Cost Advantage
Leading Edge Financial Consulting, Inc. provides you with a lower cost solution to employing an in-house bookkeeper. Say good-bye to employer payroll taxes, worker’s compensation fees, employee benefits, tiring interviewing processes, and most importantly the time of training employees.
We provide accurate reliable service at only a fraction of the cost of in house employment.
*Sample based on a full time employee, 40 hours per week, $16 per hour
| Payroll Taxes Percentage | In House Employee Costs | Leading Edge Financial | |
|---|---|---|---|
| Weekly Compensation | $640.00 | ||
| CA Employment Training Tax | 0.10% | $0.64 | |
| Social Security | 6.20% | $39.68 | |
| Medicare | 1.45% | $9.28 | |
| Federal Unemployment (FUTA) | 0.80% | $5.12 | |
| CA Unemployment | 3.40% | $21.76 | |
| Workers Compensation (Varies) | $12.30 | ||
| Total Weekly Cost | $728.78 | $450.00 | |
| Classified Ad to post job | ✓ | ||
| Interview applicants | ✓ | ||
| Headache of Training | ✓ | ||
| Yearly Costs | $37,896.56 | $23,400.00 |
Company savings of $14,496 per year
Outsourcing Benefits of Leading Edge Financial Consulting:
- Employment Cost Savings by approx. 40%
- Gain access to specialized services
- Increase efficiency by consolidating and centralizing functions
- Reduce overheads, frees up resources
- Redirect energy and personnel into the core business
- Save on manpower and training costs
Our proven solutions improve the overall profitability of our clients.
