PEO, ASO, HRO – Oh No! What Do All of These Mean? Part 2
Posted on 11.14.2018
There are many HR options available to the marketplace these days, and while that creates great competition and choice, it also creates a great deal of confusion.
What is an ASO?
ASO stands for Administrative Services Only. This arrangement describes an employer who has “carved out” certain aspects of an ASO bundle – opting to get either benefits or payroll services through an alternate provider, while still getting the ASO provider to handle basic employee administration.
The limitations of an ASO are similar to the limitations of a PEO (Professional Employer Organization). Most organizations have a need for multiple levels of HR skill sets that are not commonly found in one person. Finding that ideal mix of expertise or making the investment in multiple HR people for most companies can be overwhelming. So, Achilles Group has developed a Fractional HR concept that provides our clients with the ideal mix of expertise without making the investment in multiple HR people.
Our unique methodology is a collaborative approach between your organization and ours that starts with identifying your specific needs. We then determine the percentage of focus on each particular level and type of HR expertise necessary to satisfy your needs.
Next week, we’ll take a look at ASO and HRO models and how this business model differs from the Achilles Group Fractional HR approach.