Do you know what you spend on managing your employees? Do you know your TRUE employment costs?

We’re not only talking about your payroll processing fees and health insurance premiums here. The Small Business Association (SBA) Office of Advocacy reports than, on average, small employers with fewer than 500 employees spend over $5000 per employee in compliance costs. This is $2400, or 45 percent, more than there larger counterparts.

So do you know what you are spending? Click here to find out!

Consider the following costs:

1. Maintaining all employee files and documentation
2. Responding to employee questions and complaints
3. Management and employee training
4. Risk Management and safety
5. Shopping and managing Workers’ Compensation
6. Administering employee benefits
7. Paying payroll and payroll taxes

These are just a few of the dozens of functions with which all employers must grapple, all the while trying to improve sales, watch overhead, and remain profitable. Click here to calculate your true Employment Costs.