Personnel Placements can provide you the highest quality employees for around or below the same costs you are currently paying. Other cost not considered in this comparison are reduced liability due to worker's comp claims, unemployment costs, and the time spend dealing with personnel issues. Personnel Placements will take care of all the burdens covered below and allow your company to focus more on the thing that produce profits.

Hourly Wage x 40hrs x 50wks =

FICA (6.2%) yearly wages x .062 =
Medicare (1.45%) yearly wages x .0145 =
Federal Unemployment (.80% to $7000) 7000 x .008 = 56.00
State Unemployment (2.75%) yearly wages x .0275 =
Worker's Compensation Insurance
(5%) yearly wages x .05 =
Mandatory Pre-Paid Medical (100 per month x 12) = $1200

National Average (9.1%) yearly wages x .091 =
(includes bonuses, profit sharing, etc.)

HR time spent reviewing applications, interviewing, and training ($15/hr x 15hrs) = $225
Cost of Drug and Background Screening Applicants = $200
Management Training ($20/hr x 32hrs) = $640
Ongoing Administrative Costs (National Average is 10%) yearly wages x .10 =
Advertising Cost (3" ad run for one Sunday) = $672
Total Cost per Year =

Actual Productive Time = 40hrs * 50wks = 2,000 hrs

Total Cost / Total Productive Time =
Markup =