PEO Migration Services Going Beyond Healthcare & Benefits

Your PEO may seem to be functioning fine, but you want to conduct a full HR audit for due diligence (and peace of mind).

Working with an objective, third-party consultant to poke holes and uncover flaws in the HR process will be an eye-opening experience that will lead you to innovative value-saving opportunities and better benefits expenditure plans.

We perform a comprehensive overview of your company, gathering extensive data and anecdotal information to uncover where you’ve been, what your current pain points are and optimized plans for a successful future based on business KPIs.

PEO EXIT SERVICES

PROCESS OVERVIEW

Discovery

  • Establish Desired Outcome
  • Organize Strategic Objectives
  • Motivation for Conducting Analysis
  • Analysis of Current Relationship
  • Viability Review & Potential Challenges
  • Deliverable Overview
  • Establish Timeline

Analysis

  • Evaluate Current Vendor Relationship
  • Gather Documents
  • Gain Tactical Understanding of Product Utilization
  • Determine PEO Administrative Expense
  • Execute Engagement Agreement

Engagement

  • Educate Key Stakeholders
  • Deliver Analysis Results
  • Review Financial Impact

Procurement

  • Technology
  • Human Resources
  • Talent
  • Risks & Compliance
  • Compensation
  • Benefits Expense Management

Solution Proposal

  • Review Financial Impact
  • Vendor Recommendation
  • Vendor Introduction & Interview

Implementation

  • Migration & Implementation Timeline
  • Installation Support

PEO BENCHMARK EVALUATION

Provides Your Future with Better Financial Outcomes

PEO Benchmark's job is brokering better health insurance and benefits plans by providing a thorough PEO Cost and Spend Evaluation for businesses.

Our comprehensive analysis involves quantifying and qualifying hard and soft costs related to your business needs and spend, then benchmarked against expected open market costs after leaving a PEO.

PEO Benchmark Analysis Results:

  • Information that pinpoints the financial pitfalls with your existing PEO partner.
  • Pinpoint what money has been invested in health insurance, employee benefits and HR services that can be reallocated for a more profitable ROI
  • Define the role a PEO or Broker should play in your company
  • Customized plans with better health insurance plans and benefits packages for your business and employees
  • Better Brokering of Healthcare Plans
  • Better Benefits Programs
  • Better Consulting Services
  • Better Savings

Human capital & Employee Experience

We help connect the dots on the Employee Experience

We assess investments, strategy, and engagement across the entire employee experience by looking at the sum of all investments and interactions an employee has with a company

Benefits & Compensation

Benefits & Compensation

Learning & Development

Learning & Development

Employee Programs & Perks

Employee Programs & Perks

Purpose

Purpose

lockton zero based mindset

Lockton Zero Based Mindset

A new way to identify human capital cost savings and reinvest for growth, profitability, sustainability and trust. We optimize human capital strategies available at alternative budgetary levels and identify non-working money to reinvest and ignite growth.

We perform a line by line analysis of discretionary human capital investments that frees up cash to improve growth, EBITDA and culture.

8 Human Capital Investment Categories Assessed

1
HEALTH CARE BENEFITS
  • Plan Design
  • Partners
  • Funding
  • Cost Containment
  • Networks
  • Pharmacy
2
WELLBEING BENEFITS
  • Programs 
  • Spaces
  • partners
  • Events
4
RETIREMENT SAVINGS & PLANNING BENEFITS
  • Plan Design
  • Matching 
  • Funding 
  • Enrollment 
  • Partners 
  • Defined Contribution
5
WORK-LIFE & CONVENIENCE BENEFITS
  • Dress
  • Beverage Perks
  • Telecommuting
  • Discounts
  • Food
  • Services
6
FINANCIAL & CAREER BENEFITS
  • Awards
  • Parking 
  • Bonuses 
  • Technology
  • Equity
  • Non-Medical Insurance
8
TRAVEL & RELOCATION BENEFITS
  • Hotels 
  • Spouse/Partner
  • Transportation
  • Dependents/Pets
Julia R., Regional Sales Executive, SyncHR

"Mike is a straight-forward, concerned partner who cares about the end-result for his customers. Mike impressed me when he stepped in to an opportunity with one of my prospective customers and understanding that they needed impeccable service, coordinated intentionally to bring in his entire team to meet with them as a show of support."

- Julia R., Regional Sales Executive, SyncHR

"Michael is very upfront, clear, and responsive. He is very strategic in his thinking and is always prepared for whatever comes his way. I highly recommend him as a valuable business partner." 

- Lori Wigler, VP of Finance & HR, Eminess Technologies
- Lori Wigler, VP of Finance & HR, Eminess Technologies

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