Case Studies
Research and Engineering Firm
Client:
LARGE EMPLOYEE-OWNED RESEARCH AND ENGINEERING FIRM AND LEADING SOURCE PROVIDER OF ADVANCED TECHNOLOGIES TO CUSTOMERS WORLDWIDE.
Problem:
A young, employee-owned company wanted to find a service partner that could provide payroll services to help them accommodate their diverse business expansion plans by expediting the hiring process. They needed to meet the challenges of growth while reducing administrative time and costs. They also needed a service provider with a Facility Clearance and the capability of administering an industrial security program for payroll employees requiring classified access.
Solution:
Innovative Employee Solutions® designated a customer liaison and experienced payroll staff. IES proceeded to implement a payroll program that included customized forms, applications and timecards (website accessible). IES tailored special reports for the client's division managers, human resources managers, and procurement and accounting departments (hard copy and electronically). The client gained a significant advantage in holding on to their talented recruits, because IES could eliminate some of the bureaucracy, simplify the administrative burden, and process new hires much more quickly and cost effectively. IES set up employee drug-screening notifications and arbitration agreements, and offered health benefits, 401K participation, and other fringe benefits that helped retain employees.
Benefits and ROI:
While the client's internal hiring process took up to six weeks or longer, IES got the employee working within three days. Additionally, over the last three-year period, IES saved this client in excess of $3 million on payroll processing and HR administrative services.
According to the client, "For over 30 years, IES has been able to provide an intense level of customer service, provide outsourced payrolling and incorporate a very advantageous hiring tool at a very good value."
Corporate Vice President, Administration
Research & Engineering Company
California
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