Situation:

A renowned Tampa Law Firm with 30 employees was looking for ways to operate more cost-effectively and efficiently. The Law Firm was using a traditional payroll company for payroll services and outside vendors for health benefits, 401k plans, and workers compensation insurance.

The firm was lacking in the expertise and management of policies, procedures and compliance. In addition, state unemployment had significantly increased that year and the firm had some employee issues that resulted in a sizable outflow of cash.

The firm engaged Employer Solutions Plus to analyze its current situation and offer a number of cost effective alternatives.

Solution:

Employer Solutions Plus provides PEO Strategies, Payroll Only Solutions, Health Insurance Options, Employee Benefits and Ancillary Benefit Programs. We represent multiple providers in each product category which allows us the flexibility to customize a cost effective solution to meet the individual needs of our clients.

At first, the Tampa Law Firm was unsure about a PEO’s ability to actually save their Company money. After multiple meetings and negotiations, Employer Solutions Plus was able to save the client a significant amount of money from moving just the firm’s payroll over to a PEO platform. In addition to saving money, the firm gained a completely customized on-line payroll system with the ability to easily access payroll reports, employee data, employee forms and more.

Additional vendor management provided by Employer Solutions Plus resulted in the following:

• The ability to control costs with a single source solution to discount state unemployment and workers compensation
• A continuation of working with the firm`s outside vendor for health insurance. But, Employer Solutions Plus brought in a health insurance broker that came up with creative ways to offer more plans, make it more cost effective for the employees, and offer ancillary benefits to help put money back in the employees’ pockets.
• One on one health insurance enrollment so that employees understood what plans were best for them.
• EPLI insurance at no additional cost to help against future employee issues
• Updated policies and procedures as well as customized handbooks
• Guidance with employee terminations and new hire procedures

One immeasurable solution is the peace of mind delivered to the owner/partner of the firm, who now knows that with one call or email the firm’s payroll, taxes, benefits, workers comp, compliance and more can be taken care of.

For More Information:

Is your vendor set-up in need of a professional analysis? If you’re looking for ways to save money and operate more effectively and efficiently, contact Employer Solutions Plus.