WSC began operations back in 1991 as a human resources, risk
and payroll consulting boutique catering to the needs of small and mid-size employers. In 2003, WSC's Board of Directors
decided that the time had come for the company to incorporate. This decision was based on the fact that it's CEO; Jeff Stevens,
Ph.D. devised a new industry, the Workforce Solutions Organization (WSO) as well as the growth pattern and the business world's
interest in this industry.
The concept of the WSO came about after several years of various research efforts that
studied the impact and return-on-investment (ROI) of various consultative and "co-employment" relationships. To this point,
overall impact of consultative and "co-employment" has not met goals or expectations of clients not what has been advertised
by the various entities. As such, a research team led by WSC's CEO created a concept that would offer a wide array of business
solutions to small and mid-size employers and the WSO was born. The WSO would offer these services on a customized flat monthly
rate as opposed to the current basic cookie cutter services offered as a percentage of payroll. It is important to note that
the WSO is not an insurance broker nor a PEO or co-employer. Simply put, the WSO is a low cost, high service partner for
small and mid size employers. The WSO is similar to a PEO in that it offers a full menu of HR, risk and payroll services.
However, the WSO differs from a PEO in many key aspects.
1. The WSO does not co-employ as the proposed relationship
does not truly exist. Further, this allows the client to truly maintain control of its employees instead of placing them
into a bureaucratic quagmire. 2. The WSO truly customizes its services and documents to meet the particular needs of
its clients. Further the documents have the client's name on them and not the WSO's. 3. The WSO also conducts general
business functions for companies, such as business assessments and strategies, supply chain, quality control and operations
manuals, among others. 4. The WSO fees are much less than those charged by the PEO. Further, this low fee allows the
client access to the extensive Menu of Services detailed later in this proposal.
From it's humble beginnings as
sole proprietor boutique that began in 1991 and has blossomed into a full fledged human capital and business processes provider.
Currently WSC finds itself working with companies in 11 states as well as Taiwan, Mexico and China.
WSC is a Workforce
Solutions Organization that provides a wide array of human capital and general business solutions on both an outsourced as
well a product and/or service partner. This emerging industry has been very favorable compared to the Professional Employer
Organization in that it provides more services with less cost and bureaucratic entanglements.
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Who We Are ==========
WSC is an eclectic group of
highly skilled, innovative professionals who bring a diversity of backgrounds to this emerging industry. This group of dedicated
professionals composes the unique molecular corporate structure that is WSC. This structure allows WSC to utilize professional
mothers who prefer to work from their home and semi retired professionals who much talent and wisdom to WSC as well as other
leading edge professional to excel in this molecular corporate structure. The corporate structure utilized by WSC places it
in a position to out perform it competitor along with providing fast moving flexibility.
Financials and Benefits =======================
Financial
Process
WSC - The company has been profitable dating back to it's inception in 1991. The company has been able accomplish
this feat by keeping its overhead lean while delivering first rate service to its customers. Further, this strategy has allowed
WSC to keep the cost to its clients very low as it is an objective of WSC to serve its clients and not be served by their
clients.
Client - The client will pay a one (1) time enrollment fee and a flat monthly rate for the services listed
in the Menu of Services contained within this proposal. This is a much more client friendly structure as opposed to the percentage
of payroll being charged by most PEO's. WSC feels comfortable in that the fee it charges for Fortune 500 services is well
below what other outsourced entities would charge as well as the overhead for internal employee costs and overhead as it relates
to WSC Menu of Services.
Benefits
As your outsourced benefits department, WSC will customize the benefits plan
you desire. The approach we take to this process is to use innovation to increase coverage and options while driving the cost
to the employer and employee down. WSC is confident that its leading edge benefit plans will fit your needs.
WSC can
also develop a business insurance plan for your company. By creating this plan along with the employee benefit plans will
allow the management of the insurance plan to become a one stop process that will reduce the time your company spends on this
item. Further the one stop concept can often drive the overall cost of benefits down by implementing economies of scale.
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Implementation ==============
Getting started with
WSC is really quite simple and is driven by the client's time frame and a "cookie cutter" timeline set by WSC. The implementation
takes shape in the following manner:
1. Client selection of proposed benefits package. 2. Client selection of payroll
solution and pay cycles. 3. Client & WSC setting of a start date. 4. Set up employee information session. - W4 -
Employee Information - Employee P-File Checklist - Worker's Compensation Notice - HIPAA/COBRA Notice - Employee
Acknowledgement of Employer processes - Benefits enrollment 5. WSC Employee information session forms review and corrections,
if necessary 6. TBD Payroll set up 7. Quarterly Critical Path Process set up in keeping with START Menu of Services -
This will repeated each quarter 8. Payroll and benefits plan implemented. 9. Quarterly Critical Path Process items
are started.
We're off and running!
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