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When you count the time at work spent on administration, and the time to and from work and the Thursday night payroll administration and preparation and the weekend form completion, you are spending a LOT of time on the administrative aspects of your business. According to the US Chamber of Commerce, the average business spends from 8 to 15% of gross payroll on administrative costs. In addition, small business owners spend between 7 to 23% of their time handling employee related problems and paperwork, which includes all payroll administration. The point is, there is a very real expense in managing the employee and administrative functions in any company. That cost increases dramatically if these functions detract from the owners'/managers' ability to plan and develop business. PMI, a premier professional employer organization, can handle practically all the administrative work, including payroll services, in your business at a surprisingly small cost. Why? Because we are the experts. This is all we do!
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