Frequently Asked Questions
How does a PEO and co-employment relationship work?
In a co-employment relationship, you, your employees and the Professional Employer Organization (PEO) come together to establish a partnership. As the PEO, Odyssey OneSource assumes the responsibility and administrative burdens of payroll, payroll taxes and employee benefits. We also take legal responsibility for matters involving HR management and compliance with employment laws, while you retain control of key functions, including managing worksite employees, product development, distribution, marketing, sales and services.
In the co-employment relationship, you focus your time and energy on the “business of business” and away from the “business of employment.”
Contact us for more information or call (888) 680-8800to speak to an Odyssey OneSource representative.
- What is a PEO?
- What is co-employment?
- In a co-employment, who controls my employees?
- How does a PEO and co-employment relationship work?
- What is the difference between temporary staffing services and a PEO arrangement?
- Will I lose control of my business or employees with a PEO arrangement?
- Who is responsible for the employee's wages and employment taxes?
- Who is responsible for state unemployment taxes?
- Who is responsible for employment laws and regulations?
- Who is responsible for workers' compensation?
- I am not comfortable with a full PEO or co-employment relationship, are there other options available?
- What is an Administrative Services Outsourcing (ASO)?
- Why would a business owner use Odyssey OneSource?
- How long has Odyssey OneSource been in business?
- How does Human Resources Outsourcing (HRO) work for my company?
- Why would my business outsource HR?
- How will this relationship affect my employees?
- How does Odyssey OneSource’s PEO and ASO arrangements work?
- What businesses use HR outsourcing solutions?
- What if I already have an HR person, or department?
- Why do I need to worry about HR? I don't have time!
- What problems does Odyssey OneSource help solve?
- What are the costs for human resource services?
- What makes Odyssey OneSource different from other HR Consulting firms?
- Why should I outsource any of my human resources functions or projects?
- Can I easily terminate this relationship if I choose?
- Does my company become part of a large group benefit plan by partnering with your company?
- Does Odyssey offer 401k that can be modified by the client?
- Does the Odyssey 401k plan offer IRS Safe Harbor plan designs?
- Does Odyssey offer any type of Non-Qualified Deferred Compensation program?
- Does Odyssey assist with the procurement of health & welfare benefits?
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