The administration of payroll and the associated regulatory and tax reporting are no longer simple tasks. Record-keeping requirements, Wage and Hour compliance, regulatory reporting, and state, federal and local tax compliance are fraught with hidden and costly accounting responsibilities and risks. In short, it’s a business process that drains considerable resources, exposes your company and its board of directors to corporate and persWithout any doubt, you've noticed the changing needs of your clients. Business owners today seek an integrated approach to the services they receive from their agency partner; and ignoring this trend may provide an opening for others to intrude upon the relationships you’ve worked so hard to maintain.
ADP and Paychex now own insurance agencies; and are actively marketing P&C and Health products in every market in the country. Last year alone, they wrote 35,000 workers’ compensation policies! With that, if your customers outsource their payroll function; chances are they are being solicited to consider a move away from you.
One Star Agents is here to help.
Packaged in a convenient, easy-to-navigate platform in the cloud, and accessible any-time, via any-device - One Star Agents gives you everything you need to compete directly with ADP & Paychex; and deliver industry-leading payroll, human resources and more to your clients.
Although your clients can choose which model (and related services) make the most sense for them - the following table compares the primary differences between our PEO (co-employment) and ASO (traditional employment) options:
Employer or Record Status
Acts as Employer of Record. Employer taxes reported and deposited under PEO’s FEIN & State ID (where applicable)
Client acts as Employer or Record. Employer taxes reported and deposited by ASO under the client’s FEIN & State ID.
HR & Compliance
Majority of HR & Regulatory Compliance services are included.
HR services offered either "a la carte" or included in pricing.
Workers’ Compensation Ins.
Coverage provided under PEO's master policy on a pay-as-you-go basis, or can be sourced by your agency.
Coverage provided under client policy sourced by your agency.
Safety & Risk Management
Safety programs and compliance provided by PEO and included in service fees.
Safety programs/compliance are provided on an “al la carte” basis.
Coverage offered under PEO’s master policies as available or can be sourced by your agency.
Coverage provided by policies sourced by your agency.
PEO is responsible for compliance, administration, testing, etc, on all PEO sponsored plans and any agreed upon plans sourced by your agency.
ASO is typically responsible for compliance, administration, testing, etc. on all client sponsored plans.
The Official PEO & ASO Solution Provider of The Texas Alliance of Energy Producers.