Thursday, January 13, 2011

Payroll Outsourcing Company in Oklahoma

A payroll outsourcing company in Oklahoma provides cost-effective and comprehensive payroll administration services to client companies of nearly all kinds. Be they Fortune 500 companies, medium-sized concerns or small organizations, the PEO which offers payroll outsourcingand other HR solutions makes its services flexible in order to meet the unique individual needs of each company it serves.

Payroll Responsibilities

Administering payroll consists of a number of responsibilities. It basically deals with calculating the salaries for employees, deducting the various tax amounts, adding bonuses and overtime, and administering the paychecks. It involves accounting for calculating the salaries, working with the benefits team to record the bonuses accrued and other incentives and allowances, legal understanding to ensure all norms are met which involves working with the legal compliance department, maintaining employee records including attendance, and keeping tabs on employee performance as well.

The PEO can also offer all the related HR management responsibilities to ensure total HR outsourcingof the company. These solutions, though comprehensive, are cost-effective and offered in line with the requirements of the client company, making them appropriate for your firm.

PEO Payroll Services

The services offered by a payroll outsourcing company in Oklahoma include:

  • Administration of paychecks and stubs

  • Direct deposit to multiple bank accounts

  • Payroll delivery

  • Section 125 pre-tax administration

  • Payroll deductions, garnishments and levies

  • Flexible spending accounts

  • Federal and State payroll tax deposits and returns

  • FICA, FIT & SIT tax withholdings

  • Job cost accounting and cost allocation reports

  • FICA, FUTA, SUTA filing

  • New hire reporting

  • Federal payroll summaries

  • Production and delivery of W-2s

  • Wage/hour law compliance

  • Paid leave program management

  • Vacation & sick time accruals

  • Department summary

  • Catering to multiple worksites


With these services in hand, your company can focus on its core tasks and leave payroll administration to the payroll outsourcing company in Oklahoma.

1 comment:

  1. Great post. It’s great to see the benefits that many companies are able to power by using temporary staffing agencies. payroll processing services

    ReplyDelete

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