Employer Services Payroll Operations Retentions
- Home
- Employer Services Payroll Operations Retentions
What We Provide
YOUR HUMAN RESOURCES PARTNER
Our company provides simple solutions for tracking employee information, organizing schedules, calculating payroll costs, and providing detailed earnings statements. We provided payroll reporting in Smart digital sheets, a work execution platform that empowers you to more efficiently manage your finance operations with real-time collaboration and process automation.
EMPLOYER SERVICES- PAYROLL-OPERATIONS-RETENTIONS
All employers must keep payroll records for each employee, including:
- the particulars of every employment contract;
- the name and address of the employee;
- a brief job description;
- the start and end dates of employment;
- hours at which work begins and ends each day;
- the times for breaks;
- the total number of hours worked each day and each week;
- the regular rate of pay (hourly wage);
- total wages paid;
- dates on which each vacation is taken;
- the amount paid to the employee with respect to each vacation to which the employee is entitled and the date of payment;
- the amount paid to the employee with respect to each public holiday and the date of payment; and
- all deductions from wages and the reason for each deduction.
SOPs Training
Standard Operating Procedures where we provide the potential employees with guides on how to effectively complete tasks and follow procedures specific to the employer's environment.
GMPs Training
Good Manufacturing Practices such as quality management, sanitation and hygiene, equipment, raw materials, personnel, validation and qualification and complaints.
WHMIS Training
We offer safety training with regard to WHMIS protocols for hazardous materials.
Employer Customized Training
Customized training can relate to employers with unique work environments and what is required for the employees to do when doing their job. This can range from dress codes to standard procedures and anything else the employer considers necessary for efficiency and efficacy.
Benefits of outsourcing Payroll services
Saving for Time for other jobs
Managing payroll internally is quite a taxing task. Payroll department has to look into several intricate and minutest of details such as garnishments, new hires, terminations and benefit deductions to name a few. Plus, any changes in federal and state regulations just makes it even more complicated. Outsourcing payroll accounting to a professional firm unburdens you from worrying about these. One payroll period follows another, and the working hours in between never seem to be sufficient.Outsourcing payroll accounting to a professional firm unburdens you from worrying about these time-consuming tasks requiring 100% precision. It also frees up your HR department’s time which can be utilized for core functions which are strategically more important for your business.
Reduce your Payroll Cost
As a business you can save several precious dollars by outsourcing your payroll function. This is particularly true if you happen to be a small or medium sized enterprise. Established enterprises with a larger work-force can afford to have an in-house payroll department, but if you are a small business with limited resources and small work-force, you must seriously consider outsourcing your payroll function to a professional and reputed payroll service provider. Since time is money, as a small business owner or start-up, it’s costlier for you. This is the reason that many small and middle-sized businesses make a smart move by outsourcing their payroll function to a payroll firm.
Avoid CRA Penalties
it’s almost impossible for a small enterprise to be on the ball with the latest changes in federal and state tax regulations. Payroll mistakes are not to be taken lightly by CRA, because while this can upset your employees, filings with omissions or incorrect details raises a red flag. These mistakes lead to undesirable events such as heavy penalties and even audits.
No Infrastructure or Maintenance Costs
In-house payroll management means investing in paid software plus upgrade costs. Since you need the latest tax tables installed on your systems all the time, that’s an extra time and money consuming strenuous activity, you can’t evade; however, by outsourcing you can say goodbye to these maintenance and infrastructure cost woes with utmost ease.
Direct Bank Deposit
Employees working in small scale companies always want direct bank deposits to be made; however, for small companies it is quite difficult to do so. They have to roll out paper checks every month and also have to manage plenty of paper work to keep a record of rolled out payroll checks. Outsourcing payroll allows you to eliminate plenty of paper work and also eliminates the possibility of any fraud. It’s also less time consuming and error free which makes life easy for small enterprises.
Robust Human Resource Management System
Having a robust HRM system is essential for any enterprise today. Outsourcing your payroll accounting equips you with a robust human resource management system offering faster processing of information and better employee management than an in-house manual human resource management system. Choosing right payroll service provider can give your firm a competitive edge.