What We Do - Who We Are
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Transcript of What We Do - Who We Are
Working for you. Working with you.
When a business takes care of its people…
its people take care of business.
Business Objectives
Provide Richer Benefits Package
Stabilize The Cost Of Benefits
Reduce Employee Administration by adding improved technology
Overview
1. Business Climate1. Business Climate
2. Why A PEO2. Why A PEO
3. Who We Are3. Who We Are
4. What We Do4. What We Do
5. How We Deliver5. How We Deliver
Rising Unemployment
IncreasingLitigation
Doing more with less
Compliance Complexities
HR Complexity
Active Enforcement
Rising Cost of Healthcare
What We Are Seeing
ADA
BenefitsUnions
How Do I… Lead through the changes? Accurately track and report? Protect my business?
Healthcare
Retirement
COBRA
FMLA
Labo
r
Managing The Winds Of Change
Economies Of Scale…
Our large employee base, coupled with our ability to manage benefit costs, enable us to purchase Fortune 500® benefits and services at a lower rate than small businesses could normally buy for themselves
SOI currently has ~1,600 clients, with ~65,000 worksite employees in all 50 states
Access to Experts…
We connect our customers to resources in the areas of payroll, unemployment, loss control, claims management & human resources
Our clients recognize the additional benefit of more time devoted to those activities, which grow and enhance their core business
Who We Are
Key Facts About SOI
SOI founded in 1990. Headquartered in Charlotte, North Carolina. Largest private Professional Employer Organization. National Platform - Long term relationships with blue
chip vendors servicing all 50 states. $2B in payroll processed and more than 1,000,000
checks issued annually. Accomplished senior management team. We welcome you to learn more on our website:
www.soi.com
What We Deliver To Our Customers
Guidance- Knowledge, direction, protecting our customers’ best
interests
Expertise- Understanding our customers’ business, industry focus,
insight
Access- Connecting our customers to the resources they need- Blue Chip providers such as The Hartford Group, First
Health, TransAmerica, BlueCross BlueShield and more
Customer Insights
How would you describe your relationship with SOI?- “Proactive. They really try to avert problems so you don’t
have any issues to begin with.”- “Responsive. With SOI, nothing falls to the wayside.”
My partnership with SOI makes me feel. . . - “Secure. If an employee comes to me with a question – I
know I can turn to SOI. I don’t need to question the source.”
- “Important. They act like I’m their only customer.”
What would you say are SOI’s unique differentiators?- “Their partner relationships are better than what we
could provide alone.”- “They understand my business to the best degree
possible without being ‘in my business’.”
What Defines Us
More than just a vendor to our customers, but a trusted partner invested in their success
Concept of Unity- We care about your business, livelihood, future
- We understand your business, industry, challenges
- Fusion of personal concern and professional knowledge
reveals SOI’s unique strength
Our Value Proposition
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.
Broad Geographic Reach
405 total employees 23 sales offices WSEs in all 50 states Best PEO Environment: Texas, Florida, California, Colorado Headquarters contains executive offices, corporate staff, data processing,
training, and other back office functions A backup and disaster recovery facility, and hot site is located in Nashville,
TN
Headquarters
Sales Office
What We Do
Our Service Model…
RiskManagement
Services
Loss ControlServices
QualifiedRetirement
Plans (401k)
Tax Filings
HumanResourcesSupport
Workers’ Compensation
EmployeeBenefits
Time InformationManagement
System
HRIS
Efficient incorporation of the following business components into one
convenient and streamlined real-time solution.
SOI Client
EmploymentPracticesLiability
Insurance
Cloud Payroll
Our Service Model…
RiskManagement
Services
Loss ControlServices
QualifiedRetirement
Plans (401k)
Tax Filings
HumanResourcesSupport
Workers’ Compensation
EmployeeBenefits
Time InformationManagement
System
HRIS
Efficient incorporation of the following business components into one
convenient and streamlined real-time solution.
SOI Client
EmploymentPracticesLiability
Insurance
Cloud Payroll
How We Deliver
How We Are Different…
Benefits
AdminFee
Workers Comp
How our model works for you!
Shared LiabilityShared RiskStabilized ExpensesClaims don’t spike premium
Improved Cash Flow and Cost Stabilization
No up front deposits Pay-As-You-Go billing Turn variable employment costs into one fixed,
predictable labor burden No year end audits on workers’ comp No lease fee renewal period Our economies of scale stabilize long term
costs
Key Advantages Of Our Solution
Comprehensive and Integrated HR and benefits solution. Attract and retain the most valuable employees. Improve employee morale and reduce expensive turnover. Provide Fortune 500 medical, dental & vision benefit plans. Preserve cash flow “pay as you go” workers’ compensation
program. Transfer business risk of many employment related exposures. Gain access to expert competencies not present within your
company. Focus on your “core” business; generate profits for your
company. Contain or reduce overall employee related administrative
costs. Proven service delivery systems.
Why SOI?
Leader in the industry – 3rd largest PEO nationally Financial stability – Debt Free Workers’ Compensation plan provided by the
Hartford – 13th renewal year. 9th Renewal with Aetna Transamerica 401(k) plan with match National healthcare platform Comprehensive benefits administration One-stop solution for multi-state exposures Tenured senior management team
Our Process
Extremely simple. Free Human Resource assessment. Minimal information required. We will respond with a written assessment
typically within 72-96 hours from the time of information collection.
Next Steps
Investigate dates for implementation Gather necessary information and documents
for final approval & underwriting.
Please contact me with any questions
Joshua Parnes – Professional Employer Consultant
720-480-2454 - [email protected]