This service is provided when a company is interested in direct employment and has a local entity. A local payroll supplier will run and manage the following payroll processing services for the company’s local entity: payroll employee calculation, benefits management, 3rd party payments (IRS, national insurance, pension scheme, etc.), annual company and employee financial reports, tax filing assistance and more.
Also known as
ASO (administrative services organization) or Managed Payroll Services (an organization that provides outsourced payroll processing services and solutions to meet the administrative and HR needs of the client, with the client retaining all employment, related risks and liabilities).
Standard payment method
Monthly pay based on a fixed price per employee. As for payroll calculation, costs are subject to the number of employees under the payroll. One-time fees may apply for additional services.