OCI-HR provides a host of tailored PEO, HR, Benefits and Payroll solutions for small and mid-sized businesses.
When you and your staff spend time managing administrative and other non-revenue generating activities, you reduce your ability to increase sales, collect revenues, and tend to the core functions of your business. OCI-HR’s suite of PEO and other HR solutions removes these unproductive activities from your day-to-day responsibilities, giving you the flexibility and freedom to grow your business.
We are an independent consultant that works for you, the client, as opposed to working for a specific company. We have access to almost every major vendor in the market, representing only PEO’s and ASO’s with proven track records to take the guesswork out of selecting your HR partner.
Professional employer organizations (PEO) (PEOs) provide comprehensive HR solutions for small businesses. Payroll, benefits, HR, tax administration, and regulatory compliance assistance are some of the many services PEOs provide to small and mid-sized businesses across the country.
By taking care of paperwork and providing regulatory compliance assistance, PEOs help businesses improve productivity, increase profitability, and focus on their core mission.
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.
According to a recent study by noted economists Laurie Bassi and Dan McMurrer, businesses that use PEOs grow 7 to 9 percent faster, have 10 to 14 percent lower employee turnover, and are 50 percent less likely to go out of business
Why use a PEO:
By providing payroll, benefits, and HR services and assisting with compliance issues under state and federal law, PEOs allow small businesses to improve productivity and profitability, to focus on their core mission, and to grow.
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.
- The average overall employee turnover rate in the United States is approximately 42 percent per year, but that figure drops 14% for companies that used PEOs for at least four quarters.
- Businesses that use PEOs are 50 percent less likely to permanently go out of business from one year to the next when compared to similar companies in the population as a whole.
- Since December 2004, employment at small businesses using PEOs has grown more than 7 percent faster than at small businesses overall.
- Improve cash flow and predictability in operating costs
- Outsource employer responsibilities and liabilities
- Save time on non-productive administrative functions
- Improved focus on bottom line activities
- Reduce vulnerability to key employee turnover
- Eliminate w.c. down payments and premium audits
- Create operating leverage
- Enhance perceived value of benefits
- Reduce internal accounting costs
- Provide professional compliance (e.g., payroll, HR, EEOC, IRCA, COBRA, FMLA)
Professional employer organizations (PEOs) provide comprehensive HR solutions for small businesses. Payroll, benefits, HR, tax administration, and regulatory compliance assistance are some of the many services PEOs provide to small and mid-sized businesses across the country.
By taking care of paperwork and providing regulatory compliance assistance, PEOs help businesses improve productivity, increase profitability, and focus on their core mission.
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.
According to a recent study by noted economists Laurie Bassi and Dan McMurrer, businesses that use PEOs grow 7 to 9 percent faster, have 10 to 14 percent lower employee turnover, and are 50 percent less likely to go out of business
Why use a PEO:
By providing payroll, benefits, and HR services and assisting with compliance issues under state and federal law, PEOs allow small businesses to improve productivity and profitability, to focus on their core mission, and to grow.
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.
The term “ASO” stands for Administrative Services Organization. The most important difference between an ASO and a PEO is that the service provided through an ASO does not establish a co-employer relationship with the employees. Much like a PEO, an ASO oversees the day-to-day administrative aspects of managing a company’s human resource functions.
While an ASO does not sponsor employee benefit programs or workers compensation coverage, the ASO is generally active in arranging coverage and assisting the client in securing coverage. The client company remains the sole sponsor when working with an ASO. Many companies find this preferable because they retain control and can still be very hands-on without having to handle mundane details on a daily basis.
An ASO will handle your company’s payroll and tax filing, the paperwork is filed under your federal employer’s identification number. An ASO can also offer assistance with legal questions on compliance although it remains the client company’s responsibility to act on these issues.
OCI-HR is an experienced premier consultant referral source that places businesses with the right tailored HR solution. We find resources for small and mid-sized businesses in the areas of payroll, employee benefits, compliance issues, and HR technology.
With over 20 years of experience in the HR industry, we have access to multiple PEO’s (Professional Employee Organizations) and ASO’s (Administrative Services Organizations) that will solve HR issues. Having access to multiple vendors gives our clients the options they need.
Giving our clients options set us apart from our competition in that we work for the client, as opposed to working for any specific PEO or ASO.
We have a large variety of businesses that we consult, including medical offices, home builders/construction, auto repair shops, technology, printing, farms, engineer groups, manufacturers, equipment suppliers, telecommunications, oil field industry, banks, restaurants, and property management.
Our goal is to provide the best cost productive resources with the best HR services possible. Simply: our clients to have increased profitability and productivity and decreased liability and labor cost. The businesses that we work with are able to reduce their liability, potentially save thousands of dollars per year, have peace of mind that they are in compliance, and proudly offer quality benefits to their employees.
HR needs can be complex and time consuming, yet successful businesses recognize that good HR solutions allow employee satisfaction to thrive. A satisfied employee workforce allows the business to thrive. OCI-HR desires to simplify HR needs for businesses so they can focus on the business of running their business.