Oasis Delivers Cost-Saving Human Resources Solutions
Oasis Outsourcing developed a successful relationship with a publicly traded NYSE insurance company, providing comprehensive human resources solutions for its administrative support staff. The organization has realized significant cost savings as a result of Oasis now handling HR-related duties such as new-hire orientation, compliance issues, payroll and benefits administration.
The Challenge
A publicly traded NYSE insurance company was looking to cut costs in order to improve shareholder value. Outsourcing the human resources function of its large administrative support staff was a viable way for the company to achieve its goals. In addition, the company’s workforce was located in hundreds of sales offices throughout the country. With these challenges in mind, the company was seeking an established human resources outsourcing firm capable of handling HR-related responsibilities—including compliance issues—for approximately 1,000 of its administrative support staff located in various states with unique employment-related laws and regulations.
The Solution
Oasis was selected to partner with the insurance company. This enabled the company’s representatives to focus on the more strategic aspects of their business while Oasis handled such responsibilities as human resources compliance, payroll, benefits and risk management.
The company’s administrative employees have been seamlessly transitioned to the PEO employment model and are now provided with comprehensive, cost-effective benefits through Oasis. An off-site Oasis Service Team has also been created to manage the relationship on a national basis, providing consistent human resources services to hundreds of locations throughout the country. Additionally, specialized web-based reports can be generated on demand, allowing for access to key management metrics.
The Results
Oasis provides human resources services to approximately 1,000 administrative support employees for the insurance company on a national basis. Because Oasis oversees new-hire orientation, compliance issues, payroll benefits and other human resources responsibilities, the company was able to improve the management of key employment-related items while realizing significant cost savings due to the efficiencies and economies of scale provided by Oasis. The company now has the opportunity to focus on the visionary aspect of its core initiatives while Oasis oversees administrative staffing matters.
