|
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 Turnover Cost 6 hrs/ee yr |
$ |
|
|
|
|
Potential
Legal Costs
|
|
|
+
Discrimination, Sexual Harassment, Wage and Hour, etc. (CA. Bar Assn.)
Average $90,000 each case |
$ |
|
|
|