compliance, tax administration, and regulatory compliance assistance are some of the many services PEOs provide to growing businesses across the country. Small businesses that work with a PEO typically grow 7-9% faster, have employee turnover that is 10-14% lower, and are 50% less likely to go out of business. The return on investment of using a PEO, in costs savings alone, is 27.3%.
ElevationHR - Professional Employer Organization
Professional Employer Organization (PEO)

Through a PEO, the employees of small businesses gain access to big-business employee benefits such as: 401(k) plans; health, dental, life, and other insurance; dependent care; and other benefits they might not typically receive as employees of a small company. There are 173,000 small and mid-sized businesses, employing 4M people utilizing PEO services. This represents 15% of all employers with 10-99 employees.

What differentiates ElevationHR is one of the only MB&E certified PEOs in the country. Along with our superior customer success service model and our ability to manage down costs, our minority ownership enables our customers to capture valuable supplier diversity spend requirements which on an increasing frequency are being required by government entities and socially conscious companies. Our secret is that the entire payroll spend, including pay, benefits, taxes and admin fees count towards the diversity spend.
*- source NAPEO

Below are the solutions ElevationHR can provide via its PEO strategy:

Payroll & Tax Administration

  • Gross to net preparation and distribution of payroll checks and/or direct deposits Reporting, withholding and remittance of employer related payroll taxes
  • Garnishment & Employee Deduction Processing
  • Customized Payroll Reporting
  • Certified Payroll Processing
  • Allocation of Payroll dollars by Location, Job, Department, etc.
  • Time & Labor Management
  • New Hire Reporting
  • Processing and distribution of year-end W-2’s

Benefits Administration

  • Provision of Health Insurance
  • 401(k) Plan
  • Dental & Vision Insurance
  • LTD, STD Insurance
  • Employee Wellness Program
  • Employee Assistance Program (WAP)
  • Reconciliation of Carrier Invoices and Payment Remittance
  • Handling of Employee Questions regarding Coverages and Claims
  • Online & Onsite Enrollment Assistance
  • Addition & Deletion of Employees in Carrier Systems
  • COBRA Administration
  • ACA Compliance

HR Support

  • HR Consulting and Compliance
  • Human Capital Management
  • Employee Handbooks
  • Performance Management
  • HR Online Training
  • Web based Payroll reporting
  • Employee & Manager Self-Service Portal
  • Online Onboarding & Offboarding of Employees
  • GL and Accounting Integration
  • Unemployment Insurance Claims Administration

Employer Liability & Risk Management

  • Employee Relations
  • Liability Management Training
  • Employment Practices Liability Insurance (EPLI)
  • Mediation /Arbitration
  • Substance Abuse Prevention
  • Termination Assistance
  • Ethics Hotline
  • Employee Handbook
  • Developing HR Policies & Procedures

Workers Compensation & Safety

  • Employee Safety Manual Development 401(k) Plan
  • Online & Onsite Safety Inspections
  • OSHA Compliance
  • First Report of Injury Reporting
  • Return to Work Programs
  • Risk Assessment Analyses
  • Workers’ Compensation Insurance

Talent Acquisition

  • AI Driven TechStack
  • Automated Social Sourcing
  • Competency Based Hiring Process
  • Automated Interview Scheduling
  • Enhanced Selection Process
  • Increased Brand Impact
  • Reduced Time-To-Fill
  • Regression Analysis on Revenue, EBIT/DA or other company metrics

Talent Management

  • Onboarding & Engagement
  • Employee Development
  • Performance Management
  • Competency Management
  • Succession Planning
  • Compliance Training
  • Customer Facing Training
  • Leadership Development
  • Workforce Planning

Government Contract Services

  • Americans with Disabilities Act
  • Age Discrimination in Employment Act
  • Title VII, Civil Rights Act of 1964
  • Pregnancy Discrimination Act
  • Uniformed Services Employment and Reemployment Rights Act (USERRA)
  • Code of Business Ethics and Conduct
  • Family and Medical Leave Act (FMLA)
  • Genetic Information Non-Discrimination Act (GINA)
  • Drug Free Workplace Act
  • Fair Labor Standards Act (FLSA)
  • Claims & Audits with Federal and State Civil Rights Agencies
  • Equal Employment Opportunity Commission