Payroll services offer plenty of advantages for businesses
. Apart from ensuring that payroll administration is taken care of well, service providers also ensure that your resources are efficiently set apart for your core responsibilities, leading to streamlined performance and overall better productivity at lesser costs. Significantly, efficient payroll administration directly contributes to employee satisfaction and legal compliance.
Comprehensive and Cost-effective - Payroll Solutions
Payroll services that offer plenty of advantages for businesses cover every spectrum of the responsibility and include:
.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
Streamlined Functioning of Business Ensured
Payroll services truly offer many advantages to businesses. With these extensive responsibilities on hand, you can concentrate on your core processes leaving the rest to the PEO. PEOs don't just confine themselves to payroll administration but also a whole lot of human resource management services. Companies can choose to either outsource all HR responsibilities or only one or two tasks to a PEO. In any case, the relationship with a PEO will be a successful and profitable one.