ESAC

The Alcott Group is a member of The Employer Services Assurance Corporation (ESAC). ESAC was established in 1995 and has become the nationally recognized entity for providing financial assurance as well as establishing responsibility standards and certification for the Professional Employer Organization industry.

ESAC's Client Assurance Program provides clients of participating PEOs with verifiable assurance that the Certified PEO is meeting important industry standards and is financially responsible. ESAC members are continuously monitored for adherence to important financial, ethical and operational standards. ESAC provides clients of member firms with a Certificate of Membership demonstrating independent verification of the member's performance of key employer responsibilities, as well as financial assurance of that performance.

Financial assurance is provided through surety bonds held on behalf of each ESAC member by the Employer Services Trust with a major national bank serving as Trustee. Clients of ESAC members also have the assurance of ongoing monitoring and verification of the member's adherence to important industry standards. Compliance with these standards is reviewed by a Board of Directors of industry leaders and distinguished former regulators along with independent professional advisors.

For additional information, please visit the ESAC web site at http://www.esacorp.org.