Employer Cost Analysis- Annual Labor & Human Resources Costs in Time & Money |
Non-Productive Tasks/Personnel Responsibilities |
# of Hours |
Cost/Hour |
Total Cost |
HUMAN RESOURCES |
|
|
|
HR consultants/ |
|
$ |
$ |
HR training tuition/ |
|
$ |
$ |
HR reference materials/ |
|
$ |
$ |
Employee handbook development/ |
|
$ |
$ |
Job description development/ |
|
$ |
$ |
Job description maintenance/ |
|
$ |
$ |
Legal postings/ |
|
$ |
$ |
HR software/ |
|
$ |
$ |
Coordinating with legal counsel/ |
|
$ |
$ |
Fees for employment legal counsel/ |
|
$ |
$ |
State unemployment claims/ |
|
$ |
$ |
Compliance- ADA, FMLA, FLSA, ETC./ |
|
$ |
$ |
Compliance- EEO & Title IV/ |
|
$ |
$ |
Compliance- PRWORA administration/ |
|
|
|
Compliance- immigration, harassment/ |
|
$ |
$ |
Performance review administration/ |
|
$ |
$ |
Employee files and maintenance/ |
|
$ |
$ |
HR audits/ |
|
$ |
$ |
Drug policy- develop, administration/ |
|
$ |
$ |
Pre-employment screening/ |
|
$ |
$ |
EEO-1 Filing/ |
|
$ |
$ |
Settlement costs/ |
|
$ |
$ |
Other fines for non-compliance/ |
|
$ |
$ |
Other personnel policy development/ |
|
$ |
$ |
Other HR fees or administration/ |
|
$ |
$ |
Non-Productive Tasks/Personnel Responsibilities |
# of Hours |
Cost/Hour |
Total Cost |
EMPLOYEE BENEFITS |
|
|
|
Benefits consulting fees/ |
|
$ |
$ |
Health insurance procurement/ |
|
$ |
$ |
Health insurance administration/ |
|
$ |
$ |
Health insurance enrollment/ |
|
$ |
$ |
Retirement plan procurement/ |
|
$ |
$ |
Retirement plan administration fees/ |
|
$ |
$ |
Section 125 plan administration fees/ |
|
$ |
$ |
Other benefits procurement/ |
|
$ |
$ |
Other benefits administration/ |
|
$ |
$ |
COBRA record keeping/ |
|
$ |
$ |
COBRA administration/ |
|
$ |
$ |
Form 5500 filing fees/ |
|
$ |
$ |
Employee inquires/ |
|
$ |
$ |
Other employee benefits costs & fees/ |
|
$ |
$ |
Non-Productive Tasks/Personnel Responsibilities |
# of Hours |
Cost/Hour |
Total Cost |
WORKERS' COMPENSATION/RISK MANAGEMENT |
|
|
|
Workers' compensation procurement/ |
|
$ |
$ |
Workers' compensation audits/ |
|
$ |
$ |
Workers' compensation claims administration/ |
|
$ |
$ |
Workers' compensation claims investigations/ |
|
$ |
$ |
Workers' compensation claims hearings/ |
|
$ |
$ |
Risk management consulting fees/ |
|
$ |
$ |
Risk management plan development/ |
|
$ |
$ |
Risk management inspection fees/ |
|
$ |
$ |
Risk management plan manuals/ |
|
$ |
$ |
Post accident drug testing/ |
|
$ |
$ |
Return to work program/ |
|
$ |
$ |
OSHA compliance fees/ |
|
$ |
$ |
OSHA compliance administration/ |
|
$ |
$ |
Safety meeting development/ |
|
$ |
$ |
Safety meeting materials/ |
|
$ |
$ |
Other risk management fees/ |
|
$ |
$ |
Non-Productive Tasks/Personnel Responsibilities |
# of Hours |
Cost/Hour |
Total Cost |
PAYROLL & TAX ADMINISTRATION |
|
|
|
Payroll vendor fees/ |
|
$ |
$ |
Software costs/ |
|
$ |
$ |
Check charges/ |
|
$ |
$ |
Report fees/ |
|
$ |
$ |
Special tax fees/ |
|
$ |
$ |
Data collection fees/ |
|
$ |
$ |
W-2 & W3 fees/ |
|
$ |
$ |
Tax deposit fees/ |
|
$ |
$ |
Payroll software procurement/ |
|
$ |
$ |
Execution of payroll/ |
|
$ |
$ |
Administration of payroll deductions/ |
|
$ |
$ |
Cost of payroll checks and envelopes/ |
|
$ |
$ |
Processing of court ordered garnishments/ |
|
$ |
$ |
Processing of tax liens/ |
|
$ |
$ |
Payroll account reconciliation/ |
|
$ |
$ |
Processing & filing of W-2's & W3/ |
|
$ |
$ |
Direct deposit fees/ |
|
$ |
$ |
SUTA 940 & 941 filing fees/ |
|
$ |
$ |
SUTA 940 & 941 tax deposit penalties/ |
|
$ |
$ |
Payroll record maintenance/ |
|
$ |
$ |
Employee & wage verifications/ |
|
$ |
$ |
IRS payroll audits/ |
|
$ |
$ |
Other payroll related fees & costs/ |
|
$ |
$ |
|
|
|
|
TOTAL HUMAN RESOURCES HOURS & COSTS: |
|
$ |
$ |