Why MyBackOffice (MBO)?
Apart from specialized services, MBO offers you a variety of benefits solutions, with flexible plan designs to adapt to your needs. With MBO, you have the ability to choose from a wide assortment of plans such as, fully employee-paid options that cost you virtually nothing to offer, fully employer-paid solutions that provide you with a competitive edge in the hiring marketplace, or even part employer-paid contributions where you choose the specific dollar amount or percentage ofpay that best accommodates you. We offer a complete array of supplemental products giving you the benefits enjoyed by large corporations. With the MBO Advantage, your services are tailored to your unique needs and remain within a budget set in place by you.
Our business model is designed to address the needs of national and international small businesses from the financial industry to international, technology and infrastructure sectors. We serve clients who employ one to 10 individuals; however, we are proud of our unique ability to assist those businesses with fewer than five employees in gaining access to HR services and group benefits that many service providers do not typically make available.
Our payroll administration does more than just issue paychecks. We manage all aspects of payroll including regulatory reporting, tax deposits and W2 processing. Here are a few of the benefits you will receive when MBO takes over as the payroll specialist:
- Efficient Issue of Payroll Checks
- Calculating and Submitting Payroll Deductions
- Timely Payroll Tax Deposits
- Online Payroll Processing
At MBO, we take on the responsibility of filing your tax reports and deposits. We will eliminate any “hassle” or “stress” associated with this process, allowing you to focus your energy on other areas of your business. By allowing us to take on this task, you will never have to deal with the headache and/or possible penalties that may apply if your taxes are not done correctly or in a timely fashion. Our team is well-versed in this area, and is here to keep you tax-compliant.
Tax Benefits Include:
- Timely Tax Deposits
- Quarterly and Annual Tax Filing Reports
- W-2 Processing
These benefits have the potential to save you thousands of dollars in savings each year, even after you factor in our small service fee. We provide all-inclusive services in the hopes that you will take advantage of them. They can be packaged into one easy installment; there are no hidden fees.
MBO’s range of superior benefits products include:
- Group Health Insurance Plans
- Dental and Vision Plans
- Life Insurance
- No minimum employee participation required
- No company contribution required
- 401 (k) Plan
- Section 125 Cafeteria Plan
- Health Savings Account
How can you benefit from the MBO Advantage
When MBO becomes your HR specialist, you and your company will be able to cut down on expenses while gaining back valuable time. By obtaining the services of a seasoned third-party provider, our clients can expect the following:
- Workers’ Compensation Insurance and Payouts
- Employee Benefits
- HR Functions, such as Payroll and Benefits Administration
- Recruiting Services
- Lower Employee Turnover
- No Waiting Period for your Employee/Employer Benefits
- State and Federal Tax Compliance
- Administration of COBRA Benefits
- Online Access to Payroll Records and W-2’s
- All-Inclusive Services Rolled into One Easy Payment These benefits have the potential to save you thousands of dollars in savings each year, even after you factor in our small service fee. We provide all-inclusive services in the hopes that you will take advantage of them. They can be packaged into one easy installment; there are no hidden fees.
MBO offers guidance and support to build the ideal benefits plan for your business, communicate the information to your employees, govern all paperwork and manage your regulatory compliance. Your support specialist will also be available to answer any questions about your plan, or to help modify it as needed.
It takes patience and vigilance to acquire good talent, and while you may have the company’s best interests at hand, you may not have sufficient time to invest when it comes to searching for a new candidate to fill a position within your company. At MBO, we take our knowledge and put it into practice to seek, filter through, screen, interview and present you with the best possible candidates - candidates who will help your company thrive and excel. Whether you are seeking a support level employee or an executive, we will take you through each step in the process, including but not limited to, the offer letter and administration of new hire paperwork. Again, this is just another way MBO will relieve you of these time-consuming tasks. For a fraction of what industry recruiters and agencies charge, you will have your complete back office solution, MBO, assume this task.
New Hire Procedures Offered by MBO:
- Human Resources Outsourcing
- Screen Responses
- First Interview
- In-depth Employee Screening and Drug Test