|
Payroll
Processing Costs
|
| +
Time Collection $24 - $48/ee per yr (Kronos) |
$ |
| +
Cost of payroll Clerk's
time per ee |
$ |
| + Cost of
Outside Payroll Service $51.76/ee (ADP) |
$ |
| +
Tax Filing Cost 940,941,w2,w3,1099 etc. $10/ee (ADP) |
$ |
| +
Misc. bank, check envelopes, delivery $7.50/ee (ADP) |
$ |
|
|
|
|
Employment
Related Legal Costs
|
|
| +
Employee Handbook or Policy |
$ |
| +
Routine Employee Legal Issues .25 hrs/ee |
$ |
| +
Record Keeping Cost 2 hrs/ee yr |
$ |
|
|
|
|
HR
& Benefit Administration Costs
|
|
| +
HR Compliance 2 hrs/ee yr (Dept. Of Labor) |
$ |
| +
Employee Relations & Services 17 hrs/ee yr (SHRM) |
$ |
| +
Safety, and Other HR Training 4 hrs/ee yr (SHRM) |
$ |
| +
Human Resource Systems and Filing |
$ |
| +
Core Benefits Administration 1 hr/ee yr (BLS) |
$ |
| +
Benefit Billing & Eligibility 1 hr/ee yr (BLS) |
$ |
| +
Retirement Plan Set-Up & Administration $50/ee yr |
$ |
| +
Cafeteria Plan Administration 1 hr/ee yr |
$ |
|
|
|
|
Risk
& Miscellaneous Costs
|
|
| +
Federal & State OSHA Compliance 10 hrs/ee yr |
$ |
| +
ADA, ERISA, EEO, ADEA, PDL, etc. 2 hrs/ee yr (EEOC) |
$ |
| +
Employee Turn Over Cost 6 hrs/ee yr |
$ |
|
|
|
|
Potential
Legal Costs
|
|
| +
Discrimination, Sexual Harassment, Wage and Hour etc. (GA Bar Assn.)
Average $90,000 each case |
$ |
|
TOTAL
PROCESSING COSTS: Per Employee Per Year
|
|