It’s a Professional Employer Organization. And it’s a one-stop service provider that allows business owners to concentrate on running their businesses without getting bogged down in administrative headaches. It also allows them to provide employees with benefits that would normally only be available at much larger companies.
PEOs, through the co-employment model, become the legal “employer of record” for employment and benefits purposes, thereby assuming many of the responsibilities and liabilities present in every business.
Employees on a PEO’s payroll are able to participate in the PEO’s health, retirement, and supplemental benefits and are covered by their workers’ compensation policy, so you don’t have to worry about making these complex arrangements. The PEO also takes care of the payroll, including everything from printing the checks to reporting and paying the employment taxes. Additionally, the PEO provides human resources and compliance expertise. All while you remain completely in control of your product and day-to-day business operations.
True advancement in your industry comes from attracting and cultivating a well-trained and highly skilled workforce. And to truly establish such a workforce, you need time, energy and incentive on your side.
That’s where Catalist Consulting comes in. Our belief is that by allowing highly skilled specialists at Catalist Consulting to perform the “non-core” functions of your business you gain more time to provide attention to the “core” functions, which earn profits for your business.
Through “Employee Benefits Pooling,” Catalist Consulting pools hundreds of companies representing tens of thousands of employees together. The economies of scale generated by this unique concept allow us to negotiate the best rates and benefit programs possible.
Your organization is then able to leverage Catalist Consulting expertise and collective buying power to reduce many of your employment lifecycle expenses. And your employees are able to receive the attractive benefits and expert HR services that promote loyalty and productivity in the workplace.
At Catalist Consulting, we’re more than just a vendor to our customers. We are a trusted partner invested in their success. Why?
Because we care. About your business. About your livelihood. About your future.
Because we understand. We understand your business. We understand your industry. We understand your challenges.
Because we deliver. Knowledge complemented by a strong sense of direction. A masterful understanding of your business and the intricacies involved. An open avenue to resources and connections otherwise out of reach.
Simply put, your vision is our vision. We embrace your future with the same eagerness that you do and are dedicated to invigorating and protecting your most vital resource – your employees.
The following is a closer look at the many ways a relationship with SOI can boost your business:
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