Connections Groups

The Business Networking & Social Organization for Central Florida

We typically save our customers 30-40 %  of their employment costs utilizing HR Outsourcing. We take on the liability of compliance with governmental regulations.  We provide small businesses sized from 5-200+ employees  with the expertise of an HR expert, Payroll Administrator, Benefits Administrator and a Safety Engineer/ Workers Compensation Specialist for a fraction of the cost of one employee. The US Dept of Labor estimates that by 2020 80% of companies employees will work for an HR Outsourcing company.  

We also provide access to Health Care Benefits and a 401 K Plan. 

We take care of the time consuming activities related to payroll; auditing, workers comp etc. 

With Mandantory National healthcare  coming you will need to check out ALL your options.

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Replies to This Discussion

On the surface, it may seem like the hiring process you currently have will cost less than hiring pre evaluated personal. However, there are many hidden costs that you may not have factored in. To begin, every employee that a business hires has mandatory costs associated with that individual.

Phil is right regarding outsourcing and the following stastics confirm it.

• 12%+ social security, unemployment insurance and worker’s compensation
• 10% for paid time off (vacation, holidays and sick days)
• 8% subsidized benefits plan that includes: health insurance, life insurance and 401k contributions
• 6-7% system to keep accurate records for each person, a way to distribute payroll and insurance in case this employee sexually harasses another
This totals to about 40%: which is the cost above the employee’s basic wage.
This is before you have even spent a dime to recruit, train, or retain this person.

Communication & People Issue Resolution
Human Resource Management & Employment Assessment Solutions

Cheney Business Consultants, LLC
Strategic Partners of Profiles International, Inc


www.cheneybusinessconsultantsllc.com
We provide information for Business Owners and Executives that
enables them to make better decisions regarding people issues.

Cheney Business Consultants, LLC has teamed with Profiles International in order to help organizations create high-performing workforces. Profiles International is the world leader in selecting and developing high-performance workforces through innovative human resource management solutions. We offer a comprehensive suite of employment assessments that help companies gain a competitive advantage by selecting, hiring, retaining and developing great talent. Our assessments provide employers with information used for hiring, promoting, succession planning, 360-degree feedback programs, management development, training, motivating, improving customer service, and other employment issues.

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