Great Bay Staffing can supply you with professional payrolling services to handle all your administrative and paperwork issues (employer-of-record, taxes, insurance, benefits, 401(k), payroll, etc.) tied to assigned employees. This service carries a comprehensive Certificate of Insurance and is only to be used for professional and technical workers in an office environment who use specialized skill sets such as Information Technology, Engineering, Accounting, Finance, and Human Resources.
The math speaks for itself.
All of the administrative "back office" functions are handled – at a significantly reduced markup, compared to our competitors. For example:
A $50/hr Project Manager simply payrolled in New Hampshire, by the industry standard agency markup, would carry a Bill Rate of $77/hr. Through the payroll service supplied by Great Bay Staffing, the same contractor would carry a Bill Rate of $65/hr. This represents a calculated annual savings of over $24,960, for just one contractor.
A $20/hr Technical Support Representative simply payrolled in New Hampshire by the industry standard agency markup would carry a Bill Rate of $31/hr. Through the payroll service supplied by Great Bay Staffing, the same contractor would carry a Bill Rate of $26/hr. This represents a calculated annual savings of over $10,400, for just one contractor.
This reduced markup will add up to significant savings for a single consultant. Imagine the direct-cost-reduction if you payroll 25 or even 50 consultants with this payrolling service.
Situations and Solutions
- The professional payrolling services supplied by Great Bay Staffing are the perfect solution for any company who finds themselves in the following situations:
- Have you located a contract staffing candidate on your own, but you don’t want to add him/her to your own payroll for a project or deadline?
- Do you need to convert your 1099 independent contractors to W-2 employees due to IRS regulations?
- Do you need to bring retired workers back to work for a specific project, and you don’t want to add them to your own payroll?
- Are you are under a head count and budget restraint, but you still need workers for a specific project?
Getting Started
Simply call or email us to determine the Bill Rates and Pay Rates for the contract candidate(s) you have identified and selected. We will immediately quote what it will cost your company, per hour, to utilize your candidate(s) through the contract payrolling service. Then all we have to do is complete one simple form and submit it electronically. Your candidate will get hired and provide his or her services to you without any hassle. The payrolling service, supplied by Great Bay Staffing, becomes the employer-of-record and handles all the financial, legal, and administrative issues.