Helping leaders and organizations fulfill their destiny

• TOPICS
• Overview
• PEO
  • PEO Services Overview
  • Four Core PEO Services
  • Benefits of PEO Services
  • What is a PEO?
• HR Consulting
• Frequently Asked Questions

 

 

What is a PEO?

• How PEOs Work?
• Understanding PEO Pricing - SUTA
• Co-employment

 

 

 

Co-employment

In a PEO arrangement, a co-employment relationship is created whereby you retain ownership of your company and control over your operations. As co-employers, we both contractually share or allocate employer responsibilities and liabilities. XMi Human Resource Solutions becomes the “employer of record.”

As a PEO, XMi Human Resource Solutions administers guidelines for employee relations practices that help you operate within the employment laws and guidelines as set forth by the various governing bodies:

• Internal Revenue Service (IRS);
• U.S. Department of Labor (DOL);
• U.S. Equal Employment Opportunity Commission (EEOC);
• Occupational Safety & Health Administration (OSHA);
• Employee Retirement Income Security Act (ERISA);
• Consolidated Omnibus Budget Reconciliation Act (COBRA);
• Health Insurance Portability & Accountability Act (HIPPA);
• Homeland Security Administration (HSA); and,
• Social Security Administration (SSA).

The main benefits of co-employment include: sharing the risk, administrative relief, improved benefits offerings, and access to human resource professionals.

Shared Risk – The PEO shares in the compliance aspect of the human resources function. It helps reduce the exposure and risk an employer bears.

• The PEO shares in the employment relationship and reports the employees’ wages under the PEO’s Federal Employer Identification Number (FEIN). The PEO also ensures accurate and timely processing of payroll and payroll taxes.
• The PEO shares in managing workers’ compensation costs by assisting you to improve workplace safety and properly managing claims.

Administrative Relief – XMi Human Resource Solutions performs the administrative employment functions of payroll, benefits, workers’ compensation and compliance while your company focuses on the operational and revenue producing side of your business.

Improved Benefits Offerings – As your PEO, XMi Human Resource Solutions provides your company access to quality, cost effective benefits options not readily available to most small to mid-sized businesses, including 401k retirement plans and healthcare benefits.

Access to Human Resource Professionals – As your PEO, XMi Human Resource Solutions provides resources for managing day-to-day employment issues. We also offer your company best practices and preventative programs in human resources to keep your employees productive and engaged while minimizing risk.