Cost of employing against outsourcing

You would have thought that it would be easy to put a price on say an administrator - is it £15,000 a year? Let's look at the break down:

Salary                  £16,994 *

Employers NI     £  2,175 **

Holiday cover     £  2,800 ***

Sickness cover  £ 1,120 ****

Total                    £23,089

So is this the true cost - sadly not for you! Would your member of staff be working 100% of the time? Probably not! We estimate that if you get 90% 'chargeable' time out of your member of staff you are doing well, but this lifts the cost for the staff member to £25,655.

Does it stop there? No - you need to factor in the rent of the office, business rates, cost of the furniture, elctricity, insurance....is there anything I have forgotten?

Now can you see why access to a team of outsourced team would be best for your business?

Contact This e-mail address is being protected from spambots. You need JavaScript enabled to view it to see how we can take your business to the next level.

*      Barclays average salary for cross sector administrator 2008

**     Currently 12.8% of gross salary - due to rise next year!

***    Calculated from 20 days at 7 hours at £20 per hour

****  Based on the same calcs for the holiday - 8 days sick is the average number of days taken per the 2008 CIPD Survey