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Payroll Solutions for Businesses

Business Bits with Jim Farrell

Payroll Solutions for Businesses

In this episode, Jim discusses Payroll Solutions with Orly Tabak, a senior manager at ADP. Orly specializes in examining companies Payroll Needs and recommending the best fit payroll solution to her clients. Listen as Jim interviews Orly about available payroll options and Tom Brennan an industry expert on the payroll solution Professional Employment Organizations, aka PEO.  


Many business owners will look to their outside accountant for advice on payroll methods, and selecting the best payroll option. With so many payroll options available, the right payroll solution advice can be critical. Small business owners need to evaluate the time, costs and requirements of payroll processing. Many find that the successful payroll choice depends on the expertise and knowledge of their outside CPA in making recommendations that match the client’s business goals and values. Selecting a national payroll service provider, or a payroll software solution provider will free up time and give the business owner confidence that payroll is handled right every time.

The PEO option allows clients to cost-effectively outsource the management of human resources, employee benefits, payroll and workers' compensation. PEO clients can then focus on their core competencies to maintain and grow their business and profits.

Businesses today need help managing increasingly complex employee related matters such as health benefits, workers' compensation claims, payroll, payroll tax compliance, and unemployment insurance claims. A PEO will handle these responsibilities and provide expertise in human resources management. A PEO delivers these services by establishing and maintaining an employer relationship with the employees at the client's worksite and by contractually assuming certain employer rights, responsibilities, and risk.

Businesses across America have discovered the incredible value of PEOs because they provide industry experts to handle the burden of payroll administration, compliant employment practices, access to employee benefits package, allowing clients to be more competitive in the labor market.

ADP is the Industry Leader in Payroll Solutions, including the PEO Option. ADP pays one in six U.S. Workers and serves approximately 400,000 small businesses. No client is too big or small and will fit into one of its many payroll solutions.



        

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