Payroll can be a daunting task for a small business owner, especially as month-end approaches. Whether it's managing routine payments or navigating changes like maternity leave or sick pay; we take that stress away, ensuring everything runs smoothly. With experience handling payroll for 50+ employees across various pay structures including salaried, hourly, accrued holiday pay and overtime rates, we understand the complexities involved.
Worth noting…
Be aware if you are considering outsourcing payroll to a large Payroll Service Provider (PSP) as this can come with challenges. Not only can it be costly, but the rigid processes often require payroll data to be submitted up to two weeks before payday. This can leave businesses scrambling at the end of the month when last-minute adjustments are needed. Plus, with no internal oversight, errors can easily go unnoticed.
In my career, I’ve seen firsthand how the lack of internal checks can lead to costly mistakes. One company I worked with outsourced their payroll to a large PSP, and due to an incorrectly submitted pay rise adjustment, an employee was overpaid by £10,000 - a mistake that went undetected for months. Without an internal review process, these kinds of errors can slip through the cracks, leading to unnecessary financial loss and admin headaches.