6 Really Good Reasons to outsource your payroll right now

David, 6 Really Good Reasons to outsource your payroll right now Even the addition of just a few employees becomes a burden when payroll is due and tax regulations determine when the pressure is on. Unless your career has taken a rare turn through HR and payroll accounting, you probably do not have the experience to correctly handle the needed benefits, payroll, deductions, and tax reporting tasks when you are building your company. Reason # 1: Grow your business It takes YOU to grow your business. While you are tearing your hair out over the intricacies of payroll and payroll documentation, your opportunities will slip by. When you selected a business, you build your decision around your own core competencies. It is not likely that payroll handling and payroll takes is going to be one of them. Begin to do what you do best. Reason # 2: Control your operating costs Especially, when things aren't going well in the payroll processing, it can take a lot of time for a non-expert to solve the dynamics that are not working out, and that doesn't even address the embarrassment of payroll errors and post-payroll corrections to employees. Payroll outsourcing creates an affordable, efficient, known, fixed cost that can be predicted and budgeted. As you add employees, you do not have to find new ways to solve the growth issues; they are already established. Reason # 3: Control your accuracy--be error free It really does get embarrassing when tax withholding, benefits, and salary or wage mistakes appear on an issued payroll check. The second time it happens, it will even cause some eyes to roll. Some mistakes just happen because of the dynamic changes always taking place in withholding rules or percentages that when you are trying to grow or just managing your business it is almost impossible to keep up. Payroll management is one of the permanent tasks we regularly do and we are staffed with people who specialize in keeping up and keeping accurate. Reason # 4: Never miss a deadline Not only does missing a payroll day feel incredibly uncomfortable when your employees start coming to you, missing tax withholding and filing deadlines can become very uncomfortable not to mention expensive. CBR commits to its clients not to miss deadlines and not to incur penalties. Payroll management is a specialty, and as a specialty it is not a difficult task for us to meet all necessary deadlines. Reason # 5: Save the costs of outfitting process programs, materials, and staff Why would you want to spent time "reinventing the wheel" when there is so much to do to make your business grow? There are a lot of good payroll programs and plenty of skilled employees that would allow you to manage you own payroll. That comes with a cost, though, and sometimes the cost of managing payroll yourself is not calculated in the cost of doing your own. Use that money where you can get the job done more efficiently, more accurately and more promptly. We examined the ups and downs of doing it yourself in the March, 2009 newsletter article, "What tools are your staff equipped with to manage payroll?" Simply click on the title to see the article. Reason # 6: Keeping up with changes and employee rights A good payroll outsourcing provider such as CBR will keep you informed about legislated changes that affect your employee relations areas. Such areas include holiday entitlements, minimum wage thresholds, sick pay, and such things as you may not readily count on such as maternity, paternity and adoption pay. We let you know and advise you about payroll legislative changes which affect areas such as Holiday Entitlement, Minimum Wage, Sick Pay, Maternity Pay, Paternity Pay, Adoption Pay. Let us go through all the things we can do for you, cost-effectively, accurately, and in a timely manner. Call us at our toll-free number, (888) 700-8512 or visit our website and drop us a quick note and we will get back to you. Home | About CBR | HR Services | HR Outsourcing

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2301 W Dunlap Ave
Suite 211
Phoenix, Arizona 85021
United States
(602) 200-8500