FMS Model
Sole Employer
The FMS Sole Employer model allows participants to manage their employees and caregivers directly while the FMS provider handles specific administrative tasks. Here are the key characteristics
- Participant as Employer of Record: The participant remains the employer of record, meaning they are responsible for workers' compensation insurance and other employer-related decisions.
- Onboarding and Salary Management: The FMS assists with onboarding employees and caregivers and ensures proper salary processing, but the participant retains ultimate control over employment decisions.
- Employer Taxes Management: The FMS manages payroll taxes, including Social Security and Medicare, ensuring compliance with tax regulations.
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