Outsourcing Benefits -- Self Assessment

Rate the current condition of each item within your company (from 1-4).
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Rating Scale

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Have not considered Considered, but not discussed Some discussion, no significant action Fully discussed, action pending or planned Completed or under control  
0 1 2 3 4 General
1. I am familiar with the concept of a Professional Employment Organization (PEO).
2. I have considered using a PEO as a way to save money.
3. I have considered using a PEO as a way to make my company operate more efficiently.
0 1 2 3 4 Human Resources Administration
4. Does your company have an employee handbook?
5. Are you sure the company’s employees are properly classified under exempt – nonexempt status?
6. Does your company gather I-9’s and are they kept in a separate file from the employee file.
7. Does your company properly report new hires to the State within 20 days of hire?
0 1 2 3 4 Payroll Administration
8. Does your company include non-discretionary & other recurring earnings to properly calculate each employee’s regular rate of pay for purposes of determining their overtime pay rate?
9. Does your company verify employee social security numbers with the SSA?
10. Does your company properly report non-payroll compensation, pay taxes associated therewith and include such on form W-2?
11. Does your company reimburse employees for business related expenses and if so, do you have an accountable reimbursement plan?
0 1 2 3 4 Workers’ Compensation/Risk Management
12. Does your company have a written safety program, IIPP and MSDS plans in place and company provide safety training to your employees and document their participation?
13. Does your company know what its current experience modifier is?
14. Does your company know what its controllable modifier is?
15. Does your company have 3 years worth of currently valued loss runs?
0 1 2 3 4 Company Paid Benefits
16. Does your company have medical, dental, and vision benefits?
17. Does your company have a 401(k) plan?
18. Does the company have a Flex Cafeteria plan? If so, is it a premium only plan or does it include medical and dependent care reimbursement accounts?
0 1 2 3 4 Voluntary Employee Benefits
19. Does your company offer supplementary insurance? Cancer, Hospital Indemnity, ICU benefits, Accident, etc.
20. Does your company offer short term and long term disability insurance?
21. Does your company offer life insurance?
0 1 2 3 4 Employment Law and Regulations
22. Does your company comply with Federal Wage and Hour Provisions?
23. Does your company properly do withholding of Federal and State Income Taxes
24. Does your company have a Sexual Harassment training and prevention program?
25. Does your company understand Time Off to Vote regulation?
 
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