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What is your investment in your employees?

Let us assume you hire someone and pay them $11.00 per hour ($22,880 annually).

$11.00 71.9% Hourly wage rate
1.27 9.1% Legally required benefits
.98 6.4% Paid leave
.43 2.8% Supplemental pay
.99 6.5% Insurance
.47 3.1% Retirement & savings
.03 0.2% Other benefits
$15.29

100%

Actual cost of $4.29 per hour
in addition to the primary cost 
of $11.00 per hour *
If the employee works out long term, your company takes on the costs of ongoing insurance, training, payroll/direct deposit, time missed from work, and employee supervision and management.  Very conservatively, these expenses cost your company another $1.65 per hour (15%).

Fact: 1 in 6 employees leaves during the first 2 months of employment. 

What does this mean to you?

If the employee does not work out, unemployment, worker's compensation and other liabilities can be hidden expenses that cost your company a great deal of money.  We can payroll service this person for less than your own company while offering medical, vacation, holiday pay and additional benefits.  We can also provide management assistance and free software training for this employee.  This saves you time and money and allows you to focus on your business.

Are you interested in saving time and expense?  Contact your local branch today for more details.

* Figures are based on recent figures released by the U.S. Department of Labor Bureau of Labor Statistics

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