Save time and money so you can increase your focus on your credit union’s current and prospective members by allowing Collaborative Office Solutions (COS), a wholly owned subsidiary of Plexcity, a Cooperative Association, to handle your credit union’s benefits, payroll, and other Human Resource functions.
COS is a Professional Employer Organization (PEO): a company that provides servicing under which an employer can outsource employee management tasks such as employee benefits, and payroll.
How COS Works
Through a “co-employment” agreement, COS becomes the employer-of-record for tax purposes, filing paperwork under our own identification number. The credit union client continues to direct and manage all aspects of the employees’ activities. We handle the work, you stay in control.
By using COS as your PEO, your credit union can save on the time and staff needed to prepare payroll and administer benefits plans. Your credit union can focus more energy on member service, and potentially offer a better overall benefits package that attracts more skilled employees.
ToThe benefits package includes:
• Large group (more than 51 employees) rates for employee benefits
• Online open enrollment
• Payroll processing
• Access to a sophisticated Human Resource Information System (HRIS)