Frequently Asked Questions
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What does BPS offer?
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Payroll
- Generate payroll checks and payroll journals
- Child support
- Wage garnishments, tax liens, and all other required deductions
- Generate all W-2, W-4, I-9, 940 and 941 forms
- Complete tax processing: Tax calculations, and Federal and state tax deposits: FICA (Social Security Tax), FUTA (Federal Unemployment Tax), and SUTA (State Unemployment Tax)
Human Resources
Provide continuous updates to maintain compliance with applicable State and Federal employment laws including:
- The National Labor Relations Act
- Title VII of the Civil Rights Act of 1967
- Rehabilitation Act of 1973
- Occupational Safety and Health Act of 1970
- Civil Rights Act of 1866 and 1871
- Fair Labor Standards Act of 1968
- Americans with Disabilities Act of 1990 (ADA)
- Pregnancy Discrimination Act of 1993
- Family and Medical Leave Act of 1993 (FMLA)
- The Worker Adjustment and Retraining Notification Act
- Consolidated Omnibus Budget Reconciliation Act (COBRA)
- Immigration Reform and Control Act
- Health Insurance Portability and Accountability Act (HIPAA)
- Wage and Hour Law
- Equal Employment Opportunity Commission (EEOC)
- Provide employee handbooks to outline policies and procedures that are unique to your company, as well as federally mandated policies and procedures, allowing for a clear understanding of company policy for all employees.
- Maintain all personnel files, employee records and documentation
Direct access to support staff including:
- Payroll
- Human Resources
- Legal Services
- Benefits
- Loss Control / Risk Management
Unemployment claims and hearing
- Investigation of claims
- Processing of claims
Risk Management
- Professional and Experienced Risk Management Directors and Managers
- Safety Surveys, Evaluations, and Inspections
- OSHA / EPA Reviews and Compliance
- Design and Conduct Employee Safety Education Programs
- Safety Policies and Manuals
- Worker's Compensation Claims and Administration
Worker's Compensation Coverage
- Eliminate surcharges, premium deposits, audits and modifiers
- Provide coverage-- long and short term
Benefits
- Major Medical Health Benefit Plan
- Dental Care
- Prescription Card
- Disability Insurance
- Vision Care
- Life Insurance
- Allow Section 125 Cafeteria Plan
- 401(k) Retirement Plan
- Administration of all Employee Benefit Packages
Consider BPS for the following reasons:
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Save Time
All Payroll and Human Resource Administration functions will be provided by BPS. You will have more time to focus on your core business.
Stay in Compliance
By keeping current with the ever-changing world of employee-related regulations, BPS helps you reduce exposure to costly and time-consuming litigation, fines and penalties.
Attract and Retain Quality Employees
Your leased employees will have access to a Fortune 500-style benefits package (including a choice of three Major Medical Plans, a full range of Supplemental Insurance Products, a Comprehensive 401(k) Plan, etc.) With a benefits coordinator, we provide all new employee orientations and sign-up, as well as claims resolution services for all insured employees. The professional benefits administration service allows your company to offer quality benefit services without consuming the valuable time of internal company employees.
Reduce Worker's Compensation Exposure
The safety professionals, at your finger tips help prevent losses and liabilities through proven accident prevention techniques, safety training and overall risk management consulting. As a PEO, we emphasize working with clients to increase productivity through: reduced claims, on-site safety training, claims administration and an aggressive back-to-work program. The safety professionals are available to your company, on an as-needed basis.
Reduced Payroll Burden
There will be no Worker's Compensation Insurance deposits on year-end audits for your employees. Our alliance generates savings by virtue of "Economy of Scale" in all areas of the payroll burden.
Reduced Liabilities
All fines and penalties related to untimely and inaccurate reporting or deposits are our responsibility. We also assume the responsibility to deduct and remit all liens, garnishments, and child support orders.
Profits are important:
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You can increase profitability by increasing your sales or decreasing your expenses. Focusing on expenses leads to greater efficiency. This in turn leads to more sales at higher profit margins.
Consider two companies, Company A and Company B. Company A does a good job in generating sales but is not sufficiently careful with its expenses. Company B has a lower sales volume but does a very good job of controlling expenses. As a result, it actually makes a larger profit on a smaller sales volume.
Many large companies have realized the importance of focusing on expenses and have practiced this for a long time. They have also recognized that a very effective way to reduce expenses is to outsource some tasks to companies that are specialists in performing these tasks. The concept is becoming more widespread and more and more companies are now focusing on such programs.
Savings and other benefits are realized:
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We can say that on an average, our clients realize savings and other benefits that fall within the following categories:
- Payroll Processing (internal)
- W-2 processing costs
- Compliance cost
- OSHA compliance
- Administrative time
- Savings on unemployment rate
- Employee Benefits Savings
- Workers Compensation Savings (20%-40%)
- Employee Manuals
- Legal advice on administrative matters
- Human Resource forms
- Assistance in preparing your business plan
What's New
9.19.2007 Cost Analysis
Business Personnel Solutions will provide a complete analysis of current cost your company has and a savings of using our company services.
9.19.2007
Onsite OSHATraining
Payroll Procedure
Affordable Payroll, HR
and Administration Solutions
First Month Payroll Services FREE
Get more information. Log onto www.payrollsource.org