administaff
DESCRIPTION
How Administaff helps business owners sleep sound at night!TRANSCRIPT
Administaff Overview
49 offices serving approximately 6,500 client companies with more than 108,000 employees nationwide
Listed as one of Fortune’s “America’s Most Admired Companies” for the last four years
• Business Premise: To enable Entrepreneurs and small business owners to gain key advantages in the vital area of Human Capital.
Founded in 1985 – today a $2 billion company
Publicly traded on the New York Stock Exchange (symbol:
ASF)
Revenue
Generation
Expense
Control
Net Profit
Protection
Performance Management
Recruiting
& Selection
Training & Development
Benefits
Management
Employment
Administration
Owner
Support
Employer
Liability ManagementGovernment Compliance
The Personnel Management System
SM
What Administaff Does:
Comprehensive HR Support for Small Business
Common Law
Employer
Employment
RelationshipHuman Resources Management
Payroll Taxes
Workers' Compensation
Government Compliance
Employee Benefits
W-2 Employees
Grow BusinessManage Change
Align PeopleManage Business
Traditional Employer/Employee Relationship
Employer Liability Management
Training and Development
Employment Administration
Recruiting & Selection
CO-EMPLOYERS
Employment
Relationship
Administaff
•Human Resources Management
•Recruiting and Selection
•Payroll
Administration
•Payroll Taxes
•Employee Benefits
•Workers’
Compensation
•Employer Liability
Management
•Government Compliance
•Training and Development
• Manage Business
• Grow Business
• Manage Change
• Align People
• FOCUS
CCP
Employees
Employment
Relationship
Co-Employment Relationship
with Administaff
Employees
Administaff
CCP
Employer-of-Record
Relationship
Common Law Employer
Relationship
Client Service Agreement
PEO Model: Co-Employment Relationship
How The Model Works:
A Better HR Department
Fortune 500 Company Structure
.
Measuring the Impact to Your Business
Improved Use of TimeThey can apply their resources to what they do best, which drives profitability.They can concentrate more fully on core tasks.
Access to ExpertiseThey can leverage the combined knowledge of all of our professionals. Even a full-time employee will never have the same savvy as an experienced, specialized human capital team.
Technology LeverageThey benefit from our up-to-date information, equipment, & technology.They can focus their money on remaining technologically competitive within their core business.
Economies of ScaleThey gain programs that may not be economically feasible for a smaller group of employees.We are able to spread fixed administrative expenses across a very wide base of people.
Operational EfficiencySpecialized experts already possesses the knowledge, skills, contacts, and resources.All the pieces are already designed to work together properly from the very beginning.
Financial Stability Small companies need to be able to react instantly to enhance their business.We enable such flexibility by decreasing fixed overhead expenses that would otherwise be necessary.
Impact on Your Business
•Find and retain the best possible employees
•Reduce headaches & time-commitment
•Professional, proactive applicant screening process gives company world-class reputation
Services
•Job Descriptions
•Job Design
•Salary Planning & Administration
•Interview Process Development & Training
•Talent Network
•Recruitment Advertising
•Resume Review, Background Checks
•Interviewing, Pre-Employment Testing
•Behavioral Profiling
•Outplacement
Recruiting and Selection:
Better People
“The Small Business Administration estimates
that hiring the wrong person costs as much as
2x that person’s annual salary.”
Impact on Your Business
•Align employees with your company goals and maximize their performance.
•Increased Employee Job Satisfaction
•Increased Productivity
Services
•Performance Measurement Standards Development
•Performance Review Policy Development
•Compensation and Incentive Plan Design
•Employee Relations Coaching for Supervisors
•Conflict Resolution Training
•Progressive Discipline & Termination Coaching
•Climate Surveys that Reveal Opportunities & Issues
Performance Management:
Better Motivation
“How do you raise the bar when research
reveals that 50% of employees are willing to
give only enough effort to keep their jobs?”
Impact on Your Business
•Increase Your Employees’ Productivity
•Increase Your Employees’ Job Satisfaction.
•Reduce Costly Turnover
Services
•Needs Analysis to Identify Areas for Organizational
Performance Improvement
•Curriculum Development for Professional and
Personal Growth
•Instructor-Led Training On-site or Off-site
•Unlimited Access to Online Courses for Around-the-Clock Learning Opportunities
•Certified Provider of Continuing Education Credits
•Develop Current & Future Leaders
•Build a Culture of Innovation and Education That’s Tied to Performance Appraisals.
Training & Development:
Better Skills
“The Council on Competitiveness found that a 10
percent increase in training and education has a more
positive impact on productivity than a 10 percent
increase in work hours.”
Instructor-Led Training Courses Leadership/Management
Development • Essentials of Leadership• Retaining Talent• Developing Others• Setting Performance Expectations• Coaching for Success • Coaching for Improvement • Managing Performance Problems• Leading Change• Influential Leadership• Building an Environment of Trust• Coaching: Developing High
Performance• Vision, Values and Mission
Statement• Getting Started as a New Leader• Leadership: Inspiring Commitment
(2-day seminar)
Customer Service• Service Plus• Service Plus Health Care• Creating a Customer Service Culture
Personal Effectiveness• Interaction Skills for Success• Feedback Fundamentals• Communicating and Listening• Influencing Others• Building Trust• Working through Conflict• Adapting to Change• Personal Empowerment: Taking
Initiative• Discovering Individual Styles of
Communication• Priority Management• Basic Telephone Skills
Business & Group Effectiveness• Making Effective Decisions• Making Meetings Work• Partnerships for Improvement • Taking Action to Solve Problems• Leading High-Performance Teams • Fast Start for Teams
Impact on Your Business
•Improve Business Focus by Eliminating Regularly Scheduled Business Interruptions.
•Ensure you are the leader of a company and not just an employee of yourself.
Services
•Payroll Processing, Payroll Tax Filing
•Garnishments
•Quarterly Reports, W-2s, W-4s
•Fully Integrated Benefits Administration
•Fully Integrated Time & Attendance Tracking
•Employment Verification
•Customizable Payroll Management Reports
•Job Costing Reports
•Direct Deposit, Debit Cards, E-Pay Stubs
•Web-based Self-service Available to All Employees
Employment Administration:
Better Focus
“The Small Business Administration revealed
that business owners regularly spend up to
40% of their time performing non-strategic
tasks related to employment of their
people.”
Impact on Your Business
•Fortune 500 Company Benefits Package
•Long-term Cost Containment
•Reduced Turnover & Increased Job Satisfaction
•Increased Ability to Compete for Top Talent.
•More Employee Choices & Less Guess-work
•No More Auditing – Fully Integrated with Payroll
Services
•Comprehensive Health, Vision, Dental & FSA Plans
•Life Insurance, Personal Accident Insurance
•Short and Long-Term Disability
•401(k) Plan, Credit Union, 529 College Savings Plan
•Educational Assistance, Adoption Assistance, EAP
•Identity Theft Protection, Commuter Benefits
•Optional Additional Life, Disability & Accident Insurance
Benefits Management:
Better Choices
“According to the Wyoming Department of
Employment, Research & Planning, benefits
can reduce turnover by up to 35%.”
The Growing Burden
of Employment Regulation
New Regulations Since 1900
By 1940
NLRA
FLSA
FICA
RLA
IRC
State Laws
Case Law
Common Law
By 1980
FDA
MSHA
ERISA
ADEA
LMRDA
LMRA
FLSA
RLA
State Laws
Case Law
Common Law
JSIA
VEVRRA
OSHA
CRA
FUTA
NLRA
FICA
IRC
Today
HIPAA
SWDA
SDWA
CAA
DTB
USERRA
ADA
EPPA
TEFRA
TRA
FDA
MSHA
ERISA
ADEA
LMRDA
LMRA
FLSA
RLA
State Laws
Case Law
Common Law
WPCA
SDWA
CERCLA
TSCA
CCPA
FMLA
DFWA
WARN
COBRA
IRCA
JSIA
VEVRRA
OSHA
CRA
FUTA
NLRA
FICA
IRC
By 1900
Case Law
Common Law
Impact on Your Business
•Eliminate or Reduce Fines and Penalties
•Remove Distractions and Interruptions
•Share or Transfer Liability with Co-employment
•More Effectively Manage Employer Liabilities
Services
•Government Reporting and Agency Interface
•Employment Records Management
•COBRA Management
•Workers' Compensation Coverage, Fraud Investigations and Claim Resolution
•Safety Reviews, Policy Development and Audits
•Unemployment Claims, Terminations, Conflict Resolution
•Employee Handbooks, Personnel Guide and Forms
•Employment Practices Liability Insurance
Manage Employer Liabilities:
Better Operations
“A study by the Rand Corporation showed
that employers will lose 2 out of 3 trial cases
and on average will be penalized $600,000
+ court costs and attorneys fees.
Why is “HR” Getting so Much Attention?
Pricing Approach
Existing Payroll Burden:
T + W + B + A = % Payroll
EPB
• T = Payroll Taxes
• W = Workers Comp/EPLI
• B = Employer % Health Benefits
• A = Administrative Overhead
Administaff Pricing:
WASF = %Payroll
WASF = Weighted Average Service Fee
WASF - EPB = INVESTMENT
Enrollment fee (one-time) = 6% of first month’s payroll
BASIC INFORMATION REQUIRED
• ROSTER OF EMPLOYEES: Name, home zip code, work state, age, gender, job description
• PAYROLL INFORMATION: Status, salary details, payment method/frequency, medical insurance election
• MEDICAL COVERAGE: Current plan summary, current invoice and same period last year (e.g. 7/10 and 7/09)
• WORKERS’ COMP: Schedule of Operations (a/k/a Declarations Page), Loss Claims History and Existing Codes
• Brief Business Profile/Group Health History
CURIOTSITY… “IS THERE A
BETTER WAY?”
INTRODUCTORY MEETING ASSEMBLE BUSINESS PROFILE
VALUE EXPLORATION PRICE / VALUE
COMPARISON
IMPLEMENTATION
FIVE DAYS
1 WEEK 1 WEEK ORIENTATION COMPLETED FOR CHOSEN START
DATE
TODAY
Decision/Implementation Process
Timeline
Process