A Professional Employer Organization (PEO) provides administration services as they relate to an employer's responsibilities regarding its employees. PEO's handle:
Payroll; Taxes; Workers' compensation insurance; Employee benefits management; All aspects of human resources.
Administrative Services Organization (ASO) can best be described as a truly outsourced Payroll and HR department for your business that utilizes your company's tax ID numbers unlike with the PEO services which utilizes Optimum Outsourcing tax ID numbers in most cases.
Outsourcing to a PEO provides a variety of benefits, from cost savings to access to specialized expertise on taxes, payroll, workers' compensation and more. Outsourcing can enable you to focus on your business and free up your time and resources. We do what we do best. You do what you do best. It's partnership at its finest.
Co-employment is a relationship between Optimum Outsourcing and a client, in which Optimum Outsourcing is responsible for handling the requirements of the IRS, Social Security, Unemployment, and more. Optimum Outsourcing becomes the employer of record as it relates to W-2's, payroll checks, and work with compliance and regulatory matters.
Each client company maintains control of the employees. It is still the responsibility of the client to hire, direct and guide employees on a daily basis.
Optimum Outsourcing does not have the desire or background to make the hiring decisions for your company. You obviously understand the needs of your business better than Optimum. So, you will decide who you are interested in hiring, promoting or terminating...sometimes with our assistance. For example, if you think you are on solid ground to terminate someone, but would like to discuss the circumstances with knowledgeable human resources professional, that's where we come in. We can help you decide the best course of action.
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