Payroll Outsourcing Management

Payroll Outsourcing Management

Payroll administration is an essential function for every business. From issuing/distributing paychecks and maintaining tax compliance to calculating payroll deductions and garnishments, administrators wear several hats. If you own a business and are looking to staff your payroll department, here’s what you need to know.

• Payroll is complicated, time-consuming and involves a varied range of responsibilities on daily basis. Small and Medium businesses find it very stressful to manage it all by themselves and thus are increasingly preferring a third party payroll service provider. This is owing to the fact that it has been proven effective and easier to handle payroll when signing up with an agency.Maintaining employee/payroll records
• Auditing timekeeping records to ensure compliance
• Entering new hires into the payroll system
• Posting changes in pay and tax status