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What is HR-BPO?
HR-BPO, Human Resources Business Process Outsourcing, is the hiring of an outside
firm to handle all or part of an HR process or function. Advantec supports companies
through our HR-BPO solutions, helping them attract the best talent, grow and retain
their employee base, administer payroll, tax, and benefits, and manage risk, unemployment
administration, workers' compensation and compliance.
What is "co-employment"?
Under this arrangement, a client company contracts with an organization like Advantec
as a co-employer of its worksite employees. Advantec and the client company share
certain employer responsibilities, but the client company maintains control of its
day-to-day operations and remains responsible for hiring and terminating employees.
The provider assumes a certain degree of liability for the company's payroll and
tax administration, risk management, workers' compensation coverage and compliance.
Why would a business outsource its HR?
Outsourcing HR has many benefits for a business. Hiring outside experts to handle
non-revenue-generating activities such as payroll and payroll administration, benefits
administration, tax administration, risk management, unemployment administration
and workers' compensation enables a business to focus more time and energy on core
competencies. HR Outsourcing is also cost-effective for any business. Many companies
prefer to hire a single resource for the management of HR functions, a simpler,
more efficient solution than managing many different service provider relationships.
Advantec clients receive further support from outsourcing by accessing and leveraging
deep HR management expertise, on issues from tax and compliance to risk management
and on-demand consulting.
What is a professional employer organization (aka PEO)?
A professional employer organization, or
PEO, uses
co-employment to bring all client companies’ employees under a single federal tax
ID number to provide clients with a more cost-effective way to offer Fortune 500-quality
benefits. Co-employment also allows a company to more effectively manage its HR,
from payroll and benefits to workers' compensation, using a single, integrated platform
and suite of resources. By relieving a company from the complexities and demands
of ongoing HR administration, the organization can focus more effort on its core
business competencies and increase profitability.
What are the benefits for a company's employees to outsource
its HR?
Outsourcing provides many benefits for a company's employees. The employees and
their families gain access to comprehensive HR services, including Fortune 500-quality
healthcare, life insurance and retirement benefits. Outsourcing provides employees
with consistent and efficiently administered HR policies and procedures. Advantec
also offers consulting and training support which leads to appropriately managed,
trained, recognized and rewarded employees. In the end, outsourcing fosters satisfaction
and loyalty among employees, which leads to higher retention and productivity.
What businesses use HR outsourcing solutions?
All businesses of every size in any industry can achieve more value, quality and
leverage with less effort by outsourcing some or all of their HR functions to a
firm like Advantec. They gain a new, knowledgeable HR department, or they can augment
their existing HR departments. These companies gain access a source of specific
HR solutions and expertise to fulfill particular short or long term needs.
What is an
Administrative Services Outsourcing (ASO)
solution?
ASOs offer businesses transaction-based human resources services such as support
with payroll, benefits, and employee data management. Advantec’s ASO operates as
an extension of your human resources department by providing you with a complete
range of HR administrative services through the efficiency of our integrated human
resource information system, which is powered by PeopleSoft®.
What is included in
Advantec's ASO
offering?
Advantec's ASO solution can support a variety of client needs, including payroll,
benefits processing services, an integrated HR Information System (HRIS) via PeopleSoft®
technology, guidance on HR best practices and other consultative support. It does
not include Advantec-sponsored benefits or workers' compensation coverage.
What makes Advantec's full-scale management offering different
from or better than other solutions in the marketplace?
Most Professional Employer Organizations offer a similar package that includes payroll,
employee benefits, risk management and workers' compensation services. Advantec
goes far beyond this traditional offering and can work as a consultative business
partner to provide a seamlessly-integrated solution that is tailored around your
individual business needs. This solution is then delivered by our
Advantec Advantage
service team. You benefit from solutions that are scalable to fit your company's
size, and needs, across all stages of your business growth.
What makes Advantec's service offering different from or better
than other solutions in the marketplace?
Some competitors offer payroll services, benefits administration and HR technology,
but very few actually combine high quality HR services and high level technology
under one umbrella with in-depth HR expertise. Our
Human Capital Consultants (HCCs)
have advanced HR certifications, placing them among the most knowledgeable and skilled
HR professionals in the industry.
Who is Advantec, and why should I put my trust in this organization?
Advantec integrates, develops and supports human resources business solutions for
companies nationwide. We provide advanced products and exceptional services to co-employment
markets, and human resources outsourcing and management services in select markets.
Our adaptable tools and technologies, combined with our consolidated service providers
and on-demand consulting services, enable our clients to concentrate on their top
business priorities.
In addition, we are a privately held, profitable company with positive working capital,
cash flows, net income and stockholders' equity. Advantec is consistently recognized
as one of the highest quality providers of human resource solutions in the outsourcing
industry. Our many awards and credentials include: Named Top 15 human resource outsourcing
firms nationwide by HR Magazine; Twice Named Top 23 Enterprise HRO Provider by HRO
Today Magazine; and Finalist, Best full-service Professional Employer Organization
by The ProEmp Journal Excellence Awards. Additionally, we are a member of the National
Association of Professional Employer Organizations (NAPEO).
Who can I call for more information?
If you're a client and have questions, you will get prompt, professional attention
through our Client Relations department at 888-220-6106. If you are not yet a client
and have general questions about Advantec, or need more information, please call
us at 877-ADVANTEC (toll-free, nationwide) or
request information via this website.
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