OUTSOURCED PAYROLL SERVICES BY CIPHR

Payroll outsourcing is when an organisation hands over the responsibility for payroll — and the associated administration, data handling, and tax and employment law compliance of employees on an organisation’s payroll — to a third-party service provider. Payroll outsourcing providers use specialist payroll software and employ trained payroll professionals to handle payment processing, reporting, and administration. Discover more outsourced payroll FAQs

Organisations can outsource payroll to save time and money, ensure all employees are paid accurately and on time, safeguard their compliance with tax and employment laws, and alleviate the time-consuming administrative burden of the payroll process. Outsourced payroll saves time typically spent on administration, and can save money by removing the need to hire in-house payroll administrators, fees for payroll software, and potential penalties for non-compliance with tax and employment law regulations.

When organisations outsource payroll, they should look for a provider that can offer the right support for their needs. Outsourced payroll service providers must be able to handle the total number of employees on the payroll, while ensuring the organisation’s compliance with tax and employment law regulations. Organisations should also look out for high levels of IT and data security (ISO certification is vital), comprehensive customer support, and testimonials from other customers.

The cost of outsourcing payroll is typically a ‘per payslip’ pricing structure and will be based on the complexity of your payroll needs, how many employees are on your payroll, how many pay runs are processed in each pay period, and the functionality your organisation needs from their payroll software. Discover more outsourced payroll FAQs