As trusted advisors on “all things HCM,” the best benefits brokers are having proactive conversations with their clients and prospects about business strategies to manage their needs around talent, compensation and benefits, and risk and compliance — and that includes professional employer organziations (PEOs).
There’s been a big shift recently in brokers’ willingness to partner with PEOs, driven mainly by two factors:
- Companies are looking to their brokers to support the entire human capital experience, especially around talent, and it’s difficult for brokers to build this support model internally.
- The Affordable Care Act (ACA) has driven more small and midsized businesses to look at PEOs as a good option to help manage health care costs and compliance
In an article titled, “Brokers and professional employer organizations: a perfect pairing,” Courtney Simpkiss, ADP Vice President of Broker Channel Strategy shares her insights on this growing trends.
Head toBenefitsPro to read the full story.