Your company now has more than 60 employees. The controller has been handling all of the HR functions including administration of the company’s benefits. The benefits package includes health, dental, 401(k) and other voluntary benefits. You are considering outsourcing the benefits administration function to enable the controller to focus more on the company’s accounting needs. The terms human resources outsourcing (HRO), administrative services organization (ASO), and professional employer organization (PEO) have been used in discussions of outsourcing employer HR benefit functions. Information to assist you in determining the type of services to best meet the company’s needs can be found at www.corbanone.com.
What are the differences between the services offered by an HRO, ASO, and PEO?