Payroll Tag

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Payrolling services are a beneficial tool for businesses and organizations that depend on staffing services to help mitigate their personnel gaps or use staffing services during peak or holiday seasons. These services offer an efficient and cost-effective solution for managing payroll for temporary or contract workers, ensuring that they are compliant with labor laws and tax regulations. This article will examine payrolling services, addressing the important questions about their functionality, the concept of employee of record payrolling in staffing, the expenses associated with payroll services (including the cost-saving advantages of utilizing an employee of record payrolling service), the mechanics of employee of record, and the concept of employee of record services. What Is Employee of Record Services? Employee of Record services...

Almost every entity has some kind of indirect employee. These employees can be temporary in nature to serve a project or contract or may have a longer term commitment to a business. In general, companies use Employer of Record payroll services to overcome the regulatory and cost hurdles when employing workers in a remote location, to have flexibility on committing to staff, or to find a way to cover benefit costs and/or other employer burdens. Scion, as the employer of record, assumes responsibilities and liabilities for employment issues such as administration, payrolling, taxes, benefits, and maintaining employee records. Payrolled employees always still work on behalf of your entity but are no longer legally on your books.  Payrolling offers flexibility in...

Since the beginning of the pandemic, over 40 million Americans have filed unemployment claims. What does this mean for you, a savvy business owner? As the country reopens and we take steps to rebuild the economy, more people than ever will be looking for a new job. Before you jump in and begin to hire employees, however, there's a long checklist of items to consider. How much do you know about determining worker eligibility in the US? Do you know which tax forms for new employees you'll need? What about onboarding foreign workers? And how will you find time to handle employee payroll, taxes, and other administrative tasks? In this post, we'll answer those important questions and more. (Please note: The information in this article is designed...