FAQs

ADVISOR PARTNER FAQs

Q?

CLIENT: I SAW THE ACRONYM PEO ON YOUR SITE, WHAT DOES THAT STAND FOR AND HOW DO PEO’S WORK?

A.

PEO stands for Professional Employer Organization. Professional Employer Organizations are a cost effective resource for employers to utilize and manage human resources, employee benefits, as well as payroll and workers compensation in an integrated manner. The employees of your company become employees of the PEO, but only on paper. In actuality, you still manage your employees on a daily basis the same as before. As the owner, you maintain complete control over the employees at all times. Professional Employer Organizations handle your payroll processing and provide you with workers compensation. In comparison to obtaining insurance on your own, you can leave a PEO arrangement without penalty. Each PEO will vary regarding how much notice they require for termination. Can you explain PEO’s a little further? There are many benefits in utilizing a Professional Employer Organization. One of the biggest advantages is that employers can receive human resource assistance with regard to managing employment law compliance–which gets updated quite frequently. If employers do not keep up with employment law changes, they are susceptible to liabilities and large penalties.


Q?

CLIENT: IS GROWDUCTIVITY A PEO?

A.

No.  Aaron Becker of Growductivity is an Independent Broker representing many of the most respected HR Vendors & PEO’s in the industry.  The benefit that Aaron brings is his ability to take your company information and bring you multiple PEO quotes at once.  Aaron's background in the PEO industry includes over 15 years of working as a leading Human Capital Management Consultant covering everything from HR Consulting, Benefits, Recruiting, Retirement Plans, Risk Management, and Compliance.  Let Growductivity review your current costs and send you a free quote with several options in the PEO industry. There is absolutely no obligation.

Q?

CLIENT: HOW DO INDEPENDENT BROKERS, SUCH AS GROWDUCTIVITY, HELP SMALL TO MID-SIZE BUSINESS SAVE MONEY?

A.

Third party companies have relationships in place with various service providers. Based upon a transactional history, third party partners are more likely to receive incentives and discounts to do business with their strategic vendor alliances. Additionally, third party partners have a multitude of relationships with vendors already in place. How does that work for a business owner? The third party partner is able to obtain multiple quotes for a service and provide you with the most cost effective. In the end, that saves a business owner from researching vendors and negotiating pricing on their own.

Q?

CLIENT: SO, OVERALL WHAT IS THE BENEFIT OF WORKING WITH A PEO RATHER THAN HANDLING BUSINESS OPERATIONS ON MY OWN?

A.

Overall, when working with a PEO, employers gain access to professional human resource personnel, quality benefit offerings, improved operational efficiencies, and a higher level of employee satisfaction, and loyalty. PEO’s can help reduce turn over which will allow your business to provide consistency to your customers, reduce the amount of time spent rehiring and minimize the cost of training new staff.

Q?

Client: What information is required to work with Growductivity?

A.

At Growductivity, we will gladly provide you with free quotes for our many solutions. We do, however, need information from you. If you are ready to take the next step in saving your business time and money, simply register as a client  to complete the loss history affidavit and request for proposal paperwork which is accessible through our client platform.

Q?

Client: Why is this information required in order for me to explore your business solutions?

A.

Using a third party firm to help you shop for the best solution possible is a great alternative. As the business owner, you will be able to remain focused on revenue generating activities while our company works to obtain the best time and cost savings solutions for you. In order to obtain quotes on workers compensation and employee leasing services, we do need to collect your historical data up front. By providing us with all of the information in the quote process, we can ensure a timely transaction and obtain quotes for you in less than one week.

Q?

Client: How Do I Access Professionals in the Network?

A.

Our firm develops local relationships with consultants who are part of the network. Our network provides management consulting services to businesses who need advice on different topics that are commonly associated with being a business owner. The selected network members include HR Consultants, HCM Consultants, CPA's, Commercial Lenders, Business Brokers, Financial Advisors, Business Attorney's, Staffing Partners, Benefit Brokers, Commercial Real Estate Brokers, and other business Consultants who are considered top advisers in their field. They are available to clients to answer questions and provide advice and solutions to solve today's business challenges. Our key asset is our people, who bring expert guidance and leadership to your business. At the core of our business model, we can assist businesses with a variety of different business challenges through the power of our network.

Q?

Candidate: What positions does Growductivity recruit for?

A.

Growductivity partners with over 100 sales recruiting firms in strategic markets on a national basis.  Although our specialty is sales recruiting, we do partner with the best local staffing firms on a local level as well.  Our client companies need results quickly and our staffing partners will deliver results that allow our clients to fill their openings on time and on budget! Our clients will save time and money with our professional services. Our staffing partners specialize in recruiting, screening and placing only the highest qualified professionals in Sales & Marketing, Accounting, Finance, IT, Human Resources, and Office Administration fields.

Q?

Advisor: What does this program look like for Advisor Partners?

A.

As an consultant, if you look at larger firms like Lockton, Aon, Mercer, Deloitte, etc... they have the resources to provide an HCM consulting practice to their clients.  Growductivity is taking this concept to midmarket consultants and allowing them to obtain a similar competitive advantage for their small and medium-sized business clients.  Growductivity will provide our business consultants a "bolt on" On-Demand HCM advisory service that will allow them to offer their clients value-added HCM consulting services which will strengthen personal client and business relationships. According to a study conducted by the Harvard Business Review, when businesses are in HRIS technology evaluation mode, c-level executives have uncovered 70% of the information before even meeting with an outside HCM Sales Professional. Our model is designed to educate our clients and also help our member consultant partners and shape their prospective clients HCM strategy working through Growductivity's established, knowledgeable HCM consulting team.  At Growductivity, we realize the importance of business networking. Most executives prefer referrals to a consultant as opposed to cold calls from a total stranger.  We offer our advisors the opportunity to extend these services to their clients in a revenue share model that makes sense for everybody.

Q?

Client: How is Growductivity Helping Small & Medium Sized Businesses?

A.

At Growductivity, we are passionate about what we do to help companies, employees, and families reduce and stabilize the cost of healthcare. We help business clients with employment laws by providing comprehensive Human Resource Solutions that will reduce complexities related to employee and human resource management. Small and Medium-sized business owners struggle with finding the right team of experts to protect, position, and scale their business. Growductivity is building a powerful team of business advisors in every major market in the United States to help business owners succeed. Our core network of advisors includes HCM consultants, Business Bankers, Business Consultants, Business Brokers, Financial Advisors, CPA's, Business Attorney's, & Staffing Firms. Our clients have access to local, personal, and professional Business Advisors and HR experts in every market to help them remain compliant with employment laws and accelerate business results. We partner with Key national HCM vendors including several publicly traded Fortune 500 companies. We are a growth accelerator for our local advisors and bring these solutions to business owners to help them succeed.

Q?

Client: How does our On-Demand Services work?

A.

The best way to work with our consultants is to register for a free client account.  Once you register, you will be able to access our team of HR Consultants and client forum to ask questions to other professionals in our network.  If you are doing an HCM technology evaluation,  you will also be able to review different vendors and align your questions toward your specific HCM needs. You can leverage our experience to get the best pricing, negotiate with vendors, and ensure a seamless and painless implementation experience. Our partners have a combined 100 years of experience in Human Capital Management consulting and often times, when these HCM projects are mishandled, they can cost a company hundreds of thousands of dollars of direct and indirect labor cost.

Q?

Client: How does our Recruiting Split Network Help Our Clients?

A.

The main advantage of working with Growductivity is that we have partnered with hundreds of recruiting firms from coast to coast.  As a client, you can log in to your Growductivity client account and post a job to our recruiting network. You can set the fee you are willing to pay for the job opening and the recruiting firms will work with you according to your needs in an efficient market. Our member recruiting firms will work hard to understand your exact recruiting needs and recruit in the Sales, Finance, Accounting, HR, IT, and Office Administrative Feilds.  Our member firms will reach out to you directly for your job vacancy needs. 64% of our candidates are directly recruited from target source companies and we will be professional in our approach to help improve our client's employer brand to attract and retain top talent to their business.  Our goal is to deliver on-spec candidates that meet our client's needs and timelines.  We also have a full-service guarantee that is unmatched in the industry.  

Q?

Client: How do we help clients attract and retain top talent?

A.

We work with our clients to identify their exact needs.  We will identify a list of target companies and selected candidates within those companies.  We will make an average of 125 calls to selected candidates and work hard at position our client company to win this war on talent.  

Q?

Client: How do we help our clients with cost containment strategies?

A.

The world of employee benefits is changing.  Healthcare inflation is now unsustainable for most businesses.  We work hard at identifying the best plan designs, contribution strategies, plan methodologies, and strategy to help our clients stabilize the cost of healthcare.  Most employers offer benefits as a tool to help attract and retain top talent.  We work with strategic partners to disrupt the industry and reduce premiums while offering our clients richer benefits.

Q?

Client: What does our PEO Brokerage do for clients?

A.

According to NAPEO, companies that align with a PEO grow 7-9% faster than their industry peers.  We help our clients understand what a professional employer organization can do for their business.  PEO's are not a one size fits all proposition and we will help educate our clients on the various players in the industry and will help our clients align with the best service model to fit their business and budget.  PEO's are known for helping mid-sized employers stabilize the cost of benefits while also providing a sound and fluid HR infrastructure to support compliance, reduce risk, and relieve administrative burdens.  Our team at Growductivity takes great pride in helping match the correct vendor to suit their business.

Q?

Client: What do Employee Engagement and Employee Benefits have in common?

A.

What do High Turnover, Low Engagement, and Low Participation levels have in common? The answer may lie within your corporate benefits strategy. When you think about the evolving workforce and the fact that by 2025, 75% of the workforce is millennials, there is going to be a massive labor shortage in ten years because of all the baby boomers retiring. With that labor shortage, businesses are going to see a major upswing in their cost of labor and this will have a dramatic impact on their bottom line in the future. In order to remain competitive, a comprehensive benefits strategy will be needed to attract and retain talent. These considerations are extremely important because according to Gallup, companies with engaged employees deliver results. In a recent survey, they showed that 69% of employees are disengaged at their job but those employers with highly engaged employees have 22% higher profitability, 21% more productivity, 10% higher customer satisfaction, 65% less turnover, 37% less absenteeism, and 28% less shrinkage! The kicker here is that 57% of employees say they would be willing to accept a job with lower compensation but a better benefits package according to an article from "WorldofWork". Point being, as companies try to control rising labor costs in the future, a comprehensive benefit strategy that works for everyone will be a requirement.