Page 4 - The Chamber Business Road Map
P. 4
Businesses with fewer than 20 employees pay 60% higher compliance costs.
— U.S. Chamber of Commerce
Components of Employee Administration That Effect Your Business
Employee administration is estimated to consume 25-35% of a business
owner’s time.
— U.S. Small Business Administration
Human Resource Management
Review Employee Performance Hiring and On-boarding Employee Termination
Review Employee Applications Check References
Drug Testing Administration Background Checks
Immigration Compliance Services I-9 Management / Filing W-4 Government Compliance Employee Handbook
Annual Employee Policy Reviews Legal Advice on Employee Issues Harassment Claims Discrimination Claims Employment Agreements
Workers’ Compensation
Safety Training
Claims / Risk Management Return to Work Programs Premium Payments
OSHA Audits
Employee Benefits
Healthcare Plans
Dental / Vision
Life / Disability Plans
Employee Deductions
Open Enrollment Administration Employee Inquiries
Claims Assistance COBRA Administration Payment of Premiums Invoice Reconciliation
Other Fringe Benefits
PTO
Employee Assistance Program (EAP) 401(k) Administration
Section 125 Administration Employee Discounts
Flexible Spending Accounts
Payroll Administration
Report Hours / Salaries
Compute Pay & Tax Withholdings Compute Deductions
Process Payroll
Reconcile Accounts
Track Eligibility Dates Employment Verification Court-Ordered Payments Immigration Audits
Davis-Bacon
Certified Payroll Reports
Payroll Taxes
SUTA / FUTA Computations State / Federal Withholding 940 Filing
941 Filing
Produce W-2s & Mail Penalties
IRS Payroll Audits
Management Supervision
Pay Changes
Hiring / Terminations Overtime Approval Discipline Notices Industry Training Management Selection