PML has two company payroll service plans for your employee
payroll;
1. We will provide a payroll only service
or,
2. We become your complete human resource
solution, including company payroll processing.
We provide options and you decide what is best for your business
and employees.
Advantages to using a professional payroll company.
* We give your business access to payroll industry experts.
* You write one check to cover all company payroll costs.
* We calculate, process and distribute your company
Payroll.
* We calculate and pay your company payroll taxes.
* Liability for payroll accuracy is our responsibility.
* We pay any penalties for payroll miscalculations, should any
arise.
* We handle your employee W-2s.
* We provide various types of custom payroll reports.
Get A Company Payroll Service
Quote
While business owners and managers are highly qualified for
their positions, most lack proper time and training to fulfill the
duty of company payroll obligations and regulatory compliance in addition
to their day to day work activities. To fill this gap, many
businesses choose to employ Professional Employment Organizations
(PEOs), or Employee Leasing companies, to handle their payroll
service needs. These payroll service companies and staff are
dedicated and specifically trained to fulfill company payroll obligations,
allowing employers to concentrate on their business.
Whether a business has 14 or 500 employees, each of them
must get paid. Outsourcing payroll responsibilities is quite
a common practice in the business world. Most growing businesses
lack the need, resources or desire to have a full time accounting
department and staff. Others may prefer to consolidate or eliminate
their in-house payroll departments. By trusting the payroll burdon
to trained company payroll professionals, employers can ensure their employees' pay
is correct, on time and properly distributed. This reduces the time
spent on paperwork so more attention can be given to more important
aspects of conducting business. Making money!
Professional employer organizations custom design payroll
services for their clients' workplaces and manage the systems
on-site. Company payroll information can often be easily input online,
e-mailed or faxed to eliminate paperwork and lost information. By
contracting with businesses, a PEO assumes responsibility for all
payments and becomes liable to the Internal Revenue Service as the
employer for incomes and unemployment taxes. Employers are relieved
of the stress of the company payroll task, knowing the process is being
handled by trained company payroll professionals. By contracting with PEOs,
companies promote the elimination of mistakes so employers and
employees can avoid the worry and stress of personal and legal
complications that can arise from inaccurate company payroll reporting.
Company payroll service includes more than guaranteeing all employees
get their check on time. PEOs also specialize in writing accounting
reports, preparing tax reports and and fulfilling tax law
requirements. Because PEOs assume full responsibility for all
company payroll related activity, businesses can be assured the work is
being executed properly and their information is in safe hands. The
organizations takes charge of inputting and processing pay data and
sending direct deposits, advances, garnishment reductions,
remittances, year-end processing, bonus and off-cycle runs to name
a few tasks. They will also distribute W-2 and W-4 forms and
provide custom company payroll reports.
PEOs also keep company payroll records and monitor personal, vacation
and sick days. As with all aspects of peo contracted human
resources, the program is designed to cater to the business's needs
and increase efficiency and productivity for employers, employees
and the peo.
They offer a bundle of options depending on the needs of the
owner and their employees. But the process aids simplicity as all
company payroll costs can be dealt with in one simple payment to the PEO.
Employers gain the convenience of in-house payroll experts and
employees are assured that they are being correctly compensated for
their work.
Get A Company Payroll Service
Quote
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