Frequently Asked Questions
Will I lose control of my business or employees with a PEO arrangement?
No. You retain ownership of your company and you continue to make key business decisions and manage employees. As co-employers, Odyssey OneSource and your company contractually share or assume employer responsibilities and liabilities. Odyssey OneSource becomes responsible for payroll and employment taxes, human resource compliance, managing unemployment, maintaining employee records, and many of the other time-consuming and tedious chores associated with employment administration. Your company actually gains more command of the revenue generating aspects of your business, which is why you went into business in the first place.
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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