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For most businesses, overheads are a source of constant review in the search to maintain profit margins. Increasingly employers are realising that it makes commercial and financial sense to outsource many of their existing internal operations and focus on their core business. Talking to Albert Goodman is a sensible first step in the process.
Payroll is a critical service that needs to be right every time if you want to have a hard working and contented workforce. This is why there is often some reluctance to source this out of house. Add to this the fact that payroll systems are becoming more advanced and better able to help in keeping businesses up to date with various forms, reports and procedures that legislation requires, and you might think that there is little justification for outsourcing your payroll. If only life were this simple!
If you currently have only one fully experienced member of staff who runs your payroll there is a risk to the business from the loss of this staff member either temporarily or permanently. Outsourcing can save not only an annual salary, but also save on:
Employer’s National Insurance
Employer’s pension contributions
Training costs and lost working days necessary to keep your payroll administrator up to date with current legislation.
Annual subscription fees to payroll publications
Temporary cover when your payroll administrator is off sick or on holiday
The cost of purchasing and updating hardware and software, and the stationery to run your payroll.
In this light, outsourcing can be seen to produce a sizeable annual saving.
Why choose Albert Goodman to do your payroll?
We have operated a successful Payroll Bureau for our clients for more than 20 years. The businesses vary in size from 1 to 1000 employees.
Our Payroll Bureau offers an individually tailored service, which has been developed over many years to meet the specific requirements of each client. Features of our service include:
Monthly, four weekly, fortnightly or weekly payroll processing including preparation of monthly or quarterly Inland Revenue returns.
Keying your input from your internal documentation, which can be faxed or e-mailed.
SSP, SMP, SPP, SAP calculation and recording.
Student Loan collection.
Administration of all statutory deductions such as CSA and Attachments of Earning Orders.
Preparation and on-line filing of end of year returns.
Electronic Banking Facilities.
There are other significant benefits from using our Payroll Bureau.
All our staff members are professional payroll personnel with a minimum of 15 years’ experience.
You will have a dedicated payroll service account manager as your principle contact.
Our systems and procedures are updated as and when required to ensure that we comply with the latest legislation.
We provide straightforward processes for you to follow, virtually eliminating the chance of any errors.
We will provide your payroll at a very attractive cost.
For a competitive quotation contact our Payroll Manager, Lis Fisher, on 01823 286096.
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