Flexibility & Efficiency: The Power of Payroll Services
Today more than ever, it’s important to stay on the cutting edge. Increased flexibility and efficiency is a crucial component of this. As companies navigate fluctuating demands, evolving projects, and seasonal labor, making it as easy as possible to get the top talent to help meet your goals is critical. This is where payroll services can help.
What are payroll services?
At its core, payroll services provide a solution for companies seeking to hire talent for temporary, seasonal, project-based, or internship roles without the commitment of bringing them on board as full-time employees. This approach alleviates the complexities of traditional hiring processes, such as onboarding and offboarding, while ensuring compliance with regulatory requirements.
Here's how it works: Beyond TalentEdge acts as the employer of record, assuming responsibility for all payroll functions associated with the hired talent.
What does Beyond TalentEdge do for you?
- Weekly Paychecks: Timely and accurate payment is crucial for maintaining employee satisfaction and engagement. With payroll services, clients can rest assured that their workers receive their pay on schedule.
- Deduction and Reporting of Statutory Benefits: Compliance with statutory benefits regulations, such as those outlined in the Affordable Care Act (ACA), is a legal obligation for employers. Payroll services handle the deduction and reporting of these benefits, ensuring adherence to laws and regulations.
- Insurance Coverage: We provide essential, required insurance coverage, including unemployment, disability, workers' compensation, New York State paid sick leave, and paid family leave, protecting both your business and your employees.
- Year-End Tax Processing: Beyond TalentEdge take care of all year-end tax information processing, relieving clients of the administrative burden and stress in an already busy time of year.
How does it help to use payroll services?
Payroll through us at Beyond TalentEdge will save you time, and administrative and liability costs. With us as your partner, you can enjoy the benefits of a flexible workforce while mitigating the risks and administrative burdens associated with traditional hiring practices. Payrolled Service empowers you to scale your team effortlessly and adapt to changing business needs and offer a cost-effective solution compared to maintaining an in-house payroll department.
To learn more about Beyond TalentEdge’s comprehensive suite of talent solutions to help connect top talent with hiring organizations, please see Our Services or reach out to Contact@BeyondTalentEdge.com.