How To Calculate Your Employee’s Actual Cost?

What is your Actual Per Employee Cost?

Whether your organisation is serious about considering to add-on the resources (i.e. Employee)? If the answer is yes in that scenario organisation overhead cost will increase up to $15/hour per resource. Which means an organisation needs to pay that additional cost of hiring an employee. It is recommended that always think twice before taking such a decision. Most of the time owner’s get surprised to know that on an average an employee cost will actually go between 25%-40% on and above to their compensation amount.
As the organisation is planning to hire next employee, there are additional costs which an employee needs to pay for its resource. These additional costs can come in any form out of the under-mentioned expenses.

Read More:- How To Calculate Your Employee’s Actual Cost?

What we do: -

We also help in filling the payroll tax forms. By outsourcing the non-core work orgnaisation can expect to achieve cost reduction of as high as 50 percent. We are able to achieve this due to our economics of scale for the process – we spread fixed costs over large volumes of transactions spread across multiple customers. We also have the flexibility of going to the lowest cost locations to perform the job.
There are other reasons as well- examples of processes like those related to HR in a large multi-location company, there are low volume at each specific location but the volume increase considerably once one combines the volumes across all locations. Also, since we use the latest technology and best practice, can streamline the processes better and achieve optimum results in cost, quality and speed.
Even though the processes being outsourced may be non-core and non-critical, but they are core and critical for us. And it is this that makes us more successful at such activities than the company that such outsourced them.
Kindly connect with us on email id: accounts@rayvat-uk.com with respect to  your outsourcing services requirement related to project specific or you can speak to us in person by connecting on the mentioned number (UK):- +44 203 608 9399.

 

 

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