Employer Cost Comparison

Below is an example of the estimated savings gained by leasing an employee whose base wage was $50,000.00
Through ESI at a base wage of $40,000.00

Current Employee
A. Employee base salary $50,000.00
B. Direct payroll costs and insurance
FICA & Medicare 7.65% $ 3,825.00
Federal Unemployment 0.80% of first $7,000 per calendar year $ 112.00
Workers Comp 0.49% $ 245.00
ASRS 10.10% $ 5,050.00
Health Insurance $400 per month for 12 months $ 4,800.00
Total estimated cost of current employee $64,032.00

ESI Employee
A. Employee base salary 80% $40,000.00
B. Direct payroll costs and insurance
FICA & Medicare 7.65% $ 3,060.00
AZ Unemployment 1.83% of first $7,000 per calendar year $ 256.20
Federal Unemployment 0.80% of first $7,000 per calendar year $ 112.00
Worker's Comp 0.49% $ 196.00
C. Employee benefit charge - -
D. Special requirements by client - -
E. Administration Fee 4.0% of employee gross wages $ 1,600.00
Total estimated cost of ESI employee $45,224.20
Estimate of savings by leasing through ESI $18,808.00