1.
HR Technology & Services Bundle Pricing for the Small Business Market (50 to 500 EE)
Over the past few years, HR technology platforms have added the following components:
1) Core Employee Data Applications: Payroll & Tax, Time, Expense, WFM, Performance, Analytics, etc.
2) Human Capital Content & Tools: Assessments, Recognition, Compensation, Training, Wellness,
Learning, etc.
HR services vary by industry and company size, but most commonly include:
1) Administration: Payroll, Benefits, Onboarding
2) eRecruiting, Staffing, Recruiting
3) Compensation
4) Tier I HR Support
5) HR Consulting
HR preferred vendor services most commonly include:
1. eRecruiting: job placement and management including background and reference checking
2. Staffing
3. Salary & Compensation analysis
4. Training
5. Benchmarking & Intelligence
6. Wellness & Health
7. Compliance: Documents, Immigration Services, Reporting
8. Translation Services
Core HR
Payroll &
Tax
WFM
Benefits
Admin
HR
Support
EMPLOYMENT
LIFECYCLE
GROSS
PROFIT
Consulting & Vendor Services $58 Recruiting 30%
HR Support $99 Staffing 25%
Benefit Brokerage & Admin $275 Talent Management 70%
Talent Management $25 Payroll & WFM 65%
HRIS $48 Administrative Support 65%
Time & Labor $19 HR Support 70%
Reporting & Analytics $9 Outplacement 80%
Compliance Administration $9
Payroll & Tax $100
Total Per Employee Per Year $118 $92 $275 $157
TOTAL= 642$