EVERYBODY LOVES PAYDAY--EXCEPT THE PERSON RESPONSIBLE FOR THE REPORTING.
Payroll administration can include tasks such as logging employee hours, tracking employee pay rates, managing payments to employees, and deducting payroll taxes. For businesses with under five employees, these tasks are relatively simple and straight forward. Companies with more than five employees often find payroll administration is better left to a PEO.
If you’ve progressed to the point in your business that processing your payroll is costing you too much time and money, Staffscapes can help you with administering your payroll.
HOW DO YOU KNOW IT’S TIME TO USE A PEO FOR YOUR PAYROLL ADMINISTRATION?
If the time you are spending processing payroll is draining too much time from the productivity of your business, it’s time to outsource it. If you aren’t staying up with state and federal payroll taxes, it’s time to find a payroll administrator.
Passing payroll administration responsibilities on to Staffscapes will help prevent the problems that can arise with large volume payroll processing. Direct deposits, tax deductions, and tax exemptions can cause difficulties that lead to errors in the processing of payroll which can translate into serious complications for small business owners. It is vital to the health of your small business that you manage your payroll administration as efficiently as possible.
PAYROLL & EMPLOYMENT LAWS
One of the most important aspects of payroll administration is making sure that the company payroll policies adhere to the local and federal employment laws. These rules can apply to overtime, holiday pay or other payroll changes.
StaffScapes will relieve you of this burden and securely and reliably take care of all processing, filing, and reporting tasks related to payroll administration. This includes responsibility for:
- Social Security/FICA
- Federal and state withholding tax
- Processing and delivery of paychecks
- Necessary deductions
- Remittance of all payroll taxes
- Employee records maintenance
- Filing of state and quarterly reports
Is it time to pass your payroll administration on to a qualified professional? Contact us to discuss your needs.