5 Core Outsourcing Solutions
Mainstay Business
Solutions is a leading employment services firm focused on providing
low-cost services with high-impact results. California is home to one
of the most complex and costly business landscapes in the world. At
Mainstay, we provide the tools, training, resources and experience
needed to seamlessly navigate all employment regulations and
significantly reduce the cost of providing qualified labor and
employment services to your company.
Our comprehensive
outsource programs are designed to reduce your company’s TOTAL cost
of labor across every category.
Core Outsourcing Solutions include:
- Worker’s Compensation
- Human
Resources
- Payroll and Tax Administration
- Employee Benefits
- Safety and Loss Control
Mainstay Helps Companies reduce their "True Cost"
The true cost of a
company’s labor force is far greater than the sum of direct
payments or additional compensation.
While calculating your “true cost”, your company must take
into consideration a combination of the following categories:
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
| |
|
HARD Costs
Direct costs of employment |
|
|
SOFT Costs
Time spent dealing with employment related issues |
|
|
| |
|
|
|
|
|
|
|
| |
|
Salaries
Worker’s Compensation Insurance
Benefit Contributions |
|
|
Worker’s Compensation & Claims
Administration
Human Resources / Personnel Management
Benefits Administration
Safety & Loss Control |
|
|
| |
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
| |
|
HIDDEN Costs
Fines, penalties, lawsuits, and other unexpected costs |
|
|
OPPORTUNITY Costs
Internal operations that are given less resources due to
administrative requirements of employment |
|
|
| |
|
|
|
|
|
|
|
| |
|
Spikes in Insurance Costs
Penalties and fines for government
non-compliance
Legal defense fees and fines for
non-compliance |
|
|
Streamlined Operations
Improved Customer Services
Sales & Marketing |
|
|
| |
|
|
|
|
|
|
|
|
|
