Staff Leasing

[Jims5543]

Anyone use it?

Good. bad, ugly?

I am being pressured by my financial advisor to try it and I am not one for handling control of my employees over to an outsource.

I am 3 weeks from starting and I am considering cancelling the policy. I have already caught the salesman in a lie as far as availability of health insurance. That 1 lie as far as I am concerned is already 1 too many.

I also have to wonder if the 15K a year fee they are charging is worth it. They claim to be saving me 7.5K in work comp and futa but I dont see it.

[Steeve]

What kind of stuff are you going to be outsourcing? Data entry, or what?

[Jims5543]

Maybe outsource was a bad choice of words.

I basically no longer hand my employees a paycheck. I pay a lump sum to this company and they pay them. Its supposed to afford a small business owner like myself more benefits to my employees. Unfortunatly what the salesman was calling "Health Insurance" is turning out to be supplemental health. Not a true health insurance. His big selling point was that I could offer it an no extra expense to my company yet the rates would be very good. That was a lie, I have to pay 50% of their health benefits which isn't a problem but I can do that on my own. I do not need to pay them 15K a year to do that.

[Steeve]

Ok, that wasn't what I was thinking. I work for an outsourcing firm, but we don't handle anything like that, unless when we take over a site, we hire the customer's employees, at their request.

[ken_xman]

Jim,
Go get 2 other proposals. Something sounds fishy.

[RickM]

Check into using ADP?

[Joeaksa]

Jim,

How many people in the company? You can go to a Costco Business center and they will handle everything for a very good fee as long as its under 50 employees.

JoeA