Payroll Services

Payroll Services

How Outsourcing Payroll Processing Can Help Your Business

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Does outsourcing payroll make sense for your company? As your business grows, you may find that handling this function in-house is too big a headache. Trying to keep abreast of changes to federal and state laws as they apply to multiple employees while ensuring that filings are made correctly is a lot of pressure, especially on top of the day-to-day work of keeping the business running.

Outsourcing Payroll Processing

Turning payroll over to a company that specializes in it makes sense, as it frees up time to devote to other activities.

Pros and Cons of Working with Outsourced Payroll

The main positive aspects of payroll outsourcing are:

The main negative points are:

Comparing Payroll Service Companies

Here are some points to consider:

Cost of Outsourcing Payroll Processing for Business

Payroll companies may offer a package deal for services that includes processing the payroll, online access for employees, tax filing, and direct deposit for anywhere from $25-$200 per month. Online payroll processing services usually charge a certain base rate, regardless of whether you pay your employees weekly, biweekly, semi-monthly or monthly. This rate can vary from $25-$160 per month.

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