AdvanTech Follows PEO Trend to White Collar

Tampa, Florida-based AdvanTech Solutions(SM), a Professional Employer Organization (PEO) in business since 1999, announced yesterday that the organization is repositioning itself as a Human Capital Management Company. The business model of the "old economy" PEO has historically been driven by maximizing the arbitrage inherent in the health and workers' compensation insurance markets. The recent hardening of these insurance markets has removed these past margin opportunities, challenging the PEO industry to develop a different value proposition which delivers value-added human capital service...