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How much does it actually cost me to administer my employees?

Non-productive administration can be a "hidden cost" to most businesses. However, the following chart was compiled with data from the U.S. Department of Labor, the U.S. Chamber of Commerce and the U.S. Small Business Administration.

The chart shows employee administration expenses as a percentage of gross payroll. It considers all costs and time involved in administering employees, handling payroll, workers' compensation administration, unemployment administration, employee benefits administration, remaining compliant with current employment regulations, etc.

Number of Employees 1-9 10-24 25-49 50+
Average Administration Cost 12% 10% 8% 6%
Source: U.S. Department of Labor, the U.S. Chamber of Commerce and the U.S. Small Business Administration

And that does not include the amount of additional revenue you could have brought in while YOU spent your time dealing with employment issues!

Your HR Responsibilities Now
Payroll Taxes Insurance Supervision Hiring / Firing
  • Report Hours
  • Write Checks
  • Compute CPP
  • Compute EI
  • Compute Pay
  • Compute Deductions
  • Reconcile Account

Track:

  • Vacation, Sick Pay
  • Eligibility Dates
  • Probabtionary Period
  • Management Reports
  • Employee Verification
  • Garnishment
  • Child Support Payments
  • Provincial Tax
  • Federal Tax
  • T-4
  • T2200
  • TD1
  • Quarterly Payment
  • Province Unemployment
  • Payments
  • Penalties
  • Worker's Compensation
  • Health
  • EHT
  • Life
  • Dental
  • Claims
  • Negotiations
  • Form 7's
  • Pay Premiums
  • H&S Prevention
  • ESRTW Programs
  • JHSC
  • Pay Negotiation
  • Overtime

Review:

  • Management Reports
  • Employee Handbook
  • Dept. Costs
  • Discipline Notice
  • Product Costs

Review & Process:

  • Interviewing
  • Employee Application
  • Assignment
  • Termination

Prepare:

  • Discharge Notice
  • Notice
  • Advertising
  • Screening
  • ROE
  • References

This is what we can reduce your responsibilities to:

Proposed
Payroll Taxes Insurance Supervision Hiring / Firing
  • Report Hours
  
  • H&S
  • JHSC
  • Discipline Notice
  • Recruting
  • Assignment


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