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Benefits-Rich Employment for
Small Business Owners and Start-Ups
Solo W-2™ Helps Small Business Owners and Start-Ups
Get Great Employee Benefits and Compete for Quality Talent
- Recruit Quality Talent
Benefits-rich employment helps you attract exceptional talent that might otherwise go to the competition.
- Retain Quality Talent
Keep experienced team members that might otherwise jump ship for the excellent employee benefits offered by a larger company.
- Simplify Onboarding and Termination
Gain the flexibility you need to easily and efficiently initiate, restructure and terminate projects by engaging a benefits-rich contracted workforce of professional consultants.
- Simplify HR Functions
Replace annual reviews with periodic contract extensions.
- Cut Costs
The economies of scale generated by P.A.C.E. Solo W-2™ give you and your key team members access to the superior executive benefits found in large professional firms – all without the hassles and high costs of in-house benefits administration.
Here's How It Works
- You recruit the talent you want.
- Show them the great employee benefits they will receive as a P.A.C.E. consultant.
- P.A.C.E. employs the individual and signs a consulting contract with your organization to supply the individual's consulting services.
- P.A.C.E. invoices your organization according to the terms of the contract by either
of two methods:
- Bottom-Up Method: The billing rate equals the gross wage plus
the labor load, which consists of:
- The employer's share of payroll taxes.
- A modest administrative service fee.
- Mark-up to cover unpaid vacation time, unpaid national
holidays, and sick leave.
- Overhead costs for the employee benefits that you want to offer through P.A.C.E. Solo W-2™.
- Top-Down Method: The billing rate equals the current market rate for the individual's skill set and experience as an independent professional.
- Everyone wins:
- Your organization successfully recruits the talent it needs in order to succeed.
- You pay less than the cost of in-house payroll processing and benefits administration.
- And, because of the tax advantages provided by the P.A.C.E. Solo W-2™ business model and the superb employee benefits infrastructure, the talent
you recruit will receive higher total compensation and far better employee benefits
than your organization could otherwise provide.
Ten Reasons Why Solo W-2™ is Better than Self-Employment
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P.A.C.E. Solo W-2™ Back-office Services
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