Consolidated Personnel Services is a Payroll Company, that provides payroll, will sell workers compansation and provide other HR services.
They say they make their income by charging an admin fee. They dont tell you they charge a high unemployment tax rate of 2.90% when they actually pay about 2.1% so they get you on the taxes, they pad the workers comp rates after the first renewal so they make additional profit on that as well as commissions on insurance products.
If you join the master group health plan they administer and get very ill, be careful they have cancelled companies from their plan when they find out someone is very ill by saying they no longer qualify due to size of the group etc.
Unemployment taxes stop at $7500 it is legal to charge taxes above that but not ethical.
You may be charged an admin fee on your payroll of 1.5% or 2% but dont be fooled they are making additional revenue on the taxes and workers compensation. Company is slick beware before signing. They are not a member of the National Association of PEO the association that helps to rule Professonal Employer Organization.
An Attorney could file a class action suit for any past CPS clients and current clients to see if they are being charged more for work comp than told as well as recoup fees they were not told about.
There are many good payroll companies this is not one of them.
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