Why outsource?
Why should you outsource to Patriot Strategies as opposed to hiring someone internally?
Besides the dedicated expertise and experience that Patriot brings, did you know that hiring an employee has many other hidden costs besides just salary?
Salary and benefits
Salary and benefits
Proposed salary
$50,000.00
Benefits
Medical
$10,000.00
Dental
$2,000.00
Vision
$1,000.00
401 K
$5,000.00
Subtotal
$68,000.00
Administrative costs
Hours
Calculating benefits and salary (cost/hour)
2
$100.00
Working with IT to develop workspace
0.5
$42.50
Contracting with recruiter/headhunter
401 K
$5,000.00
Advertising for position
401 K
$300.00
Screening resumes
4
$200.00
Interviewing candidates
First interview
2
$250.00
Second interview
1
$125.00
Final interview
1
$125.00
Mileage and entertainment
$100.00
Credit/background/reference check
$250.00
Test for controlled substances
$75.00
Relocation/moving costs
$3,000.00
Subtotal
$9,567.50
Orientation/Training
In-house training on company applications
6
$210.00
Training programs with vendor
$600.00
Additional office equipment
$1,500.00
Tech support
2
$70.00
Subtotal
$2,380.00
Total hiring costs
$79,947.50