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How Much Does Payroll Cost For a Small Business?

This podcast was recorded at Connect & Simplify™ HQ in Brookfield, Wisconsin. We help hundreds of state-wide businesses reduce their total cost of payroll through time savings. For many businesses in the 50-250 employee range, Connect & Simplify™ is a profitable or more effective alternative to full-time employees dedicating extended time to managing the chaotic and complex problems of payroll. Contact us for a FREE consultation.

Wisconsin Payroll Company Explains Payroll Costs & ROI

Shopping payroll vendors based on cost alone does not give you the full picture of the total investment it takes to handle your company’s payroll. We find many Wisconsin small businesses spend too much time managing and correcting mistakes in their payroll, often negating any initial upfront savings from choosing a cheaper provider. Instead of choosing based on upfront costs alone, you should consider your total ROI for outsourcing payroll.

What should it cost a small business to have its payroll done? Roger Fuerstenau digs into the costs associated with payroll this week. Tune in to hear about the different methods of calculating the cost, what you get for that cost, the service that goes along with that cost and what makes Connect & Simplify different when it comes to payroll – and all the things we do.

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Outline:

  • What is a payroll base fee.
  • How payroll base fees are calculated.
    • Per person payroll charge vs percentage of the amount of each payroll charge.
  • Why cost shouldn’t be the only factor in choosing a payroll vendor.
  • Why service in the payroll industry is a problem.
    • Delayed response times
    • Inexperienced staff
    • Non-tailored support
  • Why Connect & Simplify is a different kind of payroll vendor.
  • How our technology partner UKG is leading the way in payroll management.
  • Why our human capital management software integrates all functions of payroll under one roof seamlessly.
  • Why choosing an integrated payroll provider like Connect & Simplify is your best return on investment.
  • How our initial cost of payroll leads to large time savings that give you valuable time to further grow your business.
  • Why managing the relationships between multiple payroll vendors is costly.
  • How Connect & Simplify’s single sign-on platform integrates all functions of payroll in a single place.
  • Why the cost of choosing an integrated payroll service returns you pennies on the dollar in savings over time.
Check out last week’s episode: Now’s the Perfect Time to Move Your Payroll To Us
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