Brand Standards Employer-Employee Relationship

Transcription

1

2 Brand Standards Employer-Employee Relationship The Regulatory Landscape governing small businesses today is currently going through an evolution affecting brands, nationwide. Governing bodies such as the NLRB, DOL, IRS & DHS can penalize employers operating in any state for non-compliance to federal regulations. By clearly distinguishing mutually exclusive definitions such as Brand Standard from the Employer-Employee Relationship, Owners can: Mitigate Employer Risk & Liability Properly focus resources on revenue growth

3 Employer-Employee Relationship: INFINITI HR provides a National Alliance Program for leading enterprises across the country. INFINITI HR is the leading Professional Employer Organization designed for Small Businesses. A Professional Employer Organization is NOT a payroll solution, processing data and liabilities under the FEIN of the worksite employer. A Professional Employer Organization is an HR Firm - a supplier that includes payroll solutions while shielding the client entity of employer liability. This is accomplished by outsourcing such regulatory responsibilities, employer data & liabilities to the FEIN of the Professional Employer Organization, (PEO.)

4 Liability *For illustrative purposes only. Sides are not communicating an affiliation with any agency of any kind nor is such slide a solicitation of any kind. The definition of liability illustrated in any slide refers to administrative responsibilities.

5 Evolving Regulations Taxes Employers continue to be liable for changes in federal and state regulations. Labor Management Labor costs can account for over 55% of total overhead on average. Federal and state regulatory changes can affect the fiscal strength of employers. Payroll processing is NOT a Human Resources or Liability Prevention Solution or Benefits Solution. Employers SHOULD seek the protection of a Professional Employer Organization.

6 Increase Return On Human Capital Minimize Insurance Premiums Grow Revenues COMPANY GOALS AND OBJECTIVES Mitigate Liability Minimize Risk PEO

7 Without INFINITI HR = INDIVIDUAL POLICIES EMPLOYER PAYROLL EMPLOYER INSURANCE HUMAN RESOURCES EMPLOYEE BENEFITS FICA FUTA SUTA Bases on company size, credit history, losses, etc. No economies of scale. Company s Employer Identification # (FEIN) Individual Underwriting Unpredictable & unstable. High labor cost, high risk. Low purchasing power. Employer Practices Handbooks Policies & Procedures No Certified HR Director No Professional HR, Risk Management or Recruitment Department Individual Underwriting Medical, Dental, Vision, LTD, STD, Life, 401(k), etc. Employer Liable Employer Liable Employer Liable Employer Liable *For illustrative purposes only. Sides are not communicating an affiliation with any agency of any kind nor is such slide a solicitation of any kind. The definition of liability illustrated in any slide refers to administrative responsibilities.

8 with = MASTER POLICIES EMPLOYER PAYROLL EMPLOYER INSURANCE HUMAN RESOURCES EMPLOYEE BENEFITS FICA FUTA SUTA TRUE-GROUP POOL (PEO FEIN) TRUE-GROUP Guaranteed Acceptance: Based on tens of thousands in national pool. No Individual Underwriting. High purchasing power. Economies of scale, lower risk, predictable and stable. Lower cost. MASTER POLICIES: WC, GL, EPLI Employer Practices Handbooks Policies & Procedures Certified SPHR Director Professional HR, Risk Management & Recruitment Department TRUE-GROUP Lower Risk Lower Cost MASTER POLICIES: Medical, Dental, Vision, LTD, STD, Life, 401(k), etc. PEO Liable PEO Liable PEO Liable PEO Liable *For illustrative purposes only. Sides are not communicating an affiliation with any agency of any kind nor is such slide a solicitation of any kind. The definition of liability illustrated in any slide refers to administrative responsibilities.

9

10

11

12

13

14

15 Real-Time Data Management Employee Payroll, HR & Benefits Records

16

17 ONE SOLUTION The economies of scale of large enterprises. ONE PACKAGE The competitive advantage of large enterprises. WITH PROTECTION Employer Liability Shield for units of any size & scope. Master Policy True-Group Pools Regulatory Compliance Specialists True-Group Benefits Specialists Risk & Safety Officers HR Directors

18