Tawzef Frequently Asked Questions
What is payroll outsourcing?
Payroll outsourcing is the process of giving payroll duties in your company to another firm or third party. As many companies today don’t have the capacity to hire a full-time employee to manage their payroll, outsourced payroll providers became responsible for calculating salaries, deducting absences and missed or late hours. In addition, it’s their job to ensure that your employees are paid what they’re due on time.
Why do small & medium sized businesses need outsourcing services?
Payroll Outsourcing is very helpful & beneficial for small & medium sized businesses as it helps in focusing on the core business and relieves business owners from extra work. Also saves time & costs of hiring a full time team.
What are the benefits of outsourcing your payroll?
Payroll Outsourcing has mainly 5 benefits:
- Saves Time
- Saves Money
- Results in fewer payroll mistakes
- offers labor compliance
- Facilitates opening bank accounts
What do outsourced payroll providers offer?
When considering handing over your payroll needs to a third-party, you wonder about the exact services you will get. The package we offer at Tawzef includes:
- Payroll services for employees.
- Opening bank accounts.
- Completing paperwork with new employees.
- Running background checks for new and potential employees.
- Conducting tax reports.
- Managing social insurance paperwork.
How to choose a payroll provider that meets your needs?
When considering payroll outsourcing, here are a few tips to help you find a payroll service provider that meets your needs.
- Determine your needs
- Look for payroll service providers with experience in your niche.
- Review their testimonials
- Consider manpower outsourcing agencies.