As a business owner, you’re responsible for paying your team on a regular schedule. The process of adding up hours worked and calculating employee pay is commonly referred to as running payroll. Running payroll is an essential part of any business, whether large or small. If you’re interested in how the process works, see our article on how to do payroll.
Many companies choose to outsource payroll to save time, avoid errors, and stay in compliance with the IRS. This is where payroll providers come in. Companies hire payroll providers to handle the payroll process from start to finish. Sometimes, these providers help manage other human resources tasks in addition to meeting a company’s payroll needs.
If you’re in the market for a payroll provider, it can be overwhelming. There are many different types of payroll services out there. While providers tend to offer similar services, there are variations in pricing, specific features available, and so on. In this article, we’ll go over common payroll questions and explain how to choose a payroll service for your company. Read on to learn all about payroll providers, or navigate to a particular section using the links below.