PEO Pointers

March 2005

Featured Tips & Strategies

Stop Growing to Increase Profits
Dell Wood explains how to increase profits and reduce WC risk and collateral requirements by temporarily stopping growth. Click here to learn more.

Doing the Right Thing
Lou Basso explains why “doing the right thing” not only helps the industry long term, but can also add to your PEO’s bottom line right away. Click here to learn more.

Effective Implementation of CSA Amendments
No matter how carefully a PEO crafts its client service agreement, changes are needed from time to time. Yet important amendments are often delayed, totally avoided or partially implemented because of the challenge of clients having to sign a new agreement. Click here to learn more.

Featured Industry Best Practices

Audited Financials
While many PEOs still consider paying an independent CPA to audit their year-end financial statements to be an unnecessary expense, there is no doubt that this best practice is the key first step to building trust and credibility in your PEO and in the industry overall. It also is the key to ensuring that you are managing your PEO based on reliable financial information. Click here to learn more.

Ongoing Risk Assessment of Existing Clients
Risk assessment not only is critically important in new client acquisition but also should be an integral part of managing your PEO in a profitable manner on an ongoing basis. Click here to learn more.

Industry Updates

Ohio BWC Approves ESAC Accreditation as Compliance Alternative
Ohio joins Arkansas and Rhode Island in accepting a PEO's accreditation in lieu of state regulatory requirements. ESAC's accreditation and bonding program is becoming increasingly recognized as other states proceed with approval of legislation to authorize an alternative means of compliance that saves both regulators and PEOs time and money. Click here to learn more.

Limited-Time Offer for Tax-Benefits Certification Savings
Proving your PEO's continuing payment of important employer liabilities can be a difficult but important factor in closing a promising sale. CI's Tax & Benefits program is a low cost method for overcoming this obstacle. Take advantage of CI's limited-time $500 savings by completing your application before September 1, 2005. Click here to learn more.

NAPEO Extends ESAC Accreditation Refund Offer
NAPEO has extended its limited time offer to reimburse PEOs applying for ESAC accreditation in 2005. PEOs will receive a reimbursement of their accreditation fee up to $5,000. Click here to learn more.

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