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The Practice Management Knowledge Community (PMKC) identifies and develops information on the business of architecture for use by the profession to maintain and improve the quality of the professional and business environment.  The PMKC initiates programs, provides content and serves as a resource to other knowledge communities, and acts as experts on AIA Institute programs and policies that pertain to a wide variety of business practices and trends.

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Personel Employment Organizations (PEOs)

  • 1.  Personel Employment Organizations (PEOs)

    Posted 01-08-2018 18:06
    I am the business manager for a small (10 person) firm, and primarily manage the financial and HR functions within the firm. We currently use ADP through our accounting and bookkeeping firm for payroll services. We have a local broker that helps us with our health insurance for three of our 7 full-time employees who are eligible for benefits. We have workers compensation insurance through ADP and Long Term and Short Term disability through a separate agency.

    I am looking at the Personal Employment Organization (PEO) option that will provide a stronger health insurance policy offering for a lower premium. However, the administrative fee is significant. We can also add a 401K program, that we don't currently have but want to add, through the PEO. I can see some positives in the PEO approach, but don't know the negatives.

    I would like to hear others experience with the PEO approach and any pros and cons that may be offered.

    Thanks

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    Eric Anderson AIA
    COO
    Smartegies, LLC
    Atlanta GA
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  • 2.  RE: Personel Employment Organizations (PEOs)

    Posted 01-09-2018 18:39
    We've used a PEO for many years. At one point we had 12 employees. Now we have fewer but still feel the benefits well outweigh the costs, especially factoring in the health insurance premiums which we believe are lower with a PEO due to the expanded purchasing power of a large pool. We use Synergy, a great Chicago PEO (www.mysynergy.com) but there are others as well. Outsourcing human resources to a PEO is the way to go, especially for a smaller firm.

    Richard Becker AIA / LEED AP BD+C

    Becker Architects Ltd
    595 Elm Place, Ste 225
    Highland Park IL 60035

    847.433.6600 x 111





  • 3.  RE: Personel Employment Organizations (PEOs)

    Posted 04-26-2018 18:49
    I suggest reading the following link:

    https://www.peocompare.com/pros-cons-of-the-peo/

    Our firm uses a PEO.

    By the way, PEO stands for Professional Employer Organization.

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    Phil Scott AIA
    Principal/CFO
    GSC Architects
    Austin TX
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