As a small business owner, how much do you enjoy thinking about payroll management?  Let’s face it—getting payroll just right requires time and effort.  Upcoming federal health care reform is about to create more payroll work while you’ll already be worried about W-2 distribution and year-end figures.  That leaves less time to stay on top of other changing regulations and to make sure your numbers are accurate.  Whether you think payroll isn’t so bad or whether you call it the dreaded P word, wouldn’t you rather concentrate on your already busy schedule and let GHRO take care of your payroll needs?

Here’s a look at the many ways your small business can benefit from outsourcing payroll management.

Cost Reduction

Does your small business pay a premium for an in-house payroll service?  Perhaps you have one employee saddled with all your business’ payroll operations.  However you manage your payroll, is that method the most efficient and cost-effective choice?  If your business has fewer than 20 employees, outsourcing your payroll operations could likely save you money.  Crunch the numbers for yourself.  Calculate the wages dedicated to payroll-related activities and be sure to include time and money spent on paycheck printing, paycheck distribution, and tax document preparation.  Compare your business’ numbers to the payroll service packages offered by GHRO.  You might be surprised!

Accuracy

Payroll errors can wreak havoc on your books, anger your employees, or worse—cause you to receive a certified letter from the government.  With over one hundred years of combined HR experience, GHRO’s experts will keep your payroll error free and will help your business avoid costly IRS penalties caused by late or incorrect filings.

Consistency

Government forms, regulations, and withholding rates are changing at a pace that makes it tough to keep up!  Something as simple as using outdated tax tables can mean hefty penalties for your business.  GHRO’s staff works to stay on top of the latest federal, state, and local requirements.  You can feel confident the latest knowledge will always be at hand; it won’t rotate out with your business’ bookkeeper or payroll officer.

Cost reduction, accuracy, and consistency are just a few ways that outsourcing can improve your business’ payroll management.  Most important, outsourcing with GHRO provides peace of mind that your payroll services are in good hands.  If you’re ready to spend less time worrying about the dreaded P word, contact GHRO today.