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Client Background

Industry:
Pharmaceuticals
Location:
Offices in 8 States
Employees:
600

PEO Exit Services – Pharmaceuticals

Guiding a Growing Pharmaceutical Company Through a PEO Exit

OVERVIEW

Image 1 - PEO Strategy

A growing pharmaceutical company had reached the decision to exit their current PEO relationship after significant headcount growth. The client sought assistance transitioning away from a bundled PEO setup and establishing service relationships with new vendors but lacked the internal resources and expertise to establish and build HR processes and structure. They also did not have the team capacities to source new vendors on their own.

The experts at OperationsInc jumped in to help guide the client through their PEO exit and provide HR strategy and planning assistance during the transition.

SOLUTIONS

The HR professionals at OperationsInc provided this client with the following solutions to aid their PEO exit: 

  • Conducted a comprehensive audit of the existing PEO setup to identify where gaps would exist upon exit
  • Documented and delivered guidance on how to address gaps identified in the audit, including recommendations on HR policy, compliance considerations, and future vendor support
  • Delivered a slate of vendors for consideration, including our feedback tied to vetting and assessing each potential partner
  • Worked closely alongside new vendors selected as each service area was transitioned to ensure no gaps in coverage
  • Provided on-demand Senior Escalation Support for the HR team throughout the transition
  • Developed and rolled out a new employee handbook reflecting updated policies and procedures

OUTCOMES

Thanks to the efforts of OperationsInc, the client was successfully migrated to an “unbundled” service model with minimal disruption or incident. Our experts identified and addressed critical HR-related compliance and best practices issues, best serving the client’s employee base while reducing the client’s liability and exposure. The client’s HR team was able to smoothly manage ongoing support needs during the entire transition process and successfully exited the PEO.

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Learn More About OperationsInc's PEO Exit Services

To learn more about OperationsInc's PEO Exit Services, contact us at info@OperationsInc.com or (800) 307-5513.