What are the pros and cons of outsourcing payroll services for a small business?
Why and when should you outsource payroll? Which type of small business is better off outsourcing to a payroll company?
Outsourced payroll solutions are for all sized businesses. Historically, it was considered a benefit for only large organisations, however small to medium enterprises can take advantage of reducing costs, have comfort in knowing that all legislative requirements such as superannuation, PAYG, payroll tax, workers’ compensation and all other employee related reporting, will be carried out by professional payroll staff. Outsourced payroll provides Managers and Business Owners the opportunity to do what they do best, run their businesses. Focusing on back office administrative and non-profit generating activities such as payroll, distracts business owners from the daily business of running their organisations.