Doing your own payroll, even if it’s for just one employee, usually comes with a lot of work and headaches. This is why payroll service providers have come up with ways to help make the life of payroll managers much easier. Because there are a lot of rules, laws, calculations, and other things to know, using online payroll processing services to run payroll makes more sense, since they do most of the work for you. But how do you know which payroll service is the best option for your company?
Are you responsible for running payroll for a Michigan-based business? If so, you know the stress and headaches that come with it. As a payroll manager, your job is to stay up to date with local legislation and other regulatory requirements in order to stay compliant, as well as running payroll accurately and in a timely manner.
Tips and Tools Every HR Professional Should Know About:
Recruiting | Applicant Tracking System
Retention | Onboarding Software
Payroll | Online Payroll Software
Time & Attendance | Time & Attendance Software
Did you just open a new business? Perhaps you just started a new role at a company in the HR department. Whatever the case may be, it is a known fact that any HR role comes with a lot of stress and time-consuming tasks such as recruiting, onboarding, compensating employees, approving time off requests, maintaining policies and records, ensuring compliance, handling employee concerns and so on. All these tasks are important and there is no way around them, but luckily, there are ways to make those tasks easier and streamline your processes.
As you may already know, there are many different types of payroll processing: ranging from in-house to outsourcing, to even using a CPA. You’ve probably have heard of many different payroll service companies, but do you know exactly what they do and what they offer? Just like their name suggests, payroll companies ensure that employees are paid on time and that all of the employers stay compliant. Obviously, payroll is more than just writing checks, and a good payroll company will offer more than just that. Depending on the size of the company and the software’s capabilities, there are a variety of different things that payroll companies do for their customers.
Payroll is a very important aspect of nearly every business, so choosing the best payroll services is imperative. Running payroll is not only about ensuring employees get compensated, but also about making sure their hours are accurate and that the company is staying compliant. There are a wide variety of payroll services out there, so I would like to give you some information that can help you make the best decision.
We at Dominion take security very seriously. Since we are a payroll and HR company, we keep our client’s personal information stored within our software and we take every precaution to make sure it is safe. Recent studies show that identity theft has become more common, and it is very hard, if not impossible, to completely eliminate. Social security numbers, addresses, bank account information, and wages are just some of the data that can be found within payroll softwares or departments. If by any chance this information gets in the wrong hands, your company’s reputation will be at risk, and so will your employees’ personal information. So what can you do to avoid this