Client Overview
A growing medical staffing agency needed to convert their entire workforce from 1099 contractors to W2 employees to comply with changing regulations. With over 100 contractors placed in various healthcare facilities, they were seeking a solution that could handle payroll, compliance, and the complexities of onboarding W2 employees.
Challenges
- Converting all 1099 contractors to W2 employees within a short timeframe.
- Managing payroll, taxes, and compliance for a dispersed workforce.
- Ensuring a smooth transition without disruption to healthcare services.
VimHR’s Solutions
- Employer of Record (EOR) services handled the full conversion process, ensuring compliance with tax and employment laws.
- Streamlined payroll processing, benefits administration, and tax withholding for W2 employees.
- Comprehensive onboarding support to manage new hire paperwork and state-specific regulations.
- Implemented benefits packages, including health insurance and 401(k) plans, to attract and retain top talent.
Results
- Successfully transitioned all staff to W2 employees within the required timeframe.
- Ensured 100% compliance with state and federal employment regulations.
- Improved staff retention by offering competitive benefits and eliminating contractor uncertainties.
- Enhanced operational efficiency, allowing the staffing agency to focus on client growth and service delivery.