PEO and ASO: What’s the Difference for Your Temporary Staffing Business?
Is a professional employer organization (PEO) or an administrative services administration (ASO) a better fit for your temporary staffing business? To decide on the right choice for your business, it’s important to know some key differences between an ASO and a PEO.
PEOs and ASOs are both outsourcing models that allow business owners to receive extra support on tasks like payroll and HR. Both can also help you find Workers’ Compensation coverage for your business, as they have the ability to draw from a wide network of carriers to find the best, most affordable fit for your business.
However, the biggest difference is how PEOs and ASOs handle their employment relationships. If you partner with a PEO, the PEO will become the co-employer of your employees. This means they can fully take on responsibilities like payroll processing, Workers’ Compensation, and benefits administration. You’ll retain day-to-day control of your temporary staffing business and your employees, but the PEO will share employment responsibilities.
On the other hand, if you partner with an ASO, you will keep full employer responsibility. An ASO will assist with many of the same tasks as a PEO, including HR assistance, but will not act as a co-employer of your business.
At Work Comp Business Insurance Solutions, we understand that different businesses have different needs. This is why we offer both ASO and PEO options for temporary staffing businesses. With our full PEO product, you can find assistance on tasks like Workers’ Compensation, HR, payroll processing, EPLI coverage, risk management, and loss control. If you’re not ready to commit to a PEO or prefer the set-up of an ASO, we also have a Workers’ Compensation and Payroll product. With this product, you’ll receive assistance on Workers’ Compensation, HR support, risk management, and loss control.
Whatever your needs, we’re ready to act as your partner at every step of the way!
At Work Comp Business Insurance Solutions, we help temporary staffing business owners find the best Workers’ Compensation and payroll solutions.
