PEO
Partners in Profitability...
Barrett began offering PEO services to our new and existing clients in 1990. By introducing this value added service to our customers, Barrett became one of the few companies to provide comprehensive human resource management solutions to small and medium sized businesses. Many businesses, particularly those with a limited number of employees, find personnel administration requirements to be unduly complex and time consuming. Outsourcing these managerial burdens enables small enterprises to devote their limited resources to their core competencies.
In a PEO services arrangement, we enter into a contractual agreement with the customer becoming a co-employer of the client company’s existing workforce. As the co-employer, we assume responsibility for some or all of the human resource management responsibilities, including payroll and taxes, employee benefits, health insurance, workers’ compensation coverage, workplace safety programs, compliance with federal and state employment laws, labor and workplace regulatory requirements and related administrative responsibilities. Our clients remain responsible for day-to-day assignments, supervision and training and in most cases, recruiting. Each new hire is processed by Barrett to ensure that we are in compliance with all federal and state labor laws and regulations.
Before entering into an agreement with a potential PEO client, we conduct a thorough analysis of the current personnel policies and procedures, workers’ compensation costs, safety standards and creditworthiness. We also review their current employee benefit plan(s), if any, and determine what combination of plans would most effectively meet their objectives. After a safety inspection of the customer's facilities, we introduce our workplace safety program and recommend improvements in procedures and equipment, which the potential client must agree to implement as part of the co-employer arrangement.
Our prospective clients must demonstrate to us that they possess the right attitude when it comes to the employer-employee relationship. The monetary reward available from our safety incentive program is an integral part of many of our PEO arrangements and has proven to be a very successful tool in “making the workplace safer.”
For over 600 PEO clients, we are their HR department. With the myriad of employee labor laws, these companies rely on Barrett as the experts when it comes to HR matters.