Look into a payroll company too. They take care of all the paperwork for you. They can help you put together applications, the steps to take, plus take care of your tax payments, workers comp, unemployment claims, etc. We pay roughly 17% of gross payroll which covers our workers comp, employer taxes, unemployment insurance, and any HR/legal questions we can throw at them.
The true cost is about 5% of payroll with the other 12% covering things you would pay anyways. Until that 5% equals the cost of a payroll person it can be a great way to keep everything in order. Some of the payroll companies can help you with benefits also.
Last edited by kinetic; 08/19/08 02:41 PM.
