THE OUTSOURCE
ADVANTAGE

With
Burton Placement Services

SAVING MONEY BY OUTSOURCING

To fully understand the economic advantages of outsourcing payroll and finance functions, it is necessary to compare the various costs of a company doing this themselves versus the cost of outsourcing.  Some costs are easily identifiable but other costs may have to be assumed.

Let us look at the cost of having one full-time employee, such as an office manager, spending 8 hours per week performing payroll functions for a company with 20 employees, at an hourly wage of $12.00.  We will assume that outsourcing will reduce this time spent to 2 hours per week.

COMPARE TO

TOTAL WEEKLY SAVINGS!                   $45.64

TOTAL ANNUAL SAVINGS!                   $2,373.28

The cost savings would be even greater if time worked was overtime.  We can assume that time  saved by the office manager would be spent in a more productive way that helps build business for the company.

EVERYONE IS A WINNER!  Companies are more competitive because they are operating more efficiently.  This illustration does not consider potential savings from the reduced risk of late tax filings, incorrect payrolls, or non-compliance with wage or tax laws.  

	Base Services quarterly tax preparation and filing # of Employees Weekly Bi-Weekly Semi-Monthly 1 to 15 $20 + $1 per employee $25 + $1 per employee $30 + $1 per employee 16 to 35 $25 + $1 per employee $30 + $1 per employee $35 + $1 per employee 36 to 50 $30 + $1 per employee $35 + $1 per employee $40 + $1 per employee over 50 $35 + $1 per employee $40 + $1 per employee $45 + $1 per employee
	Businesses constantly strive for efficiency in today's economy.  Having certain functions of your business handled by an outside source - OUTSOURCING - is a proven way to bring efficiency to companies large and small.  Not only is money saved, the functions are often done better and the business can then focus on the activities more pivotal to its operation.  Payroll and other finance functions are processes offering tremendous advantages to a business when outsourced. Listed below are a few of the outsourcing advantages: Privately, locally owned. Deal with well-trained, professional employees familiar with your business. Experienced with paying over 500 employees every week, preparing and filing all tax reports. New Hire reporting and Unemployment Compensation management. Member of the American Payroll Association. Customized to meet your payroll schedule and the other needs of your business (special reports, electronic tax payments, overnight delivery). Service and reporting blend well with your accounting system. Experienced with paying over 100 vendors every month. Processing W-9's and 1099's. Let us take the burden of payroll from you, giving you and your staff more time and energy to devote to what you do best, running your business.
	Base Services Includes payroll checks, reports, quarterly tax preparation, and filing # of Employees Weekly Bi-Weekly Semi-Monthly 1 to 15 $20 + $1 per employee $25 + $1 per employee $30 + $1 per employee 16 to 35 $25 + $1 per employee $30 + $1 per employee $35 + $1 per employee 36 to 50 $30 + $1 per employee $35 + $1 per employee $40 + $1 per employee over 50 $35 + $1 per employee $40 + $1 per employee $45 + $1 per employee ADDITIONAL SERVICES W-2s, Annual Preparation & Filing $30 + $2 per employee Overnight Delivery Based on location Electronic Tax Payments $6 per processing New Hire Reporting $5 per report Workers' Compensation Reports $5 per report Labor Distribution Reports $5 per report Vacation/Sick Accrual Reports $5 per report Unemployment Comp Mgmt. $25 per case Account Payable Checks & Reports $50/month + $1 per check paid   1099s, Preparation & Annual Filing $30 + $2 per vendor Invoicing Based on complexity Accounting & Controllership Service $35 per hour spent If you are interested in learning more about the Outsource Advantage program with BP, click on the dollar sign.