You work hard for the fees you collect from your clients, so why would you want to give a portion of them away to hire a back-office to handle your contract placements? Well, consider all of the tasks and issues you will have to deal with if you DON’T use a back-office:
- Company contract negotiations and generation
- Compiling and managing employee paperwork and information
- Immigration compliance (I-9 and E-Verify)
- IRS compliance (1099 vs W-2)
- EEO compliance
- Payroll – including calculating and withholding taxes, processing court orders, setting up direct deposit, etc.
- Background checks
- Unemployment Claims
- Workers’ Compensation Claims
- Invoicing and collecting fees from clients
- Tax deposits and filings
- Providing and managing benefits – including COBRA, enrollments, bill reconciliation, etc.
- Employee issues
- Employment Verifications
- Employee terminations
- Certificate of Insurance coverage
A good back-office will handle all of these issues and more, making a contract placement virtually hands-off for you once the contractor is hired.
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