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During
the trial period, Utilicast will be the Employer of record
and handle all the administrative details such as taxes, insurance,
employee benefits, employment contracts, invoicing, time sheets,
payroll funding, payroll processing, etc. You simply manage
the worker and pay a weekly invoice to Utilicast. The
price is based upon actual costs, plus an 8% markup.That's
it!
Cost/Benefit
Analysis
We understand that an Employee Trial Program prior to permanent
employment is a significant change to today's hiring practices.
However, we also understand the risks associated with a poor
hiring decision. Eliminating
a poorly performing employee is a difficult, costly, and time-consuming
task. ETP will allow you to avoid this risk, without paying
the high costs associated with traditional payroll outsourcing
services.
ETP
Costs
Utilicast provides full disclosure of our ETP costs up front.
Your organization is responsible for paying only Utilicast's
cost for the employee, plus an 8% markup. Our costs include
the following components:
 -
Federal Unemployment Company
- Medicare
Company
- Social
Security Company
- State
Employment Taxes
- Monthly
administration fee
- Healthcare
benefits
- One-time
registration fee
For
a professional making $70K annually (Washington State, Medical
- Single & Non-Smoker, and 401K roll-over), the approximate
cost for a three-month trial would amount to the following:
1st Month - $7,840
2nd Month - $7,380
3rd Month - $7,380
For more information about the employee trial, please contact
a Utilicast representative today.
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