Payroll Outsourcing

Payroll outsourcing is the practice of delegating payroll-related tasks and responsibilities to an external service provider. Instead of managing payroll functions in-house, organizations partner with third-party payroll providers to handle various aspects of their payroll process, including payroll processing, tax compliance, direct deposit, benefits administration, and reporting.

Payroll outsourcing providers handle the calculation of employee wages or salaries, taking into account factors such as hours worked, overtime, bonuses, commissions, and deductions. They ensure accuracy in payroll calculations and timely processing of payroll cycles, typically on a weekly, bi-weekly, or monthly basis.