"When it comes to recruitment,it can feel as though young people and employers are on completely different planets. Too many young people are struggling to find their first job, whereas many employers are finding it difficult to get the skills they want."
Bulk or Mass Hiring is a complex form of recruitment today and is a continuous process. The basic requirement is the ability to fill a variety of positions across the company on a regular basis with the right candidate "fit". With our knowledge of the markets, a large database, network of colleges and a process driven approach, we are able to provide our clients with screened and tested candidates for bulk recruitment assignments.
Even the most meticulous and experienced professionals find that payroll can be a headache. Companies often initially process payroll themselves for any number of the following reasons:
They consider in-house processing to be more cost-effective than outsourcing.
They want to maintain control over payroll data to handle last-minute changes.
Companies with stable, salaried staff and minimal changes in tax obligations may find it convenient and efficient to manage in-house but when you factor in the time spent managing the process it is not a cheaper option. Also one needs to invest in a proper knowledge of payroll procedure and access to a sound payroll program and it can be ease your mind.
Outsourcing payroll can free up staff time to pursue more important value-added and revenue-generating activities. Inc. magazine recently identified the #1 task for small business to outsource is payroll, along with most accounting tasks.
The direct costs of processing payroll can be greatly reduced by working with a payroll provider.
Manual payroll is a headache in the best case and a nightmare in the worst case. Business owners who outsource payroll eliminate a tiresome source of personal pain.
Providing direct deposit is difficult if a company doesn’t use an outside payroll service. Increasingly, small businesses recognize that employees want direct deposit. Not having to make a trip to the bank is an important convenience for them. More importantly for business owners, direct deposit eliminates time-consuming and error-prone paper handling and the need to reconcile individual payroll checks every month.
A constant question for small business is if the software using the correct tax tables installed on their computer. Using the wrong tax tables can result in penalties.
Most business owners and controllers don’t have time to keep up with constantly changing regulations, withholding rates, and government forms. By outsourcing payroll, a small business can take advantage of expertise that was previously available only to big companies.
If your bookkeeper or controller gets a new job, they will walk out the door with their knowledge of the payroll process and how you do it. Using an outside service eliminates that business risk.