As the local economy begins to improve, many small business are starting to bring back former employees for short term projects - OR - they may need to hire a temp crew.
As a business owner, the issue is….
“Do I want to hire a permanent staff; do I add them in my regular payroll; or should I pay them as independent contractors (1099)”
If you hire for a short term need you might have to go through the painful termination process which can affect your unemployment insurance rates as well as lowering morale and increasing administrative burden
If you 1099, you will probably not get the worker covered under your workers’ compensation insurance AND you are open to an audit by the state to prove the worker meets the definition of an independent contractor.
HR Dynamics has a better solution!
HR Dynamics can "hire" your employees as temporary workers on our payroll, providing all payroll services
HR Dynamics will get W-4 and I-9 paperwork completed
The employee will become (legally) an employee of HR Dynamics and covered under our workers’ compensation insurance
HR Dynamics pays the employees weekly and invoices you weekly for their base hourly pay, FICA, unemployment insurance, workers’ comp insurance and our administrative fee
Your company can terminate the payroll arrangement with us at any time without penalty
Best of all: No set up fee, No minimum number of employees, low minimum number of worked hours per week
References
Several companies in Indian River County who use this service include:
Construction Companies
Manufacturing Companies
Government Agencies
Distributors
This unique service is ideal for any business that has a seasonal upswing and needs to treat employment costs as a flexible expense.
