When you’re building a business, you need all the help you can get. This is especially true of your non- core functions. For tasks that don’t bring in revenue, you may be able to save time and money by outsourcing them. Let us know which of these back-office services you need help with.
Workforce solutions involve integrated processes used to optimize individual, departmental and company-wide productivity. Examples include time and attendance tracking, talent management, benefits administration and performance monitoring. Employee skills are matched to specific tasks to quantify the amount and types of labor necessary to complete jobs on a daily or hourly basis. By utilizing workforce solutions, your company retains the proper level of staffing to maintain productivity and maximize profitability.
Employer of Record
Partnering with an employer of record (EOR) provides your company multiple benefits. Firstly, your organization will have fewer administrative tasks because the EOR takes on payroll and benefits administration. Second, your business can offer better benefits, such as health insurance and a retirement plan, because the EOR provides them. Additionally, your company can save money through lower health, workers compensation, and unemployment insurance costs. Furthermore, your organization gains legal compliance because the EOR’s HR professionals remain current and compliant with regulatory laws. Plus, your business reduces its legal risks because the EOR carries civil defense and employment liability insurance.
Payroll administration includes all tasks involved with paying your employees. It involves keeping track of hours worked, ensuring proper amount of pay and withholding and processing taxes. Because of the complexity involved, and the potential for expensive errors, payroll administration is best handled by trained experts with an efficient system in place.
Payroll funding is one method of ensuring your employees get paid on time. Because your business may wait months for invoices to be paid, it’s important to have funding in place to cover your payroll. Rather than waiting for a bank loan to be approved, which may take a long time or not be an option, you can exchange your invoices for a loan, pay your employees, collect the money for your invoices, and pay off the loan.
Workers’ compensation insurance can be costly for a small business. Fortunately, when you partner with USA Staffing Services, we provide the insurance and process the claims and medical bills for all our temporary employees.
Reach Out to USA Staffing Services
For the answers to your back-office needs, reach out to USA Staffing Services!