Modern Business Associates Details:
Description
About MBA
Founded in 1997, Modern Business Associates, Inc. (“MBA”) is one of the largest privately held PEO and HR outsourcing companies in the United States (including Colorado). MBA offers customized payroll, tax, benefits, risk management and HR administrative solutions that are designed to give business owners flexible, cost-efficient alternatives. Our comprehensive suite of services effectively removes the burden of non-revenue producing tasks and provides invaluable time and money savings.
With an unyielding dedication to delivering accurate and on-time solutions, our experienced team members serve more than 30,000 employees across the country in diverse industries representing restaurants and hospitality, professional services, healthcare, construction, manufacturing, distribution non-profit and education. Headquartered in St. Petersburg, FL, MBA partners with organizations ranging in size from small businesses to large corporations and multi-unit franchises.
Our Differentiators
In the highly competitive PEO and HR outsourcing industry, MBA truly stands apart from other providers. Here’s how:
PEO vs. HRO: MBA Provides Flexible Solutions
MBA offers two types of relationships with our clients: Professional Employer Organization (PEO) and Human Resources Outsourcing (HRO).
PEO and HR Outsourcing Services:
Professional Employer Organization (PEO)
MBA’s PEO arrangement supports businesses through a co-employment relationship. Employees become, for certain purposes, employees of both MBA and our clients. Our client retains sufficient control of all daily employee activities, while MBA is designated as the employer of record for tax paying and workers’ compensation insurance purposes. In this relationship, wages and payroll-related taxes are reported and paid under MBA’s federal ID number.
Human Resources Outsourcing (HRO)
A HRO arrangement is also a close one between our clients (the business owner), their worksite employees and MBA; however, MBA does not have a co-employer relationship with worksite employees. MBA serves as an HR consultant. Clients receive administration assistance, but unlike in a PEO arrangement, a co-employment relationship is not established. All insurance products are client based, and employment-related taxes are reported and paid under the client’s federal ID number.
Features
Local HR Resource (that can make trips to your location)
HR Guidance by Phone
Online HR Resources
Call in Payroll option
Online Payroll option
Fax Payroll option
Training - Compliance (diversity, harassment etc)
Training - Employee & Management Development
Online Benefits Enrollment
Employees can make online changes (direct deposit, birth of child etc)
Recruiting Offering
Performance Management Offering
Integrated Timeclock or Attendance System with Payroll
Strategic HR Consulting (employee development, ethics, compensation ..others)
Allow you to offer your own benefits (different from a traditional PEO)