As Staffing Costs Rise, onDiem Drills Down to Improve Bottom Lines
PORTLAND, ORE., Jun 17, 2022 — onDiem today announces the launch of ClearPay, a groundbreaking enhancement to its on-demand staffing platform. ClearPay gives practices a line-item breakdown for the cost of hired temp shifts, including professionals’ wages, a breakdown of labor-burden costs, and onDiem’s service fee.
Those labor-burden costs, which include federal and state unemployment taxes (FUTA, SUTA), are an important factor in determining labor costs - and an often overlooked opportunity for cost-savings.
According to Joe Fogg, CEO of onDiem, “We are always looking for ways to help our clients increase efficiency and profitability; ClearPay is a huge leap in the right direction.”
“ClearPay tracks FUTA and SUTA contributions, and once our temp employees reach the cap, we pass those savings onto our clients,” explained Fogg. “onDiem is the only staffing company (local or gig) to offer this kind of pricing model - one where staffing costs can actually decrease instead of increase.”
“While cost-savings are important, we also want to leverage ClearPay as a catalyst to jumpstart a larger conversation about the illegal - and dangerous - misclassification of dental hygienists as 1099 employees,” added Fogg. “The IRS is cracking down on this practice and both temp employees and practices can benefit from W-2 protection, including malpractice insurance, and transparency that only onDiem can offer.”
Additionally, onDiem will be building a seamless and automated Invoicing and Payment Portal to ClearPay, making its platform a one-of-a-kind, comprehensive human resources solution for busy dental practices.
