How Much Does an HCM Solution Cost?
Our HCM solutions, designed to streamline your HR functions with integrated and automated technology options, are priced in packages to provide the best value to you and your business.
Essential
Starting at
$6.00 per employee/month
plus $120.00 per month and a separate one-time implementation fee
Enhanced
Starting at
$12.00 per employee/month
plus $200.00 per month and a separate one-time implementation fee
Elite
Starting at
$18.00 per employee/month
plus $280.00 per month and a separate one-time implementation fee
Enhance Your HCM System
Time and Attendance
Simplify employee scheduling with a fully integrated time tracking system, featuring unmatched accuracy, adaptability, and accessibility.
Starting at $2.30 per employee/month.
Expense Management
Eliminate paper reporting and reimbursement with a configurable expense management module made to optimize your financial workflows.
Starting at $1.73 per employee/month.
401(k) Data Integration
Avoid IRS penalties with technology developed to ensure that your 401(k) payroll contributions are always accurate and on time.
Fixed price of $50.00/payroll processing period.
Geofencing
Ensure time and attendance accuracy with configurable technology-based boundaries to limit where and when your employees can clock in and out.
With a fixed price of $35.00/month.
Recruit and Hire
Expedite your hiring process with the right technology to help you source, attract, and hire the right employees, all from a single, easy-to-use platform.
Minimum 1 year contract starting at $127.50 per month.
Employee Engagement
Implement a data-driven approach to monitoring employee performance with an engaging and collaborative platform proven to increase productivity.
Minimum 1 year contract starting at $7.50 per employee/month.
People Analytics
Utilize AI technology to source and secure top talent, monitor trend-based performance metrics, and develop your workforce with data insights.
Minimum 1 year contract starting at $2.00 per employee/month.
FAQs
Is there an agreement term to fulfill before I can modify my service package?
No.
We are less concerned with contracts than we are with complete customer satisfaction.
Our goal is to make sure that your HCM system is optimized to the specific needs of your business - so, we not only allow customizations but offer support for them throughout the duration of your service agreement.
However, because modifications take time to effectively implement, we do request 30-day advanced notice of service package changes.
Note: Select HCM add-on features require a 1-year commitment.
Can I purchase HCM solution add-ons without an Essential, Enhanced, or Elite service package?
No.
Because our HCM platform has a minimum module requirement before enhancements can be made, add-ons can only be applied to one of our service packages.
We want to make the value of our additional HCM features both affordable and accessible to your business, no matter the size or growth projection. That's why we offer a range of competitively priced and fully scalable service packages with add-on capability, ready to be customized to meet your business needs and match your budget.
How much will my one-time implementation fee cost?
The one-time implementation fee amounts to 15% of your estimated annual investment.
This implementation fee covers the time and labor required to set up your HCM system including:
- Solution analysis & planning
- Data collection & migration
- Software configuration & customization
- Integration
- Platform testing
- User training
How Much Do Employee Benefits Cost?
The reality is, employee benefits are not one-size-fits-all, and neither is benefits pricing.
So, while we can’t provide an exact number, we can break down the cost of coverage in a digestible way.
This page dives into the types of coverage available and the factors that make costs go up or down.
Our goal is to make it as easy as possible for you to estimate how much of an expense employee benefits for your business will be.
Build Your Employee Benefits Plan
Don’t settle for generic coverage! Instead, build an insurance plan that meets the specific needs of your employees and business.
Here are the benefit options you can choose from:
Medical Insurance
Dental Insurance
Vision Insurance
401(k)
Short-term Disability Insurance
Long-term Disability Insurance
Life Insurance
Hospital Indemnity Insurance
Accident Insurance
Critical Illness Insurance
Cancer Insurance
Pet Insurance
FSA/HSA
Student Loan Reimbursement
Employee Benefits Cost Factors to Consider
Selecting the right benefits for your employees is complicated and involves many factors that affect costs - here are some of the main factors that may impact the price of your employee benefits:
Number of Employees
Larger businesses are generally eligible for volume discounts, so your employee count impacts the rate you can expect to pay for employee benefits.
Benefit Options
The type and extent of insurance you offer will influence the cost of employee benefits — as a rule, more comprehensive coverage is more expensive.
Employer Contribution
How much will you choose to contribute to the monthly premium your employees pay? This amount directly affects the cost of your benefits offering.
Employee Participation
The number of employees who choose to enroll in benefits increases the carrier liability for insurance claims and can inflate the cost of your benefits.
Carrier Selection
Carriers offer a range of premium rates, plan options, network providers, administrative fees, and more, all factoring into how much your benefits will cost.
Rating Location
Health provider costs and availability vary based on regional location — the area your business is located in, then, will impact your benefit rates and options.
Small vs. Large Group
Because insurance carriers offer different rates for small group benefits and large group benefits, this determination directly affects your cost.
ACA Status
Compliance with ACA, when applicable, impacts the cost of employee benefits by regulating the type and affordability of coverage you are required to offer.
Actual Employee Benefits Rates
The proof is in the prices. Here are examples of Combined's clients so you can compare your situation and better estimate what the cost of employee benefits for your business may be:
Industry: Manufacturing
Annual Premium Cost: $600k
# of Eligible Employees: + 75
Types of Coverage: Medical, Dental, Vision, Accident, Critical Illness, Life, Voluntary Term Life, Long Term Disability, and Pet
Industry: Non-profit
Annual Premium Cost: $750k
# of Eligible Employees: + 100
Types of Coverage: Medical, Dental, Vision, Life, Voluntary Term Life, and Worksite
Industry: Facilities Services
Annual Premium Cost: $250k
# of Eligible Employees: + 300
Types of Coverage: Medical, Dental, and Worksite
Industry: Transportation
Annual Premium Cost: $164k
# of Eligible Employees: + 25
Types of Coverage: Medical and Dental
Industry: Warehousing
Annual Premium Cost: $35k
# of Eligible Employees: + 10
Types of Coverage: Medical, Dental, and Vision
Industry: Retail
Annual Premium Cost: $60k
# of Eligible Employees: 10
Types of Coverage: Medical, Dental, Vision, Life, and AD&D
FAQs
Are there any additional fees apart from the cost of my insurance premium?
No.
You will never pay more than the cost of your insurance premium.
At Combined, our mission is to provide you with the best coverage options at the best possible prices. We accomplish this by offering insurance plans from the nation's leading carriers without service charges or hidden fees.
Why should I work with Combined instead of purchasing insurance directly from a carrier?
Because, here at Combined, we advocate for you and your business, so you can confidently navigate the complexities of employee benefits.
For Example: While a carrier will provide you with a limited selection of insurance plans from their own product lineup, our experienced brokers will engage with competing carriers to find you the best coverage options.
When you work with us, you get more than just insurance — you get a partner to help you manage your employee benefits.
Do you offer online enrollment options?
Yes.
Not only do we have a fully integrated HCM enrollment tool, we also have several no-cost online enrollment options available. And, our expert benefits team will provide you with assistance during your open enrollment.
How Much Does Business Insurance Cost?
The reality is, commercial insurance is not one-size-fits-all, and neither is commercial insurance pricing.
So, while we can’t provide an exact number, we can break down the cost of coverage in a digestible way.
This page dives into the types of coverage available and the factors that make costs go up or down.
Our goal is to make it as easy as possible for you to estimate how much of an expense insurance for your business will be.
Customize Your Commercial Coverage
Here are the plan options you can choose from to build a unique insurance plan that meets the specific requirements of your business:
Workers' Compensation Insurance
General Liability Insurance
Employment Practices Liability Insurance
Cyber Liability Insurance
Crime Insurance
Professional Liability Insurance
Commercial Property Insurance
Builder's Risk Insurance
Commercial Umbrella Insurance
Commercial Auto Insurance
Cargo Insurance
Inland Marine Insurance
Directors & Officers Liability Insurance
Business Insurance Cost Factors to Consider
Business insurance is complicated and there are many factors that affect costs - here are some of the main factors that impact the price of commercial coverage:
Business Size
The larger your workforce is, the more coverage you’ll need to both meet legal demands and provide adequate protection to your employees.
Business Location
The location of your company introduces a variety of risks ranging from climate to crime rate, all of which can contribute to the extent of coverage you need.
Building Age
Older buildings may be outdated and more susceptible to everyday hazards, requiring a higher degree of coverage and resulting in a higher insurance rate.
Building Security
Did you know that security measures can reduce the price of your insurance? Alarm systems, surveillance cameras, and access controls can save you money.
Weather Conditions
Inclement weather impacts the cost of coverage — if weather-related events threaten damage to your business, you can expect to pay a higher insurance premium.
IT Infrastructure
Security measures extend to IT — a business without IT security is susceptible to cyber breaches and data theft and an elevated commercial coverage cost.
Actual Business Insurance Rates
The proof is in the prices. Here are examples of Combined's clients so you can compare your situation and better estimate what the cost of coverage for your business may be:
Industry: Food & Beverage
Annual Premium Cost: $2M
# of US Locations: 59
# of International Locations: 958
# of Employees (Estimate): + 10,000
Types of Coverage: Workers’ Comp, Commercial Auto, Crime, Cyber, EPLI, and Packaged Business Owner’s General Liability and Property
Industry: Biotechnology
Annual Premium Cost: $500k
# of US Locations: 123
# of Employees (Estimate): + 500
Types of Coverage: Workers’ Comp (All Business Entities)
Industry: Imports
Annual Premium Cost: $200k
# of US Locations: 1
# of Employees (Estimate): + 50
Types of Coverage: Workers’ Comp, Umbrella, Commercial Auto, Commercial Cargo, EPLI, and Packaged Commercial General Liability and Property
Industry: Non-profit
Annual Premium Cost: $60k
# of US Locations: 3
# of Employees (Estimate): + 50
Types of Coverage: Workers’ Comp, Umbrella, Crime, Cyber, EPLI, Surety, and Packaged General Liability, Professional Liability, Property, Hired Auto, Non-Owned Auto, and Inland Marine
Industry: Healthcare
Annual Premium Cost: $5k
# of US Locations: 3
# of Employees (Estimate): + 75
Types of Coverage: Workers’ Comp, Property, and General Liability
Industry: Marketing
Annual Premium Cost: $2k
# of US Locations: 1
# of Employees (Estimate): 21
Types of Coverage: Workers’ Comp
FAQs
Are there any additional fees apart from the cost of my insurance premium?
No.
You will never pay more than the cost of your insurance premium.
At Combined, our mission is to provide you with the best coverage options at the best possible prices. We accomplish this by offering insurance plans from the nation's leading carriers without service charges or hidden fees.
Can the cost of my insurance premium change over time?
While the price of your insurance premium is subject to change, you will always be informed prior to any potential fluctuations in cost.
Here at Combined, our team works proactively to make sure that you always have the most cost-effective coverage. In the event of an increasing premium price, we will provide you with alternative insurance plans to compare against your original policy.
Is there a minimum premium that I can expect to pay for my insurance?
Yes.
Generally, business insurance plan premiums start at $500.
If you would like to receive a custom coverage quote for your business, contact us today.
How Much Do HR Services Cost?
Our HR consulting services are designed to provide you assistance and support tailored to your specific needs and priced per hour to provide the best value to you and your business.
6 hours
$750 per month
$150 per additional hour
12 hours
$1,500 per month
$150 per additional hour
How Much Do HR Services Cost?
Our HR consulting services are designed to provide you assistance and support tailored to your specific needs and priced per hour to provide the best value to you and your business.
Dedicated HR Representative
Monthly Compliance Updates and Check In
Comprehensive Policy Review and Development (Handbook, Safety, IIPP Manual)
Employee Classification Testing
Employee Onboarding/Termination Support
Leave Management
Employee Training
Employee Conflict Resolution
Dedicated HR Representative
Monthly Compliance Updates and Check In
Comprehensive Policy Review and Development (Handbook, Safety, IIPP Manual)
Employee Classification Testing
Employee Onboarding/Termination Support
Leave Management
Employee Training
Employee Conflict Resolution
FAQs
Is there a minimum contract length for HR services?
Yes.
We offer a flexible 1-year contract for our HR services.
You can adjust the number of service hours you need each month with a 1-month advanced notice. However, we do have a 6-hour base package as the minimum monthly requirement.
Should you no longer require HR help, you can also end your service agreement early with 1-month prior notice.
Do you offer HR service options priced on a per-project basis?
No.
The cost of our HR Services is determined on a per-hour basis.
However, because our HR services are priced per hour, we will quote you an approximate number of working hours that will be required to complete your project, so that you can estimate how much it will cost.
Are there any cost differences between on-site and remote HR services?
Yes.
While the hourly rate for HR services remains the same whether they are performed on-site or remotely, you must also consider travel expenses as part of the price for in-person assistance.
How Much Does Recruiting Cost?
Our comprehensive recruiting service, designed to help you hire top talent with ease, is priced per hour to provide the best value to you and your business.
Job Description Creation & Development
Salary Benchmarking
Multiple Job Board Posting
Resume Screening
Candidate Evaluation
Cognitive and Skills Testing
FAQs
What job types do you recruit for?
Because we utilize organic job board applications to identify qualified candidates, our recruiting services are ideal to help fill general positions.
For example - Sales Associate, Administrative Assistant, Customer Service Representative, Etc.
Our recruiting services are not designed to fill competitive senior, executive, or highly specialized positions.
How much do your recruiting services cost?
Our comprehensive recruiting services start at $1,500 per position.
The cost breakdown is $150 per hour with a baseline of 10 hours.
Here at Combined, we think that you should only have to pay for the time our team spends actively recruiting for your company. And, to effectively recruit for general positions, we’ve found that it takes a total of 10 working hours.
Recruiting for more specialized positions is more demanding and takes our team longer than this 10-hour baseline, affecting the overall cost.
In your introductory meeting, you will be given an hourly projection based on the position you are hiring for so that you have an accurate estimate of what our recruiting services will cost you.
Do you guarantee employee hiring and retention?
While we don't guarantee employee hiring and retention, our recruiting services are designed to help you find your ideal employee and have been 100% successful in transitioning talent from the acquire to hire stages with an 85% long-term retention rate.