HR Outsourcing |
| Home | Payroll Payroll Processing - Includes signed checks delivered to your location with no additional per check or per employee fee. You receive a copy of all payroll records with payroll checks. Unlike a standard payroll service, under HR services, Paymasters maintains a hard copy of all payroll and timekeeping records. Facilitate Personnel Files - Paymasters offers facilitation of employee personnel files. Any information or reports pertaining to a particular employee may be copied and forwarded to Paymasters. Any forwarded individual employee information will be kept at our office as a backup personnel file. Audit Protection - Should you ever be audited by any local, state or federal agency in conjunction with your payroll, Paymasters facilitates the audit and produces any available documentation necessary to facilitate the auditing agency. (Note: having an independent HR provider process your payroll and time is a lot like having an accountant prepare you personal tax return. Not only does it greatly reduce the chance of an audit; it adds credibility to your system in the event of an audit or reported discrepancy). Tax Collection \ Distribution - As with most conventional payroll processing companies, Paymasters prepares all quarterly and annual payroll reports at no additional charge. Additionally, Paymasters collects and distributes all payroll taxes for your company including FICA (941 deposits), FUTA (940 deposits) and SUTA (state unemployment). Paymasters also handles all garnishments such as child support and student loans. Timekeeping Automation - All of Paymasters timekeeping is stored online via the Internet to a single server station. This eliminates the need to combine or poll punches from one clock or location with another. Versatility - Everything you need to get started is included. With over a dozen different types of clocks or """"data collection devices"""" that can be mixed and matched to fit each working environment, Paymasters has something for everyone. Additional clocks or equipment may be purchased at any time for an additional fee. Upgrades and Support - Since this is a service, there is no software to buy. No costly upgrades or annual support fees. And, no costly system to maintain. Accuracy - Unlike conventional time cards, electronic punches are always applied to the right line and date taking the guesswork out of sloppy paper card punches. Punches are totaled automatically giving total times worked for each day and week to date. Security and Accountability - Knowing exactly who was where and when. For higher security, Paymasters offers time clocks that will ensure no more """"buddy punching"""". Multi-Level Security and Access - This feature enables the client to allow all management personnel to access the system. Each with a customized logon and access to only those employees, reports and edit features that they need. The security is versatile enough to allow even employees to be able to log on and check their own hours to date. Flexible Reporting and Management Tools - With dozens of reports breaking down information into a maximum of 5 different levels, management can easily monitor productivity as well as job costing. And with the multi level security, information and reports can be easily obtained by other divisions or corporate offices instantaneously. Quick Payroll Turnaround - Paymasters automated timekeeping system allows us to process the payroll much more quickly, accurately and efficiently shortening the window between the end of the pay period and the delivery of payroll. |
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