The average small business owner spends between 7% and 25% of his or her time handling employee-related paperwork.
-U.S. Small Business Administration
Whether your company runs its payroll weekly, bi-weekly, semi-monthly or monthly, it ends up costing you hours of wasted time spent on a totally non-profit generating activity. One of the most costly employee administration functions that any employer must contend with is payroll administration.
Approximately 33% of those employers that run their own payrolls will have a penalty or fine imposed on them for late or inaccurate payroll related tax filings. Adding to the payroll related cost for many employers are fines and penalties related to payroll administrations due to inaccurate calculations, late tax filings and the unintentional violation of state or federal regulations, statues or laws.
By failing to utilized current technology or updated payroll regulations many employers have increased the time and expense associated with payroll administration. Without these resources or the assistance of a PEO’s expert staff, those employers have placed themselves at a tremendous disadvantage adding nothing to a company’s bottom line.
PeoPartners, Inc. introduces current technology, payroll systems, professional payroll associates and support through the PEO Service Providers they represents. With the ability to submit payroll information to the PEO via fax, Internet or phone, your company gains the advantage of flexibility and cost effectiveness.
Helping to make you stay focused on your company’s bottom line are variety of informative, easy to read and understandable payroll reports provided with each processed payroll. Job costing, certified payroll, direct deposits and customized payroll reports are not a challenge when utilizing the PEO services introduced through PEOPartners, Inc.
Speak to a PEOPartners, Inc. Consultant and find out how a PEO can assist your company with its specific or unique payroll needs.