COSTS THAT DRAIN FINANCIAL RESOURCES & INCREASE RISK
Businesses around the world struggle every day without the knowledge and resources; working towards solutions to create efficiencies that will positively impact the bottom line. Cost of human capital is often the greatest financial impact to a business for salaries, compensations and bonuses. Additionally, unforeseen costs and risk due to absenteeism, sick leave, unemployment claims, workers comp claims, sexual harassment allegations, etc., that can cause additional financial downward pressures; negatively impact the bottom line. A business operator can only estimate or project these costs and risks but may be surprised that when the time comes, both surpass the estimations and projections .
STAFFWORK completely removes the costs and risks out of the equation and give those resources back to the bottom line.
DID YOU KNOW ?
In a report released by the U.S. Department of Labor, Bureau of Labor Statistics, on December 14, 2018:
- Private industry employer costs for paid leave averaged $2.41 per hour worked or 7.0 percent of total compensation.
- Supplemental pay averaged $1.32 or 3.8 percent.
- Insurance benefits averaged $2.74 or 7.9 percent.
- Retirement and savings costs averaged $1.35 or 3.9 percent.
- Legally required benefits averaged $2.66 per hour worked or 7.7 percent.
Think of all you could do with the capital now available to you by partnering with STAFFWORK!
REDUCE RISK & TAKE BACK CONTROL
While working with STAFFWORK, during the onboarding process, you will have the opportunity to identify and make hiring decisions as you would normally. You will have complete control of which candidates you believe will fit your unique requirements from day 1; they are your staff! Additionally, you will have unimpeded access and control over every aspect of your staff, we just assist with managing your expectations with our talented and trained supervisors who will be your eyes and ears making sure your objectives and directives are being met. Of course, should you decide to change course or modify any aspect of the workflow, we are always available to provide our suggestions and support you in any decision-making process. Consider STAFFWORK a member of your work family!