Need to know
- The costs of payroll outsourcing can be outweighed by the timesaving efficiencies it creates, which allow employers and staff to focus on other areas of business operations.
- Pensions auto-enrolment can create its own payroll challenges, with fluctuating eligibility among employees on variable pay. Outsourcing payroll can help employers overcome this issue.
- Employers should bear in mind that even though they are handing their payroll process to someone else, they are ultimately responsible for their organisation remaining compliant with legislation.
Payroll processing is a complex and time-consuming, critical business task, which is why many employers decide to outsource the job to dedicated payroll service providers with the latest technical resources, and enable their staff to add value elsewhere in the business.