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Third Party Employer. Definition of an Employer. A Legal Entity Registered as an employer Employer Identification Number Provides W2 Withholds taxes Liable for unemployment and workers compensation claims. What is a Third Party Employer.
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Definition of an Employer • A Legal Entity • Registered as an employer • Employer Identification Number • Provides W2 • Withholds taxes • Liable for unemployment and workers compensation claims
What is a Third Party Employer • Agencies, organizations, or individuals recruiting candidates for temporary, part-time, or full-time employment opportunities other than for their own needs. • Entities that refer or recruit for profit or not for profit
Agreement This Memorandum of Agreement (“MOA”) is made and entered into as of _______, between _______and _______ WHEREAS, _______ is unable at the present time to employ an _______; WHEREAS, CIS of Georgia has agreed to employ an individual to serve as an _______at the _______and loan this employee to _______; WHEREAS, _______and _______desire to specify the terms and conditions of this loaned employee arrangement;
Contract Continued NOW, THEREFORE, in consideration of the covenants, conditions and promises contained in this MOA, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the _______ and _______(jointly, the “Parties”) agree as follows: Hiring for Position: Who will be responsible for hiring and selecting employee? Employment, Salary, and Benefits: Who will have access to personnel records. Who will set salary. What kinds of benefits will be provided Supervision, Evaluation, and Termination: Who supervises this person Payment: What are the fees for hiring this employee
Payment Inclusions • Salary Payment • Social Security Matching - 6.2% of Salary • Medicare Matching - 1.4% of Salary • Health Insurance • Dental Insurance • Other Supplemental Insurance • Retirement Plan Matching • Workers Compensation • Unemployment – Organization Rate / First $8,500 • Paid leave earned • Administrative Cost
Contract Continued • Expense Reimbursement • Safe and Adequate Work Space • Term of MOA: How long this agreement will exist and how parties can terminate the agreementif necessary • Complete Agreement • No Oral Modification • Severability • Governing Law
Questions? Comments? Saadia H Mazhar or James Rutherford 404-881-2140 smazhar@cisgeorgia.org