Hidden Labor Cost Savings
On average, companies that use BSSI save between 20% to 45% in
total labor costs associated with hiring full time employees.  These
savings can be seen through the elimination of expenses such as
medical coverage, employee benefits, workman comp, payroll
taxes, and human resource costs.

For Example: (values listed below as % mark-up over base pay rates)
GOVERNMENT TAXES
 LOW
 HIGH
FICA & MEDICARE
 7.65%
 7.65%
STATE UNEMPL. (SUI)
 1.20%
 5.50%
FEDERAL UNEMPL. (FUI)
 0.80%
 3.50%
PERSONNEL ADMIN. COSTS
    
PAYROLL CHECKS, W-2'S, ETC.
 2.50%
 5.00%
RECRUITING COSTS
 2.50%
 5.50%
TERMINATION COSTS
 0.50%
 2.50%
UNION COSTS AVOIDANCE
 0.50%
 2.50%
INSURANCE COSTS
    
WORKERS COMP. COVERAGE
 3.00%
 10.50%
LIABILITY & PROFESSIONAL
 2.00%
 4.50%
HEALTH COVERAGE
 12.50%
 40.00%
EMPLOYEE BENEFITS
    
HOLIDAY PAY
 2.50%
 4.00%
VACATION PAY 1- 2 WEEKS
 2.50%
 6.00%
401K, PROFIT SHARE, RETIRE.
 5.00%
 20.00%
SICK DAYS, PAID TIME OFF
 2.00%
 4.00%
TOTAL % Mark-Up Over Base Pay
 45.15%
 121.15%
START PAY FULL TIME
 $8.50
 $8.50
TOTAL EMPLOYEE COST
 $12.34
 $18.80
BSSI BILLING RATE
 $10.50
 $10.50
ANNUAL COST DIFFERENCE PER EMPLOYEE
 $3,822
 $17,259
NUMBER OF EMPLOYEES
 20
 20
TOTAL ANNUAL SAVINGS  
 $76,450
 $345,186
TOTAL % COST INCREASE TO USE     
PERMANENT  EMPLOYEES VS. BSSI  
17.50%
79.03%
BSSI       It Just Makes Cents!
© 2004-2008 Barton Staffing Solutions, Inc.  All Rights Reserved