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New Staffing Business Case Study
1. New Staffing Business Case Study:
Employers Logic recently engaged with a twenty-year veteran of the staffing industry who was ready to
get a start on her own. Without counting on the expertise of Employers Logic and our industry partners,
she would have faced:
The need to obtain Workers Compensation and being placed into a pool with a modifier at a
higher cost than her competition.
Her new business would be facing a no-experience rating for State Unemployment Taxes and
again, be paying more than her competition.
With new clients in place and a projected payroll burden due after week one in business, she
would need to tap personal funds, have a bank line of credit, or turn to a factoring company for
her accounts receivable.
With no back office in place, she was facing numerous costs, purchases, and the need to hire an
administrator.
These are just a few of the hurdles and burdens faced by anyone wanting to enter the staffing industry!
Instead, she turned to Employers Logic for turn-key solutions that allowed for smooth operations to
commence on day one:
On the Workers Compensation issue, our clients submit the classification codes the employees
will be working and are given industry-low rates in almost all classification codes.
Any new business in our programs realize great savings by avoiding State Unemployment pools
and working on our channel partners rates in all 50 states.
With a non-recourse 1.5% funding rate on all payroll burdens, new business is open to
unlimited growth potential.
With Employers Logic partner company managing over $500 million in payroll, the back office,
administration, and billing of all business are taken care of.
With clients in place and accounts growing, this new business is on track for over $2 million in its first
year of billing! By doing her due diligence and relying on the expertise of the Employers Logic process,
this staffing company is on its way to a great future! To learn more and get the conversation started, call
or email me today.
Nate Shields
630-862-6994
nshields@employerslogic.com