Elements PEO provides services concerning employment, HR and risk compliance, HRIS and payroll. The PEO provides a complete human resource and employee benefit package to the worksite employee, enabling the client company to focus on daily operations.
A Strategic Partnership
The PEO, worksite employee and client company relationship is referred to as a co-employment association. The PEO and client company have an employment connection with the employee, while the PEO and client company contractually allocate and share traditional employer responsibilities and liabilities. The PEO assumes responsibility for the “business of employment”, inclusive of risk management, human resources, employment law compliance, payroll and employee taxes.
WHAT SERVICES DOES ELEMENTS PEO DELIVER?
Access to benefits often previously unavailable including retirement savings plans, insurance benefits and flexible spending plans.
On-time and accurate payroll.
Professional assistance with employment related problems.
Statutory protection for more employees.
Access to current information on labor regulations and workers’ rights.
Efficient and responsive claims processing.
Professional human resources handbook defining worksite policies and procedures.
Employee discount programs such as low rates on travel and entertainment.
The PEO Assurance
Elements PEO provides worksite employees with coverage under the entire spectrum of employment laws and regulations, including: Federal, State and Local discrimination laws, Title VII of the 1964 Civil Rights Act, Age Discrimination in Employment Act, ADA, HIPAA, Equal Pay Act and COBRA.
In some cases, these laws would not apply to workers at small businesses without the PEO relationship, since many statutes have exemptions based upon the number of employees in a workforce.
Once included in Elements PEO’s workforce, a company’s workers are protected by these laws.
A temporary staffing service provides workers for its clients to meet temporary or longer-term staffing needs. A PEO provides employment services to help its clients with their existing workers and future hires.
Many types of businesses can benefit from a PEO relationship, but small businesses in particular find the most relief from working with a PEO. Increasingly, larger businesses are signing up, too. Companies come from a range of industries such as accounting firms and high-tech companies to manufacturers and government agencies.
Many PEOs provide exceptional employee benefits including health benefits, retirement savings plans and aggressive workplace risk management. Job security may be improved as the PEO’s economies of scale permit a business to lower employment costs. Job satisfaction and productivity increase when workers are provided quality human resource services.
U.S. Healthcare Administration
EMPLOYEE COMMUNICATIONS AND EDUCATION
It’s critical to offer the most affordable and comprehensive health plans that best fit the needs and lifestyle of employees and their families. Your Benefits Specialist will support your company with a programs to educate employees through open enrollment meetings, benefits booklets and statements, orientation programs and other proactive tools. In addition, Elements features an up-to-date library of health and wellness education materials that can be customized for your workforce.
MEMBER ADVOCACY AND PROBLEMS
Elements is known for its outstanding customer service, particularly as it relates to resolving benefits administration issues. Your Benefits Specialist can answer questions about coverage and claims; investigate and resolve enrollment and billing issues; and when necessary, assist with claims appeals. We are dedicated to your account and our Specialists are an extension of your own HR Department.
REFERENCE AND COMPLIANCE RESOURCE
Benefits structures and packages can be complicated, and the risk of falling out of compliance is significant. Elements keeps you safely in compliance, offering seminars, newsletters and client advisory services related to the Health Insurance Portability and Accountability Act of 1996 (HIPAA), the Consolidated Omnibus Budget Reconciliation Act (COBRA), the Family Medical Leave Act (FMLA) and other federal, state and local laws and regulations.
What is the Difference between EOR & PEO?
The relationship between a PEO, a client company and a worksite employee is a co-employment agreement in which both the PEO and client local registered entity are employers of record for the employee. Elements and the client company share traditional employer responsibilities and liabilities according to a contractual allocation.
For companies who look to EXPAND, ONBOARD, MANAGE & PAY employees quickly and easily, Elements acts as the Employer of Record (EOR), offering a unified HR Solution that includes services from client onboarding to payroll processing, and reduction of timelines. Elements would assume responsibility of the LEGAL employer while our clients retain FULL autonomy over hiring & termination, compensation, culture & benefits, plus complete control of their products & services, and strategic direction of their company’s expansion!
Professional Employer Organization
Must have registered entity in state
Must have USD bank account
Tax reporting maybe required under client state tax ID’s numbers
Employer of Record
No state registered entity required
We can bill in your currency of choice & support treasury management requirements