Payroll is a necessity, but it pulls a significant amount of focus away from business management and growth. Do you have to do it yourself, though? Small-to-midsize businesses in New Jersey can gain an ally by partnering with a small business payroll company.
That’s where NetPEO comes in. With decades of experience offering payroll assistance for small businesses in New Jersey, we set ourselves apart with a focus on customer satisfaction, top-level solutions, and offering first-rate payroll tools that fit your budget.
How a Small Business Payroll Provider Can Help
The goal of outsourcing your payroll is to make it easier for you to maintain and grow your business. The bigger you get, the more complicated payroll becomes. We take away the complication. Accurate, efficient, and compliant payroll is a must! Our team provides services like:
- Certified payroll
- Direct deposit
- Federal, state, and local tax withholding
- Branded paychecks
- Wage garnishments including child support
- Unemployment claims support
- Deductions, including workers’ compensation and social security
- Union dues
- Officially paying freelancers and contractors
- Time off reporting and accrual
- Employee termination support
- COBRA and continuing benefits
Accurate Pay and No IRS Hassle
The last thing you want to hear from your employees is a payroll problem. It’s not just a sure way to destroy morale in your company. It can open you up to liability from state labor boards. Wage theft is a serious problem, but a small business payroll team can prevent you from making mistakes.
Accurate payroll is also vital to keep the IRS away from your business. The IRS pulls no punches with companies that don’t pay enough tax. They can force your business to shut down and pierce the corporate veil to make people in your company liable for payment.
Tracking payroll and taxes over time can be a veritable nightmare for business owners who don’t have a background in accounting. Skip the hassle and let a professional handle it for you from NetPEO!
A Range of Payroll Outsourcing Options
Not every small business owner is ready to fully turn over payroll in its entirety. The good news is, there are a la carte tools available to help you self-administer payroll more quickly and efficiently.
Some of the most popular payroll outsourcing solutions include:
Payroll Technology
NetPEO uses a proprietary payroll software tool to allow you to process pay calculations and deposit your employees’ money easily. This powerful and user-friendly technology takes you through entering your payroll with easy-to-use templates and makes even the most complicated payroll scenarios a breeze.
The software is mobile-friendly and fully secure so that you can complete payroll anywhere, from any device. You simply go through the steps, direct deposit, prepare checks for printing, or we can even print checks for you.
Deductions and Taxes
Social Security and Medicare taxes (also known as FICA), wage garnishments such as child support payments, benefits, and other payroll deductions and taxes can be overwhelming. It’s easy to make a mistake that can lead to tedious adjustments — at best — and financial and legal penalties — at worst.
NetPEO offers tax and legal compliance support for all employees, including W2, W4, and 1099.
Reporting
Detailed, accurate reports are the foundation of proper business compliance. We provide clear-cut, understandable reports that provide a high-level view of many parts of your business.
Employee Self-Service (ESS) Portal
An ESS is a secure, internal site that makes it nearly effortless for managers and employees to access vital information. Managers use the ESS to help build standard templates and checklists and to access information requested by employees. Employees can use it to check important human resources information, such as benefits, time off, training resources, and more.
Full Payroll Outsourcing
If self-administering payroll just isn’t for you, even with secure and time saving technology, you’re not alone. Many small business owners prefer to allow experts in the human resources field to fully handle payroll.
This helps reduce your company’s risk of expensive penalties, reputation-endangering errors, and ensures compliance with important regulations such as the Affordable Care Act (ACA).
Many of our clients have found that outsourcing payroll to a professional organization such as NetPEO even helps employee satisfaction and retention. No one will miss the days of late payments, miscalculations, and a chaotic process under the stressed-out eye of the business owner(s).
Human Resources Software
Payroll is an important part of a company’s human resources functionality. NetPEO offers an online platform to allow your owners and management team simple tools to update records, process new hires, administer terminations, and other much-needed HR capabilities.
Businesses That Benefit From Working With a Small Business Payroll Company
There are no limits to who can benefit from working with a small business payroll company. The definition of “small business” varies widely. Companies with fewer than 10 employees can reap the rewards just as well as those with more than 110 employees.
Whether you’re just starting out or have been an established business for decades, no matter your industry — your company can enjoy the advantages of outsourcing some or all of your payroll.
We work across New Jersey’s key industries and more:
- Healthcare
- Financial services
- Manufacturing
- Information technology
- Transportation
- Hospitality/service
- Retail
- Construction
- Energy
Affordability of Working With a Small Business Payroll Company
One of our key goals at NetPEO is to make professional payroll services accessible to all businesses, regardless of size. Outsourcing your payroll can help you save money.
Business owners are liberated from the tasks associated with payroll administration, freeing you up to focus on the management and growth of your business.
You work with an experienced human resources payroll partner without having to hire a full-time staff member. That payroll expert reduces your risk of liability, employee disputes, and costly penalties. We work with you to create a custom payroll management solution that fits your budget.
How Small Can My Business Be to Use Your Services?
Small business owners need to know about the rule of three and ten for hiring help. Every time your employee numbers grow beyond certain thresholds, old ways of doing business break down. The pattern goes 1, 3, 10, 30, 100, and so forth.
By the time you get to 10 employees in your business, you could spend five hours or more a week handling payroll tasks. That’s way too much time, and a good point to look for a small business payroll company to help you.
Given our flexible support options, you can start using professional payroll tools as soon as you have a single employee on your books. As your business grows, NetPEO gives you the tools and support you need to smooth over these transition points.
Get Your Free Small Business Payroll Management Quote Today
Focus your time and energy where it can make the biggest impact — on serving your customers and growing your business, not on slogging through payroll paperwork. Call our New Jersey payroll team or fill out the form to get started.
When we meet with you, we’ll learn more about your business needs and can provide you with a free quote to help you simplify your payroll process and your business function more optimally.
