Staff One HR is among the first Professional Employer Organizations (PEOs) to earn Certified Professional Employer Organization, or CPEO, status from the U.S. Internal Revenue Service (IRS). This voluntary program requires that certified PEOs meet and maintain stringent requirements regarding financial reporting, tax status, background, experience, bonding, and more.
Out of a nationwide total of approximately 2,000 HR service firms with PEO offerings, Staff One HR is one of fewer than 60 currently accredited by the Employer Services Assurance Corporation (ESAC). Through its stringent independent application and monitoring process, ESAC evaluates compliance with important ethical, financial, and operational requirements. Companies with ESAC accreditation are backed individually by a $1 million surety bond, plus a $15 million excess surety bond to provide assurance of the timely and appropriate performance of key employer services. The assurances offered by ESAC for the employee administration industry are similar to those offered by the FDIC for the banking industry. For more information, visit www.accessesac.org.
In addition to being ESAC accredited, Staff One HR has achieved Workers’ Compensation and Risk Management certification by the Certification Institute. This certification results from an independent professional verification that Staff One HR’s risk management program is meeting proven risk management best practices to reduce work-related accidents, health exposures and control workers’ compensation insurance losses. This certification gives Staff One HR’s client business owners assurance their service provider has the capability to deliver important risk management results.
Staff One HR has been a member of NAPEO, the National Association for Professional Employer Organizations, since January 1989. For more information, visit www.napeo.org.
ASPPA and CEFEX
Our Retirement Services administration partner is accredited by the American Society of Pension Professionals and Actuaries (ASPPA). ASPPA is the premier national organization for career retirement plan professionals. The membership is comprised of the many disciplines supporting retirement income management and benefits policy. For more information, visit www.asppa.org.
Our partner is also certified by the Centre for Fiduciary Excellence (CEFEX). CEFEX is an independent global assessment and certification organization. It works closely with investment fiduciaries and industry experts to provide comprehensive assessment programs to improve risk management for institutional and retail investors. CEFEX certification helps determine trustworthiness of investment fiduciaries. For more information, visit www.cefex.org.
At Staff One HR, we care about our clients’ and employees’ information security and privacy. As such, our Retirement Services Administrator partner operates in SAS 70 type II certified environments. SAS 70 is an auditing statement issued by the Auditing Standards Board of the American Institute of Certified Public Accountants (AICPA), officially titled “Reports on the Processing of Transactions by Service Organizations”. SAS 70 defines the professional standards used by a service auditor to assess the internal controls of a service organization and issue a service auditor’s report. For more information, visit www.aicpa.org.
Each of our HR Professionals is certified as Professional in Human Resources or Senior Professional in Human Resources (PHR and SPHR) by the HR Certification Institute, and SHRM-CP (SHRM-Certified Professional) by the Society for Human Resource Management. PHR certification verifies that the holder has demonstrated a mastery of the HR body of knowledge and stays informed of new developments in the HR field. SHRM is the world’s largest HR management organization and provides the industry standard in HR education and practices.
Our Payroll Specialists have achieved Fundamental Payroll Certification (FPC) and/or Certified Payroll Professional (CPP) accreditation through the American Payroll Association (APA). The APA is the nation’s largest organization for payroll professionals and provides members with current industry compliance standards and educational and business resources. Members of the APA stay abreast of advancements in payroll technologies and keep current with the legislative and regulatory environment. For more information, visit www.americanpayroll.org.
Check us out on PEOCompare.com and compare our accreditations and services with other HR Managed Service providers!