Partners PEO Jeopardy

Payroll

100

• How many worked hours in a week are considered qualified over time?

What is Greater than 40

200

• What deduction period almost has no benefits?

What is 3 = biweekly and 5 = weekly 

300

How long does it take for an employee to populate into TimeCO?

What is 15-20 minutes 

400

• How long are child support orders in effect?

What is Forever until terminated

500

• Where are certified payroll rates managed in Prism?

What is Under Projects 

HR

100

• This is the deadline for the employer to complete section 2 of the I-9.

What is Within 3 working days 

200

• This is the maximum carry over amount per year for HFWA?

What is 48 hours

300

• What is the accrual rate for Colorado mandated sick plan (HFWA)?

What is 1 per 30 hours worked

400

• This federal agency enforces anti-discrimination laws in the workplace?

What is the equal employment opportunity commission =

500

• This type of written offer, combined with a doctor’s statement confirming the work is within restrictions, can stop temporary wage benefits?

What is a Rule 6

Benefits

100

PEOs often allow small businesses to offer this type of retirement plan to employees.

What is a 401(k) plan

200

Federal law requires employers with 20+ employees to offer continuation of health insurance after termination.

What is COBRA?

300

This Policy requires Health Premiums to be paid the month before coverage start.

What is Month In Advance

400

This occurrence allows employees to enroll in benefits at any time of the year?

What is a qualifying event

500

• This is maximum allowed waiting period for eligibility for the HCA

What is 1st of the month following 60 days or higher

Accounting

100

• This event occurs when employee direct deposit is processed unsuccessfully?

What is a ACH rejection

200

This system prevents payroll checks to be cashed twice or incorrectly?

What is positive pay

300

• This form is used to report federal income tax, Social Security tax, Medicare tax withheld from an employee paycheck and the employer portion of Social Security and Medicare. The form is submitted quarterly.

What is a 941 form

400

• This form is an annual form used to report on the Federal Unemployment Tax liability.

What is a 940 form

500

• This type of benefit set up allows partners to collect more than what is cost for supplemental benefits

What is the supplemental benefits margin

General PEO

100

• What does the Acronym PEO stand for?

What is Professional Employer Organization

200

PEOs operate under this type of employment relationship where the client and PEO share responsibilities.

What is co-employment

300

• For federal tax filings in a PEO relationship, this FEIN is used instead of the client company’s

What is the Partners PEO FEIN

400

• This type of Client maintains their own tax identity through all tax filings.

What is ASO Client

500

PEOs can often reduce costs for clients by leveraging this type of purchasing power.

What is economies of scale