eba human resoure challenges 1
TRANSCRIPT
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Outsourced HR Solutions for
Small & Medium Sized Businesses
presents
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Human Resources responsibilities:◦Employee administration ◦Payroll◦Legal compliance ◦Risk management◦Tax reporting◦Employee Benefits◦Workers compensation◦Training
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Government Rules &Regulations
BenefitsCosts
HR Compliance & Reporting
Employee Administration
INCREASED!
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Up to 25% of business owner’s work Up to 25% of business owner’s work activitiesactivities
US Small Business Administration. NAPEO websiteYou can put your trust in EBA
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Costs have more than tripled since 1960
To fund required programs:◦Social Security◦Medicare◦Unemployment
Insurance
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0
10
20
30
40
50
60
70
80
1980 1990 2000
Number of U.S. Labor Laws/Regulations Grew by 67%
US Small Business Administration, NAPEO website You can put your trust in EBA
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0
5000
10000
15000
20000
25000
30000
2009 Next Decade
Avg Annual Cost
Family Health Insurance Per Employee
More More than than doublesdoubles!!
Time Moneyland, “Health Insurance Premiums Up 131% in Last Ten Years” Sept. 16, 2009Time Moneyland, “Health Insurance Premiums Up 131% in Last Ten Years” Sept. 16, 2009You can put your trust in EBA
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<20 Employees
20-499 Employees
>500 Employees
$7,647 $5,411
$5,247
Based on average annual cost per employee
““The Impact of Regulatory Costs on Small Firms,” W. Mark Crain, Lafayette College, Easton, PA, published by U.S. Small Business Administration Office of Advocacy, September 2005 2005You can put your trust
in EBA
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Professional Employer Organizations (PEOs) Will Help Businesses To:◦ Preserve corporate brand reputation◦ Promote system-wide HR compliance ◦ Implement risk management policies and
procedures◦ Advise on workers compensation and other
insurance protection◦ Mitigate employment lawsuits and liability◦ Focus on core competencies and business
growth
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Save Time&
Money
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Expert HRSystems &
Support
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Improve Recruiting &
Retention
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Expanded Benefits &
Lower Rates
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Employee Benefits
Payroll & Tax Administration
HR Compliance
Employee PerksRetirement Benefits HR TechnologyRecruiting
Workers Comp & Risk Management
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To do more of what you enjoy!
At work At playAND
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Call EBA for a free consultation today!
301-588-2144
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