63: Hidden Employer Costs
Your best option, as a small employer, is to join a Professional Employer Organization. Do you know how much your “all-in” cost is to employ someone? It’s much more than you think. The obvious costs are wages, payroll taxes and insurance premiums. What’s not so obvious are your administrative expenses. Even before you hire someone…
About the author, Thomas
I have 20 of years insurance industry experience in C-level management, focusing on all aspects of workers compensation, risk management, loss control, employee benefits, HR, payroll and professional employer organization (“PEO”) operations. Currently, I am the owner and CEO of Humanly HR, and founder and host of SmallBiz Brainiac; a podcast providing employer intelligence to small business owners.