Profit Case Studies

Why Us – Profit Case Studies

Profit Impact Case Studies

Solution Services is unique. For most businesses, Human Resources is an expense. We have the expertise to uncover hidden sources of profit in your current HR systems/functions. Clients that partner with us enjoy expertise, economies of scale, and efficiencies that result in more profit. Reduced employee administrative costs. Human Resources becomes a profit center.
Below are just a few examples of companies in all industries that have seen increases in profit and or revenue as a result of partnering with Solution Services.

Property Management

Found overlooked payroll deductions the company was not taking from employees that should have been – payroll expertise and reconciliation. With those errors fixed ended up saving the company $20,000 a year!

Chemical

Solution Services found $25-$30,000 a year savings in Health plan expense looking at market opportunities. The company also had some severe worker safety – even a death. Solution Services helped the company develop a culture of safety, safety, safety. Over time these worker safety expenses were lowered 20% - increasing profit.

Commercial Contractor

Solution Services expertise integrating job costing with payroll and Davis-Bacon reporting requirements enabled quicker turnaround for payments improving cash flow and increasing capacity for more jobs.

Printer

Looking to bundle – saving them time working with insurance brokers, payroll services, health plans, safety training, Covid-19 regulations and claims, employee questions, unemployment claims, etc. Now all under one umbrella saving management time and money - increasing profit. The client was able to pay for our services each month by eliminating an employee’s health coverage payment with an alternative option.

Construction -Rain gutter manufacturing and installation

The company’s workers compensation costs were increasing. Their experience modifier was going up. Due to Solution Services experience in managing workers compensation claims and implementing strong light duty requirements, cost was reduced $25,000 a year.

Plumbing

Paramount was losing employees to their competition. Turnover costs too high. Solution Services expertise in benefits; providing employees and educating them with more health plan options put more money back into the pockets of employees. The client added a 401K retirement matching plan – both combining to lower the turnover rate – increasing profit.

Professional Services

A professional services firm lost their HR person. They were used to a “hands on” HR management approach. They realized with a PEO – Professional Employer Organization they still maintained control of day to day operations and personnel but could give up all administrative, non- income producing activities. Wanted to focus on more important activities and invest in a HR partner that already had HR systems and processes in place. They saved a lot of money outsourcing rather than building an HR team for non- income producing activities. Increasing their profit.

Sub Contractor

An employee left the company but without benefit reconciliation. The company kept paying the employees medical premium. The employee was gone five months before the company realized what they had done. The rule of thumb is you can maybe get back 60 days of premium but Solution Services was able to get back all five months! $2500 dropped to the bottom line. Increasing profit!

Commercial Delivery

The company owner wanted to terminate several people to reduce costs. His approach would have been illegal resulting in possible employee lawsuits. Solution services recommended a way to terminate the employee without firing. Had the employee been fired a likely wrongful termination suit would have followed. This saved the company potentially thousands of dollars in a wrongful termination lawsuit.

Soap Manufacturer

The business owner had been involved in start-up businesses and on the receiving end of lawsuits from employees. He welcomed the expertise of Solution Services to avoid any future lawsuits. In fact, from an initial walk through of their safety protocols the Solution Services HR officer saw a significant violation. Just a couple days later, one of the employee’s mother happened to walk through and saw the same violation! Due to Solution Services advice, the situation was quickly resolved to the satisfaction of the mother and compliance reestablished – avoiding another lawsuit. The owner was grateful! Keeping revenue in the business and not going out in legal fees.