What is Outsourced Payroll Management?
This is a service that is becoming more widely used in businesses where the owner, contractor or management team wish to focus their time on developing and growing their business rather than basic payroll and HR functions, which can be very time consuming and not the most productive use of time. It can also be used as a highly effective cash flow tool.
Advantages of Outsourced Payroll Management with IMS
1. Time saving
Our service frees up your time so than you can concentrate on your core skills. We supply one weekly invoice (or multiple job/site specific ones if required) , which covers all wages and statutory costs and fees.
2. Experienced Professional Staff on Hand
Payroll and HR legislation changes often and our staff are constantly updating their skills and knowledge to ensure that our clients are compliant with their obligations.
We offer flexible payments terms to match your requirements which in some cases can ensure that you get paid from your client for the work before having to pay out for staff wages.
4. Risk Mitigation
The Workers are covered by our workers compensation, public and professional indemnity policies.
5. Fully Tax Deductible and Comprehensive Invoice
Our Invoice includes:
– Employee Wages
– Workers Compensation
– Public and Professional Indemnity insurance
– Payroll tax
– Our service fees
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