When it comes to running a business, managing payroll could easily be deemed as one of the most arduous, time-consuming tasks. Any small error with payroll can lead to massive issues with employee satisfaction and costly burdens to the human resources or accounting departments of the business. For these reasons, most employers do outsource their payroll processes to a third-party company that handles making sure employees get paid.
With so many different options available, how do you find payroll services for employers? Take a look at a few good attributes to watch for as you narrow down your choices.
Look for payroll services that manage each type of employees' payments.
If you are like a lot of modern-day businesses, you won't just be paying full-time employees during any given pay period. You may have part-time employees, contracted freelancers, and even temp employees on your payroll. Be sure that the payroll service you pick is capable of processing payments for each type of paid associate.
Make sure the payroll service has an easy-to-use mobile platform.
Mobile platforms are one of the most convenient ways for employees to access their payment information. The majority of people handle their financial accounts right from their mobile devices, so if you have a payroll service without a good mobile platform, it can be inconvenient for employees. Not only should the payroll service have a good mobile platform, but the platform offered should be:
- Easily navigable
- Secure to use
- Functional at all times
Find out if a payroll service has flexible tiers of service to suit your business.
Every business has its own way of paying employees. You may have 100 employees that are paid bi-weekly, employees that prefer direct deposit over paper checks, or even some type of flexible payroll where employees can elect to pay themselves. The best payroll service provider will have a multi-tiered service lineup so you can practically build the level of service that works out for the benefit of your business and your employees.
Be sure the payroll service also handles tax document processing.
When you have a payroll service handling your employee payments, it is only logical for them to also handle the tax documents at the end of the year. For example, the company should offer W2 processing and sending out 1099s to contracted freelancers who may have been paid by your company through the year.
For more information, reach out to a local service provider.Share