CBR helps you control costs, improve the bottom line and shield you from major liabilities.
Doing your own payroll internally could cost you as much as $407 per employee per year (or for a staff of 20, $8,000 each year). CBR can help you control those costs and remove the burden of performing payroll duties. More than half the companies in the country pay an average penalty of more than $1,000 a year when they do payroll themselves. CBR can help.
The average cost of a medical claim in 2001 was a little over $8,900 but is now well over $22,700 - almost triple. Leverage CBR's large group buying power and healthcare management skills. For a small business with 100 employees, and a turnover rate of 10%, turnover costs could reduce bottom line profits by as much as $750,000. CBR is staffed with highly-experienced HR professionals who can work with you to ease the burden of recruiting, hiring, training, and firing as well as finding you affordable employee healthcare benefits. CBR recently conducted a labor burden analysis for a client and determined that they were paying $55,000 too much per year in payroll taxes. We also found that a variety of oversights in benefits administration were costing the client additional dollars in unnecessary insurance premiums. By working with together and making two fundamental changes to payroll and benefits administration, CBR saved this client $65,000! Did you know a former employee can sue you for mismanagement of your 401k plan? A recent United States Supreme Court ruling paved the way for retirement plan participants to sue sponsors of these plans for losses incurred if any fiduciary misconduct or mismanagement can be shown. The best way to avoid exposure is to shifting the risk of 401k management to CBR and remove yourself from the liability loop. Did you know that an employee earning $12 per hour with a 20 minute overage per day of untracked breaks, extended lunches, etc. results in $1,040 per year in overpaid wages? CBR can help with timekeeping solutions. According to US Department of Labor, the average company experiences a $4 return on every $1 invested in employee safety. CBR can help you promote workplace safety and prevent accidents with our Workers' Compensation & Risk Management Solutions.
Discuss customizable HR options with our team at CBR. Let us eliminate the most exasperating as you focus on your true passion - capitalizing on opportunities that generate more money for you. Call us toll-free at 888-700-8512 or contact us online.
See how CBR technology and services enables Lolo's Donuts to compete with the big boy coffee shops.
Lolo's is your typical donut shop - local and sweet, with one of the big boy coffee shops right next door. – less–ZoomInfo