Choosing the Right Payroll Service Provider

Choosing the Right Payroll Service Provider

Choosing the right payroll service provider is one of the vitally urgent tasks for a company, as it helps streamlined payroll administration, which leads to satisfied staff and legal compliance. This leaves you to focus your resources on your core tasks. The payroll services provider, which is basically a PEO, helps you cut costs by taking care of your important but non-core HR responsibilities.

Efficient and Comprehensive Payroll Services

The PEO or Professional Employer Organization provides cost-effective and flexible payroll administration solutions that are comprehensive and include the following:

Administration of paychecks and stubs

Direct deposit to multiple bank accounts

Payroll delivery

Payroll checks drawn on Kruse account

Section 125 pre-tax administration

Payroll deductions, garnishments and levies

Flexible spending accounts

Federal and State payroll tax deposits and returns

FICA, FIT & SIT tax withholdings

Customized reports

Job cost accounting and cost allocation reports

FICA, FUTA, SUTA quarterly reports

New hire reporting

Federal payroll summaries

Production and delivery of W-2s

Wage/hour law compliance

Paid leave program management

Vacation & sick time accruals

Department summary

Catering to multiple worksites

Choosing the right payroll service provider will ensure that you receive cost and resource savings from outsourcing. It will also ensure that there actually is efficiency in the services provided and that it isn't all talk but no action.

The PEO that offers payroll services is also capable of offering other HR outsourcing solutions that will contribute to even greater resource savings for your organization, whatever be its structure, nature of business and size. It all begins with choosing the right payroll service provider.

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