Tri-net
Who is the CEO of Tri-Net
Mike Simonds
What does "PEO" Stand for?
Professional Employer Organization
Who do we mainly serve at Tri-Net?
Small to Medium sized businesses (SMB)
What are the 3 main types of benefits we offer?
-Medical
-Vision
-Dental
What does RFP stand for?
Request for Proposal
When was Tri-Net founded?
1988
As a PEO we serve as a/an "___ _ ____" with the company in terms of payroll and taxes.
Employer of Record
What is our ideal WSE count to sell to? (Knowledge Check)
5-150 WSE
What 2 services does TriNet Zenefits tech platform merge?
Payroll and Benefits
What is the term for money being taken out of your account for taxes?
Deductions (Withholdings)
What year was Tri-Net publicly traded?
2014
What are the main 5 "umbrella terms" that a PEO offers, (HINT: Payroll is one)
1. Payroll
2. Risk Mitigation
3. Benefits
4. Tech Platform
5. HR Expertise
What are the 6 verticals we serve?
-Non-Profit
-Main Street
-FinServ (Financial Services)
-Life Sciences
-Technology
-ProServ (Professional Services)
What are the 4 major insurance plan types?
PPO
HMO
HDHP
EPO
What does ICP stand for, and name 3 traits of our ICP.
Ideal Client Profile
-Funding
-Targeted WSE count (differs)
-No internal HR
-ETC
What is Tri-Nets Business Model?
Co-Employment Model
Who is the Client, when it comes to PEOS?
The Company itself
What is a Naics code and what does it stand for?
6 digit code used to classify businesses by industries, (North American Industry Classification System)
What is the minimum amount TriNet requires the employer to pay of the Health Plan for their WSE?
70%
Name 5 examples of a Sales Trigger
Whats a good estimate of WSE we service through Tri-net?
300-350k
Who is the customer when it comes to a PEO?
Worksite Employees (WSE) + Owner
What are the 4 monopolistic workers comp states?
North Dakota
Ohio
Washington
Wyoming
What is the minimum participation required for TriNet to sponsor an employers health plan?
50%
What makes Exchange 11 different from the other exchanges?
Exchange 11 does not include/use TriNet Medical Plans