What to Look for in a Payroll Service
Not all payroll providers offer the same level of service. Here are some specific things businesses should look for from a payroll provider, including: Features. Besides payroll processing and the handling of all tax obligations, you should also consider whether the service offers multiple pay options, like direct deposit, paper check or prepaid debit card. You’ll also want to see if the provider offers multiple wage rates, paid-time-off management, workers’ compensation administration, Batch Payment posting, Batch Transaction Editor and detailed payroll reports. User Friendly. The payroll service should not be too complex to understand. It should have a clean and easy-to-use interface that allows you to run your payroll and add employees into the system in a matter of minutes. Cost. Businesses want to find a service that they can afford. In addition to cost, you also need to determine if a contract is required. Many services operate on a...