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Staffing agency ask me anything (1 Viewer)
- Thread starter RokNRole
- Start date
Baloney Sandwich
Footballguy
Do you spit or swallow?
James Daulton
Footballguy
I thought the job market sucked?
skol asylum
Footballguy
What if your client is a witch and you pull out too late? Would you refer to it as WiccaLeaks?
As the branch manager of course I'm responsible for my offices profits.
majority of sales is done from corporate. If there is interest after contact I meet the client personally and handle the negotiations from there.
and then we mark up from the wage they desire to pay the employees we provide. Typically 50% for truck drivers and 35% for laborers which puts our profit margins at around 20%
We would bill the client around $14 assuming it's a standard labor position. After insurance and WC we only get a little more than $1 per hour profit on it
We don't provide that type of employment currently.Got any leads on positions in Southern California in the real estate development industry? Asking for a friend.
Limp Ditka
Footballguy
Do you like trains?
Limp Ditka
Footballguy
Politician Spock
Footballguy
So how do employee taxes work? The employee is only earning $10 an hour, but the business that hired him is paying $14 an hour for him. Are employee taxes based on $10 an hour or $14?
They are only taxed on $10 because that is what they are being paid.
They don't know what we are billing for them.
doowain
Footballguy
Everyone. They say you have no real talent. The only talent is in finding people desperate enough for a paycheck (the prostitute if you will) that you can then pimp out to businesses and take a piece off the top.
How do you respond?
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Swing 51
Footballguy
Politician Spock
Footballguy
Politician Spock
Footballguy
So my company would pay $14. You would pay the employee $10. And the payroll taxes are taken out of the $4?
doowain
Footballguy
So you agree that you have no talent.
Do you ever feel inadequate talking to the talent?
I really don't handle this part of it.
i don't do the invoicing or company taxes.
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Limp Ditka
Footballguy
Politician Spock
Footballguy
As someone who needs employees, this is important to know. If I hire someone at $10 an hour, not only do I have to withhold their income tax withholdings, I also have to pay the employer side taxes. So when I pay someone $10 and hour, they really cost me $11 an hour after payroll taxes.
So if I use you $14 an hour worker, would it cost me $14 and only $14 because you cover the payroll taxes? Or would it cost me $15 when the additional $1 in payroll taxes on his $10 pay hits my bill from you? I would be stupid to use your service not knowing this ahead of time.
My employees aren't on the clients payroll. They just get a bill from us as a vender.
That's just one low paying position.
we have some people making $20 per hour. The margins are much more on those.
Fishboy
Footballguy
You've been in the Staffing Industry for over 2 years and are now a Branch Manager and you don't know the answer to this question?
Using your example - the client company is billed $14/hr for every hour the employee works.
The worker is the employee of the staffing agency, not the client company. The staffing agency pays all employment taxes (FICA, SUDA, Unemployment Insurance, etc) on said employee on the $10/hr.
msudaisy26
Footballguy
I feel like this job isn't interesting enough to warrant its own thread.
Fishboy
Footballguy
You do not pay FICA, SUDA, etc on the $14. You pay it based on the rate you are paying the employee.
nirad3
Footballguy
Well poop.
If it's really that slow would you give a FBG's resume/bio a quick once-over and offer any commentary as to their general suckiness?
You would be surprised. It's Avery fast paced job and we deal with a ton of crazy BS.
Yes. After that is all paid the remainder is our fee. The clients just have to pay the invoice . Quick and easy for them.
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