On January 10, 2017 a
Exhibit,Appendix
was filed
involving a dispute between
Robert Harris,
and
Abc Corps. 1 - 8,
Intimo, Inc.,
John Does 1 - 10,
Moris Zilkha,
Nathan Nathan,
Prestige Employee Administrators Ii, Inc. A K A Prestige Employee Administrators,
Prestige Employee Administrators, Inc. A K A Prestige Employee Administrators,
Tommy Nathan,
for Commercial - Contract
in the District Court of New York County.
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FILED: NEW YORK COUNTY CLERK 01/17/2020 03:01 PM INDEX NO. 650175/2017
7/12/2019 long Island Professional Employer Organization |PEO | Long Island PEO Company
NYSCEF DOC. NO. 179 RECEIVED NYSCEF: 01/17/2020
Prestige Exhibit F, Extract from Prestige Website
What is a PEO?
A Professional Employer Organization (PEO) partners with small to mid-sized businesses so they can o
er their employees
top tier bene ts, human resource and compliance services that are typically only available from large corporate employers.
A PEO delivers employee-focused services by establishing and maintaining an employer relationship with the employees at
the client’s place of business and by contractually assuming certain employer rights, responsibilities, and risk. This shared
employment relationship is called co-employment.
Prestige Employee Administrators provides your company with solutions to help grow your business by eliminating the need
to focus on the business of employment. Prestige has over 20 years of experience providing outstanding PEO services to
companies both locally and nationally.
Prestige helps businesses like yours
Prestige PEO provides the following core services:
Human Resource Services & Support
Payroll Services
Large Company Bene t Offerings
Risk Management & Compliance
It is di
cult for business owners to o
er a full-time sta
devoted to human resources and employment issues, accounting, payroll, bene ts or risk
management. When companies partner with a PEO they receive the dedicated expertise of professionals in each of these areas. They can o
er all
the above services to their employees while focusing on their core business.
Enhances Pro tability
https://www.prestigepeo.com/what-is-a-peo/ 1/2
FILED: NEW YORK COUNTY CLERK 01/17/2020 03:01 PM INDEX NO. 650175/2017
7/12/2019 long Island Professional Employer Organization |PEO | Long Island PEO Company
NYSCEF DOC. NO. 179 RECEIVED NYSCEF: 01/17/2020
By pooling the risk of small to mid-sized businesses together, PEOs are able to obtain more favorable pricing on medical insurance, workers’
compensation and other employee related bene ts that employers can retain and potentially share with their employees. PEOs enhance pro tability
by eliminating day to day transactions and focusing on the bottom line.
Advantages to Partnering with a PEO
Companies utilizing PEOs report that..
They grow 7-9% faster
Their employee turnover is 10-14% lower
Key Facts
Businesses that use a PEO are approximately 50% less likely to go out of business
Businesses that use PEOs can expect an annual median revenue growth of about 40% greater than that of comparable companies that do not partner
with a PEO
98% of business owners who partner with a PEO would recommend a PEO to a small business colleague
PEOs provide an estimated savings of about 21% in Human Resources Administration costs
Source: NAPEO.org
https://www.prestigepeo.com/what-is-a-peo/ 2/2
Document Filed Date
January 17, 2020
Case Filing Date
January 10, 2017
Category
Commercial - Contract
For full print and download access, please subscribe at https://www.trellis.law/.
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FILED: NEW YORK COUNTY CLERK 01/17/2020 03:01 PM INDEX NO. 650175/2017 7/12/2019 long Island Professional Employer Organization |PEO | Long Island PEO Company NYSCEF DOC. NO. 179 RECEIVED NYSCEF: 01/17/2020 Prestige Exhibit F, Extract from Prestige Website What is a PEO? A Professional Employer Organization (PEO) partners with small to mid-sized businesses so they can o er their employees top tier bene ts, human resource and compliance services that are typically only available from large corporate employers. A PEO delivers employee-focused services by establishing and maintaining an employer relationship with the employees at the client’s place of business and by contractually assuming certain employer rights, responsibilities, and risk. This shared employment relationship is called co-employment. Prestige Employee Administrators provides your company with solutions to help grow your business by eliminating the need to focus on the business of employment. Prestige has over 20 years of experience providing outstanding PEO services to companies both locally and nationally. Prestige helps businesses like yours Prestige PEO provides the following core services: Human Resource Services & Support Payroll Services Large Company Bene t Offerings Risk Management & Compliance It is di cult for business owners to o er a full-time sta devoted to human resources and employment issues, accounting, payroll, bene ts or risk management. When companies partner with a PEO they receive the dedicated expertise of professionals in each of these areas. They can o er all the above services to their employees while focusing on their core business. Enhances Pro tability https://www.prestigepeo.com/what-is-a-peo/ 1/2 FILED: NEW YORK COUNTY CLERK 01/17/2020 03:01 PM INDEX NO. 650175/2017 7/12/2019 long Island Professional Employer Organization |PEO | Long Island PEO Company NYSCEF DOC. NO. 179 RECEIVED NYSCEF: 01/17/2020 By pooling the risk of small to mid-sized businesses together, PEOs are able to obtain more favorable pricing on medical insurance, workers’ compensation and other employee related bene ts that employers can retain and potentially share with their employees. PEOs enhance pro tability by eliminating day to day transactions and focusing on the bottom line. Advantages to Partnering with a PEO Companies utilizing PEOs report that.. They grow 7-9% faster Their employee turnover is 10-14% lower Key Facts Businesses that use a PEO are approximately 50% less likely to go out of business Businesses that use PEOs can expect an annual median revenue growth of about 40% greater than that of comparable companies that do not partner with a PEO 98% of business owners who partner with a PEO would recommend a PEO to a small business colleague PEOs provide an estimated savings of about 21% in Human Resources Administration costs Source: NAPEO.org https://www.prestigepeo.com/what-is-a-peo/ 2/2