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By becoming co-employers with AMS Staff Leasing, a client company is able to enjoy the benefits of the size of AMS in regards to insurance buying power. Basically, the more insurance you buy, the cheaper it gets. Even if a client has a few hundred employees (a nice sized company), they still do not have the buying power and recognition that a company the size of AMS does, with its tens of thousands of employees on payroll each week.
Another way to understand AMS Staff Leasing is to know that AMS is a Professional Employer Organization (PEO). Often times “Staff Leasing” and “PEO” are used interchangeably. As quoted from the National Association of Professional Employer Organizations (NAPEO), a PEO is:
Professional employer organizations (PEOs) enable clients to cost-effectively outsource the management of human resources, employee benefits, payroll and workers' compensation. PEO clients focus on their core competencies to maintain and grow their bottom line.
Businesses today need help managing increasingly complex employee related matters such as health benefits, workers' compensation claims, payroll, payroll tax compliance, and unemployment insurance claims. They contract with a PEO to assume these responsibilities and provide expertise in human resources management. This allows the PEO client to concentrate on the operational and revenue-producing side of its operations.
A PEO provides integrated services to effectively manage critical human resource responsibilities and employer risks for clients. A PEO delivers these services by establishing and maintaining an employer relationship with the employees at the client's worksite and by contractually assuming certain employer rights, responsibilities, and risk.
More on NAPEO and PEOs in general can be found at www.NAPEO.org.
We can adjust ourselves and the payrolling system to mirror your existing pay period, whether it be weekly, bi-weekly, monthly, salary, hourly, commission based, or whatever the case may be. We are also very used to working with union employees and their wage rates/dues.
A typical scenario might go something like this. A client company wants to hand out their payroll checks to their employees on Friday afternoon for the previous week’s wages (we work a week behind, unless you are producing the checks in your office). We have a custom designed ‘turn around report’, which we set up upon client company sign up, that has every employee listed, along with their rates and blanks for the time to be written in (there can be as many jobs per employee as required). The client company fills in the hours for each employee and faxes the turn around report to us. The payroll is produced by our staff and put together into a Fed-Ex envelope. An invoice is faxed to the client, so they know how much the total for that week is going to be. The following morning, Fed-Ex delivers the payroll COD to the client. Since we require certified funds for payment of the payroll (remember, the total was known the day before), a certified check or similar payment is made to the Fed-Ex driver, the driver hands the envelope to the Client and the week’s payroll is done. Tax filings are made by AMS every Friday afternoon and the paychecks are guaranteed to be cashable upon receipt by the employee.
We usually request/suggest that there be a day buffer in the process between the client receiving the checks and actually passing them out. This helps in ensuring that if there is a problem of some sort, we can have an extra day to make sure the employee gets their paycheck. Having been in business since 1996, we have seen virtually every kind of conceivable setback in getting payroll to the client, such as weather delays, Fed-Ex trucks in accidents, etc. We like to make sure we have time to fix a problem, should it arise. That’s why in the scenario above (a Friday paycheck dispersion), we like to have the payroll faxed in preferably on Tuesday, or at least before noon on Wednesday, so we can process the payroll and have it delivered to the client on Thursday, so that should there be an issue, we have Thursday to fix it.
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