By: Tina T. Chen
Employco USA, Inc., VP of Operations
The New Year is upon us, and after a year of economic uncertainty, the Tradeshow Industry appears to be slowly thawing after more than a year in the deep freeze. According to the Center for Exhibition Industry Research, the convention business grew in the third quarter of 2010, the first uptick since the first quarter of 2008.
As high-level executives in the meeting, convention and tradeshow industry start focusing on growing their businesses in the year ahead, they should consider streamlining their operations by taking away the administrative burdens and outsourcing HR related functions. This includes, but is not limited, to items such as human resources, benefits administration (heath care, 401k etc.), payroll processing and workers compensation services.
Employco is the official payroll service provider for the EACA and specializes in the tradeshow industry. We are able to reduce your labor expenses by handling the back end administration of your payroll / HR needs including:
1. Hassle-free, on time payroll delivery including all tax filings and preparation of monthly union fringe benefit reports.
2. Discounted workers’ compensation rates due to volume purchasing.
3. Unemployment tax savings & claims management.
4. Complete HR services including performance management, compliance, benefit administration, management training and employee relations.
Improve Cash Flow
Your cash flow is improved because Employco enables businesses to eliminate all pre-paid deposits and all expenses are paid on a per payroll basis. Companies essentially pay as they go.
Simplify Life as a Business Owner
Employco can help simplify an executive’s life by adding in a full-range, virtual HR department without having to incur the cost of carrying an HR staff. Employco can help oversee your employee management while taking away the administrative functions by running your backend operations.
Level the Playing Field
High-level executives in the tradeshow industry often find it difficult to compete for talent with larger companies in the arena of employee benefits. However, through an HR Outsourcing firm, they can offer employees the same benefits as a Fortune 500 company.
With the new healthcare legislations going into effect between 2011 and 2014, there are many changes that will affect your business including premium increases to compliance issues. Contact Employco for a free copy of our summary of the healthcare reform law.
Employco is ranked by Crain’s Chicago Business as one of the top privately held companies in the Chicago Area.
For more information on how Employco can enhance your business operations, please contact Tina T. Chen at email@example.com or at 630.286.7388.
|People on the Move|