Page 7 - Smart Solutions Guide

CONSIDER
THE COSTS
The Small Business Administration (SBA) and the Society for Human Resources Management estimate that small employers with less than 500 employees spend between 3% to 9%
of gross payroll on distractions and lost opportunities.
With just two employees at $2,000 each per month, this equates to at least $120 all the way
up to $360 per month. Way more than the cost of letting PRO Resources do all this work for you.
Therefore if you outsource to PRO Resources, you will actually spend less money out of your bottom line profits by outsourcing, than by doing it yourself.
Your True Costs Entail All The Time And Money Expended In Performing The Following:
• Employer Compliance issues with all federal, state and local laws
• Payroll administration and reporting
• Personnel file maintenance
• Shopping for your various insurance requirements
• Employeequeriesaboutpayroll, insurance, benefits, corrections, etc.
• Associatedcomputer,printer,software, upgrades and support specialists costs
• Trips to the bank and bank per-check fees • Costs of paychecks, envelopes,
mailings, etc.
• Various types of claims
• Audits
• Training bookkeepers and administrators
• Downtime of office staff
• Fines from compliance violations
• Late fees
• Legal fees and time coordinating with legal counsel
• Penalties
• Employee litigation, etc
• W-2’s and W-3’s
• Filing court ordered garnishments and tax liens
• Procurement of legally required postings
• Developing employee handbooks
• Development and implementation of safety programs
• Return to work program development and administration
• Employment Verifications
• Child/Medical Support order processing
• Record-keeping of all types
• Tax filings
• Costs of turnover, recruiting and training new administrative hires