Finance, Accounting, and Human Resources Outsourcing & Consulting
The Latte Group delivers comprehensive, reliable, cost-effective
back-office services to business through a single relationship.
Latte HR
The Latte Group, Inc. has developed a suite of Human Resources services we call LatteHR. The services available within LatteHR cover the entire Employment Lifecycle. Best of all, our clients select the components of LatteHR that meet their needs resulting in a customized services package. The components of LatteHR are listed below:
Pre-Employment
1. Position Descriptions
2. Candidate Profile & Specifications
3. Recruiting:
a. Candidate Sourcing
b. Candidate Screening
c. Candidate Testing
d. Interview Candidates
e. Hiring Decision
4. Reference Checks
5. Drug Screening
6. Background Checks
7. Employment Agreement
1. Employee Handbook Development & Administration
2. Compliance Documentation
3. Personnel File Administration
4. Orientation
5. Payroll & Payroll Taxes
6. Benefits Administration:
a. Group insurance
b. 401(k) Plans
c. Vacation / Paid Time-Off Administration
d. Workers Compensation
a. Goal Setting
b. Performance Appraisal
c. Recognition
d. Rewards
e. Feedback
f. Corrective Action
g. Discipline
8. Training & Development:
a. Competencies
b. Skills
c. On-the-Job Learning
d. Monitor & Assess Progress
9. Compensation Management
1. Establish & Document Nature of Termination
2. Termination Meeting
3. Exit Interviews
4. Turnover Analyses
5. Unemployment Claims Administration
6. COBRA / State Continuation Administration
PRICING In order to provide some specificity regarding the cost of LatteHR, here are some examples of actual client engagements (scope and fees): Software Developer – 35 Employees Scope 1. Offer Letters & Employment Agreements 2. Employee Handbook Administration 3. Payroll 4. Benefits Administration (Group Insurance & 401(k) Plan) 5. Paid Time-Off Administration 6. COBRA Administration Fees = $39 PEPM or 1,365 per Month Scope 1. Sales Compensation Plan Document Fees = $1,350 one-time Project Fee E-Commerce Marketplace – 47 Employees Scope 1. Offer Letters & Employment Agreements 2. Benefits Administration (Group Insurance & 401(k) Plan) 3. Paid Time-Off Administration 4. Performance Management 5. COBRA Administration Fees = $54 PEPM or 2,538 per Month Software Developer – 4 Employees Scope 1. Paid Time-Off Administration Fees = $24.75 PEPM or $99 per Month Managed Services Provider – 20 Employees Scope 1. Offer Letters & Employment Agreements 2. Personnel File Administration 3. Orientation 4. Employee Handbook Administration 5. Payroll 6. Benefits Administration (Group Insurance, FSA, & 401(k) Plan) 7. Paid Time-Off Administration 8. Unemployment Claims Administration 9. COBRA Administration Fees = $79 PEPM or $1,580 per Month Scope 1. Profit Sharing Plan: a. Design b. Vendor Engagement c. Roll-out to Employees Fees = $4,950 one-time Project Fee Marketing Services Provider Scope 1. Recruiting a. Position Description b. Ads on Job Boards c. Screen Resumes d. Phone Interviews Fees = $3,500 one-time Project Fee
Each client engagement is priced separately since the complexity of each company’s needs vary significantly. However, there are some rules of thumb. For ongoing services, such as Payroll, Benefits Administration, Performance Management, and COBRA Administration, LatteHR is priced on a fixed Per Employee per Month (“PEPM”) basis. These engagements typically range in price from $29 PEPM to $79 PEPM. Start-up fees may apply with start-up engagements. Pricing for project services, such as Recruiting, Employee Handbooks, and Compensation Management, is based on a fixed project fee basis.
ENGAGEMENT EXAMPLES
delivering comprehensible, reliable, cost effective
back office services to small businesses though a single relationship